453 S Laurel Rd

London, KY 40744 View Map $4,400,000 Schedule a Tour
Acres4.99
Year1976
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KellerWilliams Bluegrass-Lake Cumberland

KellerWilliams Bluegrass-Lake Cumberland

(606) 677-0059
 
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Status: Active
Property Type:Commercial
MLS #:23022844
On Site:79 Days
Lot Size:4.99 Acres
County:Laurel
Introducing a remarkable investment opportunity in London, KY! This commercial property comprises six roughed-in buildings, with new plumbing and sewer lines. Four of the buildings are roughed in with electric, and one building with HVAC installed. Included in the sale are doors and trim for 16 units, Windows for 26 units, Cabinets for 32 units, Flooring, tile, and backsplash for all 40 units, Electrical and plumbing fixtures for all 40 units, and Bathtubs for all 40 units. Eight units already drywalled, Additional storage with a 40-foot container and a 20-foot container, Plus, butcher block countertops included throughout, Pro Forma Information:Projected rents:2 bed 1.5 baths: $1,275/month x 24 units.3 bed 1.5 baths: $1,395/month x 16 units.Gross income: $635,040 annually.Tenants responsible for all utilities; no common area costs.Opportunity to expand with the potential for another 10-unit building.Low annual taxes of $11,000 and insurance costs at $15,000.

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453 S Laurel Rd, London KY, 40744 - Laurel County - commercial for sale for $4,400,000 - 
bedrooms, baths, SF, 4.99 acres - MLS# 23022844. 

 Southcentral Ky Real Estate, Homes, & Property For Sale 

Lake Cumberland Real Estate Professionals NOW Powered By Keller Williams Bluegrass Realty know how to sell your Lake Cumberland property! Count on the professional real estate agents of Southcentral, KY for all your real estate needs. Our agents would be happy to help you with 453 S Laurel Rd, London KY, 40744 or any other property listing.

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Call us today for more details about 453 S Laurel Rd, London KY, 40744 - MLS# 23022844!


Community Information

Address:453 S Laurel Rd, London, KY 40744
County:Laurel
City:London
Subdivision:City Limits
Zip Code:40744

Property Features

Lot Size: 4.99 Acres
Sewer: Public Sewer
Utilities: Sewer Connected, Water Connected
Zoning:Residential
Directions:Head south on I-75 S, Use the right 2 lanes to take exit 38 for KY-192 E, Use any lane to turn left onto KY-192 E, Turn right onto S Laurel Rd, Turn right onto Thunderbird Rd, Turn left, Destination will be on the left

Tax and Financial Info

Tenant Pays: Electricity, Sewer, Trash Removal, Water
Available Documents: Appraisal

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453 S Laurel Rd London,  KY 40744
GO SEE THIS LISTING
453 S Laurel Rd London, KY 40744
 
ASAP
Sun
25
Feb
Mon
26
Feb
Tue
27
Feb
Wed
28
Feb
Thu
29
Feb
Fri
1
Mar
Sat
2
Mar
Choose Your Date -- It's Free, Cancel Anytime
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Listing Information Last Updated 2/24/2024
Listing provided courtesy of Exp Realty, LLC.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than Keller Williams Bluegrass Realty - Lake Cumberland are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.