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4950 Southwest Highway 1009, Monticello, KY 42633

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For Sale

$524,000

13 beds • 10 baths • 12,160 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • $43.09
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Be sure to check out this unique opportunity in this very appealing property. Solidly built as an elementary school in the early 1960's, this building has been beautifully renovated into a residential property with 10 separate units, all under one roof. For over 10 years, the current owners have painstakingly converted the property to a showplace you have to see! There are (3) 2-bedroom Apts with 2 car garage, 1 bedroom apt with 2 car garage, and 6 other studio units. 4-units that have additional storage, in addition to tons of attic storage. All units have a doorway to the outside, along with an interior hallway that runs the length of the building. There is a common kitchen & dining area along with several storage bays. Most of the furnishings and appliances stay. Outside is a storage building and barn, all on an 8-acre tract. The owners are in the process of installing an electric vehicle charging station. The mountain views are incredible! Think of possibilities here; a bed & breakfast, a 10-unit apartment or condo building, a rehabilitation center, or a place to house your whole extended family and friends. In the heart of Southern Kentucky's 4-wheeler country.
MLS# 24006381

Courtesy Of Access Realty & Auction

(606) 348-0140

Open Houses

May

5

Sunday

In Person

Sunday, May 5, 2024

1:00PM - 4:00PM

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Porch, Wet Bar, Ceiling Fan, Security System, Security System
  • Appliances
    Dishwasher, Dryer, Range, Refrigerator, Washer
  • Architecture Style
    Ranch
  • Cooling System
    Zoned A/C
  • Exterior Type
    Brick Veneer
  • Floor Covering
    Carpet, Concrete, Hardwood, Tile, Vinyl
  • Heating Fuel
    Electric
  • Heating System
    Zoned
  • Lot Size
    8 Acres
  • Roof Type
    Metal
  • Rooms
    Bedroom, Full Bath

Map and Directions

Directions to 4950 Southwest Highway 1009, Monticello, KY 42633

Home seller CENTURY 21 Advantage Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Advantage Realty

(606) 451-1021
Learn More About Us

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Copyright © 2024 Lexington-Bluegrass Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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 being provided is 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.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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