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900 Coldwater Road

Murray, KY 42071
  • $775,000
  • STATUS: Active
  • ON SITE: 25 Days
  • MLS #: 117778
$775,000
  • 0
    BEDS
  • 0.7
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Very rare, PRIME multi-use location,**CLOSE TO CAMPUS**, B-2 Zoning with LOTS of upward business opportunity potential! Property is producing far below it's potential with this location. 0.70 acre lot, 12,210 sq. ft. of building area, 252ft. frontage on Coldwater Rd, 129ft. on Park St. (14) total units on the property. (13) currently serve as multi-family units consisting of; (6) 2BD/1BA units, (4) 1BD/1BA units, (2) studio units, (1) 3BD/2BA unit. (1) office/retail space currently used by owner as lock shop. 3-bay metal shop building on site. With some work put into it, this could transform into a major multi-use investment property. Potential Gross Income***AS-IS***=$81,300/yr -- Effective Gross Income=$57,900/yr -- Check this out!!!

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Listing information © 2022 Western Kentucky Regional MLS, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Cothran Property Group | Keller Williams Experience Realty. Data last updated: 2022-07-04T23:42:36.28.
www.westkyhomesandland.com/homes/129695269
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900 Coldwater Road Murray, KY 42071

  • Price: $775,000
  • Status: Active
  • On Site: 25 Days
  • MLS #: 117778
0
Beds
0
Baths
0
½ Baths
0.7
Acres
Neighborhood:
None
County:
Calloway
Area:
Murray
Elementary School:
Calloway/Murray-Verify
Middle School:
Calloway/Murray-Verify
High School:
Calloway/Murray-Verify
Property Description
Very rare, PRIME multi-use location,**CLOSE TO CAMPUS**, B-2 Zoning with LOTS of upward business opportunity potential! Property is producing far below it's potential with this location. 0.70 acre lot, 12,210 sq. ft. of building area, 252ft. frontage on Coldwater Rd, 129ft. on Park St. (14) total units on the property. (13) currently serve as multi-family units consisting of; (6) 2BD/1BA units, (4) 1BD/1BA units, (2) studio units, (1) 3BD/2BA unit. (1) office/retail space currently used by owner as lock shop. 3-bay metal shop building on site. With some work put into it, this could transform into a major multi-use investment property. Potential Gross Income***AS-IS***=$81,300/yr -- Effective Gross Income=$57,900/yr -- Check this out!!!
Exterior Features

Access Public Road Construction Concrete BlockFrame Doors And Windows Metal FrameStorm DoorsVinyl Frame Exterior Features BalconyCurbsSidewalksTrees Exterior Finish Brick/SidingMetalWood Foundation Slab Garage Cap Per Unit None Garage Type AttachedWorkshop Land Use Topography Level Roof Composition ShingleRubber Stories Other Style 1 Story2 Story

Interior Features

Basement None Beds Per Unit Varies By Unit Cooling Central Air Dining Kitchen Eat-In Kitchen Floor Covering CarpetConcreteLaminateTileVinyl/Linoleum Full Baths Per Unit Varies By Unit Heating ElectricForced AirSpace Heater Interior Features Circuit BreakersFuse Box Unit1 Rent Mo 750 Unit2 Rent Mo 650 Unit3 Rent Mo 650 Unit4 Rent Mo 950 Unit5 Rent Mo 750 Unit6 Rent Mo 650 Walls PanelingDry Wall

Property Features

Agent Owned YN No Contingencies YN No Electric Company Murray Electric Electric YN Yes Foreclosure YN No Gas Company Murray Natl Gas Gas YN Yes Hoa YN No Location In City Limits Possession Negotiable Restrictions Zoning Restrictions YN Yes Sale Rent For Sale Sewer Public/Municipality Type Other Utilities Available Garbage - PublicNatural Gas Available Water Public/Municipality Water Company Murray Municipal Water YN Yes

Listing information © 2022 Western Kentucky Regional MLS, Inc.
Listing provided courtesy of Matt Wilson of Stedelin Real Estate, Llc.

Listing information © 2022 Western Kentucky Regional MLS, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Cothran Property Group | Keller Williams Experience Realty. Data last updated: 2022-07-04T23:42:36.28.
 
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Cothran Property Group | Keller Williams Experience Realty
118 South 5th Street - Suite B
Murray KY, 42071