• Asking Price $325,000
  • 707 Old Shakertown Road Danville, KY 40422

  • 4 Beds 2 Baths 2,838 SqFt
  • Single Family Home / Resale (MLS)

Property Details for 707 Old Shakertown Road, Danville, KY 40422

Features

  • Price/sqft: $114
  • Total Rooms: 6
  • Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 1, Bathroom 2

Facts

  • Property ID: 897544333
  • MLS Number: 24007926
  • Property Type: Single Family Home
  • County: BOYLE
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. Current owners got zoning changed to RM-3 which makes this an ideal (and rare) multi-family housing property. RM-3 allows up to 8 units per building (which would mean 62 units plus the home in place). This property is one of the only properties with this zoning, which makes it the ideal property for investors and builders looking to expand the housing options in Danville. At this price point, land cost per unit is under $5300 at 62 units.

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Property Brokerage: Rector Hayden Realtors 1099 Duval Street Ste 250 Lexington KY 40515
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.



All information provided is deemed reliable, but is not guaranteed and should be independently verified.