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11 Dalton Lane, Somerset, KY 42503

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For Sale

$599,900

2 beds • 2 baths • 1,000 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $599.90
    Price per square foot

Explore this Property

**Investment Opportunity: Own a Thriving Multi-Family Portfolio!** Discover an unparalleled investment opportunity with this impressive multi-family property, featuring **11 diverse units** Located just minutes from the local boatramp, this portfolio caters to both adventurous spirits and those seeking a serene retreat. - **Diverse Unit Mix:** With 11 units varying in age and size, this property offers a unique blend of living spaces that appeal to a wide range of tenants ensuring consistent occupancy and maximizing your rental income. - **Proven Rental History:** This property boasts an impressive rental income of **$5500 per month**. You can invest with confidence. - **Prime Location:** Just minutes from a popular boatramp, your tenants will enjoy easy access to outdoor adventures, making this property an irresistible choice for water enthusiasts. Not to far away is a variety of dining, shopping, and recreational opportunities. - **Investment-Grade Features:** This multi-family portfolio is not just about the numbers; it's about the potential for growth. With opportunities for value-add renovations, you can increase rental rates and property appreciation over time. The varying ages and sizes of the units mean that there's room for strategic upgrades to enhance tenant appeal. - **Property Management Potential:** If you're new to real estate investment or looking to expand your portfolio, this property can be easily managed. With established systems in place, you can focus on growing your investments while enjoying peace of mind knowing that your property is in good hands. **Why Invest in This Multi-Family Portfolio?** - **Cash Flow Positive:** Generate significant income right from day one with a strong rental history. - **Strategic Growth:** Opportunities for renovations and upgrades to further enhance value. - **Community Amenities:** Proximity to parks, dining, and recreational facilities enrich the tenant experience. Investing in real estate is not just about acquiring property; it's about securing your financial future. Don't miss this incredible opportunity to own a piece of a thriving rental market.
MLS# 25505713

Courtesy Of Lake Cumberland Real Estate Professionals

(606) 677-0059

Property Features

  • Lot Size
    2.06 Acres

Map and Directions

Directions to 11 Dalton Lane, Somerset, KY 42503

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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Monthly Payment Breakdown

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† 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.