London KY Real Estate &

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Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
24017866
Type:
Multi-Family
Subdivision:
Rural
Lot size:
51.81 Acres
A broker reciprocity listing Courtesy: Kentucky Wide Realty 859-224-4343
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ADDITIONAL INFORMATION

Beautiful 51.80 acres, 5 rental homes, tobacco barn and 28 stall horse barn. This land is perfect for a development. The land lays perfectly for this. Great location between London and Corbin Ky. Located just off Hwy25 and hwy 1189. All rentals are presently month to month so rent can be increased at new owners discretion. This is an estate sale and Real Estate Broker is a Co-owner. This property has a cap rate of almost 4% if purchased at the listing price. Could be much more if rent is increased.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
24009569
Type:
Multi-Family
Subdivision:
City Limits
Lot size:
0.12 Acres
Year built:
1947
A broker reciprocity listing Courtesy: CENTURY 21 Advantage Realty 606-878-0021
View additional info

ADDITIONAL INFORMATION

Investment opportunity featuring 5 apartments in 3 separate buildings. Back two 3 story structures have 2 apartments in each, with 2 bed/1 bath. Front building, which once served as a beauty/barber shop, is an efficiency unit that had a build-out to accommodate Highlands Diversified company. Offer kitchen and laundry hookup. Recently renovated to 3 apartments. Building on back left, 221 2/1, boasts a 3 yr old metal roof, newer vinyl windows, real hardwood flooring throughout. The back right building, 221 1/2, offer a newer roof, original hardwood and newly restored walk-out deck patio. Incredible opportunity for a Real Estate Investor!

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Andrea D. Conner, License 221773, Xome Inc., License 239054, [email protected], 844-400-XOME (9663), 1795 Alysheba Way, Suite 102, Lexington, KY 40509


The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Lexington Bluegrass Multiple Listing Service. The Broker providing this data believes them to be correct but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 Lexington Bluegrass Multiple Listing Service. All rights reserved.



London Real Estate

London is located in Kentucky. London, Kentucky has a population of 7,492. London is less family-centric than the surrounding county with 27.78% of the households containing married families with children. The county average for households married with children is 28.65%.

The median household income in London, Kentucky is $41,795. The median household income for the surrounding county is $46,604 compared to the national median of $69,021. The median age of people living in London is 39.8 years.

London Weather

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 48.4 inches per year, with 9.7 inches of snow per year.

London Map

London Real Estate Market Conditions

  • Median sales price

    $244,000
    16.7%
    change since last quarter
  • # Active listings

    314
    30-day change

London Schools and Demographics

Education near London, KY

City County
High School Graduates 85.7 82.49
College Degree - 2 year 7.66 7.51
College Degree - 4 year 16.65 15.44
Graduate Degree 4.77 5.28
Expenditures per Student 10,771 10,771
Students per Teacher 15.9 15.9

Elementary Schools near London, KY

Grades Students P/T Ratio ZIP
Bush Elementary School PK - 05 546 17.6 40741
Camp Ground Elementary School PK - 05 299 15.7 40744
Cold Hill Elementary School PK - 05 299 17.6 40741
Colony Elementary School PK - 05 353 16.1 40741
Corbin Elementary School 03 - 04 417 17.2 40701
Corbin Preschool PK - KG 115 40701
Corbin Primary School KG - 02 646 16.9 40701
East Bernstadt Elementary School PK - 08 526 18 40729
Hazel Green Elementary School PK - 05 318 15.9 40729
Hunter Hills Elementary School PK - 05 699 15.9 40701
Johnson Elementary School PK - 05 295 18.4 40741
Keavy Elementary School PK - 05 296 17.4 40737
London Elementary School PK - 05 607 16.9 40741
Oak Grove Elementary School PK - 06 740 18.5 40701
Sublimity Elementary School PK - 05 367 19.3 40744
Wyan-Pine Grove Elementary School PK - 05 461 15.9 40744

Middle Schools near London, KY

Grades Students P/T Ratio ZIP
Corbin Intermediate School 05 - 06 464 20.6 40701
Corbin Middle School 07 - 08 487 15.8 40701
North Laurel Middle School 06 - 08 1,134 16.8 40741
South Laurel Middle School 06 - 08 1,097 16.8 40744

High Schools near London, KY

Grades Students P/T Ratio ZIP
Corbin High School 09 - 12 857 16.4 40701
North Laurel High School 09 - 12 1,395 18.9 40741
South Laurel High School 09 - 12 1,210 17.8 40744

Ungraded Schools near London, KY

Grades Students P/T Ratio ZIP
* High School Homebound 09 - 12 4 6.3 40701
* Knox County Learning Academy 09 - 12 46 8.9 40701
* Laurel County Day Treatment 07 - 12 42 14 40741
* McDaniel Learning Center 10 - 12 55 13.8 40744
Corbin Area Technology Center UG - UG 0 40701
Corbin Educational Center 06 - 12 39 12.4 40701
Corbin School of Innovation KG - 12 43 40701
Laurel County Career Readiness Center UG - UG 0 40741
Lynn Camp Schools PK - 12 1,094 14.1 40701

Demographics near London, KY

City County
Neighborhood Type Small town
Population 7,492 62,090
Population Density 717 143
Median Age 39.8 40.1
People per Household 2.2 2.6
Median Household Income 41,795 46,604
Average Income per Capita 22,979 24,072

Real estate near London