Situated just 5 minutes from downtown Danville, check out this package of BRAND NEW CONSTRUCTION, move-in ready, ranch homes! Currently offered as a combination of 6 single-family detached units, with potentially up to 29 total units available, these homes are situated on a private road just a short drive to Centre College, Herrington Lake, Wilderness Trail Distillery, and multiple businesses/commerce/attractions. Zoned R1-C, possibilities for these properties include permanent residency, short term and long term rentals and more! Easily accessible & favorable for those looking for one-level living, all properties boast 3 bedrooms, 2 full baths with over 1200sf of living space. Welcoming you to each unit is a bright open concept living/dining/kitchen area featuring LVP flooring, stainless steel appliances, and granite countertops. The primary suite is sizable and storage is abundant! Perfect for vehicles is an attached one-car garage, parking is ample and the small yard area makes for low-maintenance upkeep! Recently completed in 2024, these properties would make ideal additions to the investment portfolio, as Danville is a growing city and hub for the central KY region. Call now!
Current owners got zoning changed to RM-3 which makes this an ideal (and rare) multi-family housing property. RM-3 allows up to 8 units per building (which would mean 62 units plus the home in place). This property is one of the only properties with this zoning, which makes it the ideal property for investors and builders looking to expand the housing options in Danville. At this price point, land cost per unit is under $5300 at 62 units.
Danville is located in Kentucky. Danville, Kentucky has a population of 16,657. Danville is less family-centric than the surrounding county with 28.72% of the households containing married families with children. The county average for households married with children is 30.56%.
The median household income in Danville, Kentucky is $37,045. The median household income for the surrounding county is $43,076 compared to the national median of $57,652. The median age of people living in Danville is 36.6 years.
The average high temperature in July is 85.6 degrees, with an average low temperature in January of 24.4 degrees. The average rainfall is approximately 47.6 inches per year, with 14.4 inches of snow per year.