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475/500 Christy Creek Road, Morehead, KY 40351

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For Sale

$499,000

13 beds • 12 baths • 11,104 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

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

  • $44.94
    Price per square foot

Explore this Property

A piece of Morehead History. These 2 apartment buildings known formerly as the Mabry apartments are approximately 2 miles from MSU campus and has been serving the community and students alike for decades. This offer consist of 12 units. 475 Christy Creek has 7 - 1 BR/1 BA units and 1-2 BR/1 BA unit for a total of 8 Units and has gas , sewer, water and electric paid by Landlord. Situated on .46 surveyed acres. 500 Christy Creek has 4 - 1 BR/1 BA units and water, electric, gas and septic. -paid by Landlord but has some separate meters if you wanted to put these 4 on tenant pay. Situated on 1.24 surveyed acres. Possible room for some more units and a possibility to hook those up on sewer-Buyer to verify with Utility Plant Board.Several of the units have had updates and their is still some work to do, but if you are handy and can do some work yourself-you might just be able to add some equity for you! Some maintenance equipment may stay with purchase.Allow a couple days for appointments to be set up but CALL QUICKLY.
MLS# 23023333

Courtesy Of United Real Estate Lexington KY

(859) 800-7355

Property Features

  • Architecture Style
    Other
  • Lot Size
    1.7 Acres
  • Roof Type
    Unknown
  • Rooms
    Bedroom, Full Bath

Map and Directions

Directions to 475/500 Christy Creek Road, Morehead, KY 40351

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) 783-0021
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Monthly Payment Breakdown

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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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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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