Courtesy: Schuler Bauer Real Estate Services Era Powered
Investor Special in Shelbyville, KY! Excellent income-producing opportunity with this multi-unit / boarding house property located in the heart of Shelbyville, Kentucky. Currently operating as a 9-room rental, this property offers strong cash-flow potential with 7 rooms already rented. The home features 3 full bathrooms (including 2 communal baths), 2 kitchens, and 1 shared laundry area, making it well-suited for room rentals, workforce housing, or long-term investment strategies. On-street parking is available.This property does need some TLC, making it an ideal value-add investment for investors looking to increase rents and equity. Perfect for those seeking a fixer-upper rental, multi-family alternative, or boarding house investment in a growing market. DO NOT DISTURB TENANTS. Call the listing agent for information.
Courtesy: Berkshire Hathaway Homeservices, Parks & Weisberg Realtors
This 5 unit multi family building, currently fully leased is perfect for that first time investor or that investor looking to add to their portfolio!
Shelbyville is located in Kentucky. Shelbyville, Kentucky has a population of 16,932. Shelbyville is less family-centric than the surrounding county with 34.7% of the households containing married families with children. The county average for households married with children is 35.83%.
The median household income in Shelbyville, Kentucky is $70,751. The median household income for the surrounding county is $73,974 compared to the national median of $69,021. The median age of people living in Shelbyville is 36.8 years.
The average high temperature in July is 87.7 degrees, with an average low temperature in January of 21.4 degrees. The average rainfall is approximately 48.2 inches per year, with 11.8 inches of snow per year.
