For sale
  • $1,595,000

    2 N Main St, Winchester, KY 40391

    37beds
    26,124sqft
    : 
    SingleFamily
    Built in ----
    9,583.2 Square Feet Lot
    $1,463,200 Zestimate®
    $61/sqft
    $-- HOA

    What's special

    Facade transformationNew flooringNew roofingModern kitchensBrick tuck-pointingCentral hvacUpdated baths
    Major CAPEX in 2022 & 2024 — Facade transformation, fully restored and renovated. Current grossing $168,000 annual rent, with $4,000/month upside — beats the 1% rule! The Kerr Building, the largest downtown historical landmark, features structural repairs, new roofing, brick tuck-pointing, secure key-fob entrances, central HVAC, modern kitchens, updated baths, and new flooring. 18 LIHTC apartments and 2 renovated ground-floor offices totaling 20 income-producing units. Additional space at 4-10 Main Street offers a blank canvas for tenant improvements and added cash flow. Downtown Winchester is thriving — turn-key, stabilized, and priced to sell. Seize this opportunity!
    14 days
    on Zillow
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