Prime Investment Opportunity in Corbin, KY - Multi-Unit Apartment Complex with Room to Expand! Attention investors! This exceptional multi-family property offers two apartment buildings, each featuring four spacious units—two on the ground floor and two on the top floor. Every apartment is designed for comfortable living, boasting two bedrooms and one bath, making it an attractive option for tenants. Situated on 2.75 acres, this property offers additional land for future development, presenting a prime opportunity for expansion. The complex is conveniently located just minutes from downtown Corbin and close to shopping, dining, and entertainment—a key selling point for potential renters. Tenant amenities include: ✔ Two-car parking spaces for each unit ✔ Quiet and accessible location with easy access to major roads ✔ Ample green space for future development or recreational use This property is ideal for investors seeking steady rental income with the potential to increase value through expansion. Don't miss this rare opportunity to own a profitable multi-family complex in a high-demand rental market! Call today to schedule your showing!
Property offers 3 mobile homes producing $2,100 of monthly income
Discover an exceptional investment opportunity with these two well-maintained duplexes, 4 total rental units perfectly situated on 0.75 acres. Each unit is currently rented long-term for $575 per month, boasting a remarkable 0% vacancy rate. This property offers not only consistent cash flow but also tremendous potential for short-term rentals, catering to the thriving tourism market in the area. Property highlights include a spacious 1,600 sq ft detached garage, perfect for storage or additional rental opportunities, ideal location at just 2 min to The Mint Gaming Hall Cumberland Run and 9 min to the hospital, I-75, shopping, restaurants, and the Corbin Arena; stable long-term rental income with possibility of short-term rental conversion, maximizing profitability. The property combines the benefits of a solid rental income with the versatility of location, making it a prime choice for savvy investors.
A multi-unit complex with 2 houses and 5 mobile or modular homes on approximately five acres A central access road connects all the units, leading to individual parking spaces for each home. This type of complex could offer a great mix of income from various tenants while providing a country or suburban setting, with enough space to ensure that residents aren't crowded but still part of a small community.
This property features two separate mobile homes, each with 2 bedrooms and 1 bathroom, providing a great opportunity for rental income. Both homes are similar in layout, with two comfortable bedrooms, ideal for small families, couples, or individuals. The bathrooms are efficiently designed to meet the needs of tenants. These homes are ideal for long-term rentals or short-term stays, depending on the owner's goals. Currently, the total rental income from both homes is $1,000 per month, making this property an excellent investment opportunity for those looking for steady, reliable income. With two separate units, you can also benefit from dual occupancy, minimizing the risk of vacancy and maximizing potential returns. Homes do need some TLC
PRIME BUSINESS OPPORTUNITY IN HIGH TRAFFIC AREA! Unlock limitless potential with this prime commercial opportunity in Corbin! Situated on 1.11 acres with 300 feet of road frontage on Cumberland Falls Highway located near the corner of Main Street, this property offers a strategic location for any business venture. Whether you envision office space, retail space, a restaurant, or a mixed-use development, this location is perfect. High visibility and accessibility ensure maximum exposure in a thriving community. It also includes three buildings with four fully occupied residential rental units, providing immediate income for the new owner. Two of these buildings are currently scheduled to receive brand new roofs which will provide added peace of mind. Don't miss out on this rare chance to establish your business in a growing area. Act now before it's too late!
Corbin is located in Kentucky. Corbin, Kentucky has a population of 8,397. Corbin is less family-centric than the surrounding county with 35.98% of the households containing married families with children. The county average for households married with children is 36.43%.
The median household income in Corbin, Kentucky is $45,307. The median household income for the surrounding county is $41,817 compared to the national median of $69,021. The median age of people living in Corbin is 37.7 years.
The average high temperature in July is 86.1 degrees, with an average low temperature in January of 24.8 degrees. The average rainfall is approximately 49 inches per year, with 8.5 inches of snow per year.