15 S Main St., Whitley City, KY 42653

Listing Description

Who is ready to add this investment piece to their portfolio? This property is diagonally across the street from the courthouse, on Main Street, in Whitley City. It offers 5 apartment units and 1 store front unit. This building would make a great piece for any store owner or investor. The store front is currently being used as a discount store with restroom, storage rooms and changing rooms. This store has an HVAC system for heat & air. Each of the apartments is rented on a month by month basis. Landlord takes care of water, sewer & trash. Tenants are responsible for electric and internet. There are 4 upstairs units that are 1 bedroom and 1 bathroom with baseboard heat and window unit air. The 5th unit is a 2 bedroom 1.5 bathroom with an HVAC system. This property brings in a nice cash flow each month. The current owner has made several improvements to the property. This property pays out at more than a 1% monthly gross ROI at current asking price.