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411 High Street, Paris, KY 40361

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For Sale

$279,950

6 beds • 5 baths • 5,044 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • $55.50
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

INVESTOR ALERT!!! This downtown Paris 5-unit building will appeal to the most savvy among you. This owner has done the important work of thoughtfully designing a building in a way that honors its character, while planning for a modernized space capable of drawing the higher end of rents in charming downtown Paris. The property has been gutted, and most framing has been added to accommodate this reimagining. The owner has handled a bulk of the expensive and valuable work---roughed-in plumbing, some electrical, new windows, new vinyl and a new roof. This opportunity is ready for you to take off running with. Current work has been done to prepare for one 2 bedroom unit, three large 1 bedroom units and one studio. Do a bit of back of the napkin math and you'll quickly find numbers could look very good for this property, whether you want to go with your own plans, or cruise straight ahead with this current vision for a higher end product. There just aren't many NICE apartments in downtown Paris, so the sky is the limit for what you can do here. Fun thought---note the entry and staircase. Maybe this could be a really neat boutique hotel?
MLS# 25012640

Courtesy Of East of Elm

(859) 797-3640

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Lot Size
    0.27 Acres

Map and Directions

Directions to 411 High Street, Paris, KY 40361

Home seller CENTURY 21 Commonwealth Real Estate

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 Commonwealth Real Estate

(502) 859-2125
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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.

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