$625,000
Price cut: $25K6804 U.S. 641, Gilbertsville, KY 42044
- 2.3
- acres
- Mixed Use
- Property type
- 1984
- Year built
- 2.3 acres
- Lot size
Listing Description
Investors dream of a place like this! Nicely remodeled apartment complex with adjoining RV Park less than one mile from Kentucky Lake. Located between Draffenville and Gilbertsville and within minutes of TVA public boat ramp with two courtesy docks. Currently rented on a month to month basis with seven apartments and six RV sites--over $9,000 monthly rent roll. Additional office space and storage building. Ideal for those needing minimal space for seasonal work or regional assignments--construction workers, traveling medical professionals, students, professors. Attractive to fishermen, hunters, and lovers of Kentucky Lake. Make this your full-time rental investment or be creative and increase your income by converting it back to a motel. Limited only by your imagination. Location is everything!
Listed by Kopperud Realty · kopperud@murray-ky.net
MLS #26016145 · Listing provided by
Shelby & Drake JohnsonFive Pillars Team · eXp Realty
Home Details
- Property type
- Mixed Use
- Year built
- Built in 1984
- Lot size
- 2.3-acre lot
Interior
- 0 bathrooms
Property
- Mixed Use
- 2.3-acre lot
Construction
- Built in 1984
- Metal
- Heating: Zoned
- Cooling: Multi Units, Zoned
Show all home details
Exterior & parking
- Roof
- Metal
- Parking features
- Gravel, Paved
Utilities & comfort
- Heating
- Zoned
- Cooling
- Multi Units, Zoned
Services Availability
- Internet
- Not reported
- Utilities
- Not reported
- Parking
- Gravel, Paved
Property & Price History
| Date | Event | Price |
|---|---|---|
| Jul 5, 2026 | Listed for sale | $650,000 |
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Property Documents
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Estimate Your Monthly PaymentMonthly payment
Estimated monthlyEst. payment
$3,982/mo
30-year fixed · 6.75% assumed rate
- Principal & interest
- $3,243
- Taxes
- $557
- Other costs
- $182
- $625,000
- Home price
- 20% · $125,000
- Down payment
- 6.75%
- Interest rate
- 30 years
- Loan term
Payment Breakdown
- Principal & interest
- $3,243
- Estimated property taxes
- $557
- Home insurance
- $182
- HOA
- Not provided
- Utilities
- Not included
Estimate only. Utilities not included. HOA not provided.Illustrative estimate, not a loan offer. Taxes (1.07%/year) and insurance (0.35%/year) use assumptions; actual costs and available rates vary. HOA is not included because its monthly amount is unavailable.
Adjust Payment Details
Payment Breakdown
- Principal & interest
- $3,243
- Estimated property taxes
- $557
- Home insurance
- $182
- HOA
- Not provided
- Utilities
- Not included
Illustrative estimate, not a loan offer. Taxes (1.07%/year) and insurance (0.35%/year) use assumptions; actual costs and available rates vary. HOA is not included because its monthly amount is unavailable.
Travel Times and Accessibility
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- Walk Score
- —
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- Bike Score
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Assigned Schools
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High School
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Shelby & Drake JohnsonFive Pillars Team · eXp Realty