For sale
  • $530,000

    4738 Camargo Levee Rd, Mount Sterling, KY 40353

    9beds
    6,000sqft
    : 
    Multi Family
    Built in ----
    -- sqft lot
    $-- Zestimate®
    $88/sqft
    $-- HOA

    What's special

    Plumbed rv padWell-maintained complexNew metal roof
    Multi-Family Investment Opportunity - 9 Units + Expansion Potential in Camargo, KY Excellent income-producing property featuring 9 rentable units across two buildings, with 6 units currently leased, 2 ready for new tenants, and 1 awaiting renovation. Recent updates include 8 units repaired or flipped within the last two years, new HVAC systems, and a new metal roof (installed within 3 months) on the smaller 4-unit building. The larger building offers 5 existing units plus a framed-out 6th unit with rough plumbing and electric in place. Additional opportunities include a spacious A 32' x 40' shop with 12' ceilings and a work pit garage that could be leased for storage or converted into 2-3 more rental units, and a plumbed RV pad with electric—plus space for a second pad once utilities are extended. The property is currently served by 2 water meters, with 12 new individual meters onsite ready for installation to increase efficiency and reduce costs. This well-maintained complex in peaceful Camargo offers both immediate cash flow and substantial upside potential—perfect for investors seeking value-add opportunities in a rural market. Located outside of downtown Mt Sterling and within 46 minutes/36 miles from downtown Lexington. It is approximately 40 minutes to Morehead State University and Transylvania University.
    17 hours
    |
    100
    |
    3
    |
    • Loading
    • Loading