145 Fleminsburg Road, Morehead, KY 40351

$750,000
Property Type: Residential Income Bedrooms: 14 Baths: 5 Square Footage: 10,500 Lot Size (sq. ft.): 17,424 Status: Closed
Current Price: $750,000 List Date: 10/04/2023 Last Modified: 8/29/2025

Overview

Description

Over 10,500 Under Roof on 0.4 Acres with Road Frontage on KY 32 and Sun Street. 8 Residential Rentals and 2 Commercial Storefronts and Large Storage Area in Rear or Additional Rental. 5 - One Bedroom Apartments 3 - Three Bedroom Units (Two have 2 Baths) 2 - Commercial Spaces (Share One Restroom) 1 - Large Warehouse Area behind Commercial Spaces Current Commercial Spaces are not leased and will be additional income. Current Rental rates are low for Morehead area and can be increased. Commercial Real Estate in Morehead, KY rarely comes available, so do not miss this Unique Opportunity.

Listing Details MLS# 23019277

Listing Information

Comp Sale YN
No
Property Sub Type
Apartment

Status Change Information

Status Change Timestamp
2024-11-09
Purchase Contract Date
2024-08-13
Close Date
2024-11-01
Close Price
750000
Buyer Financing
Conventional
Sale Type
Arms Length Sale
Concessions Comments
No

Address

County
Rowan
Street Number
145
Street Name
Fleminsburg
Street Suffix
Road
State
KY
Zip Code
40351
Directions
KY 32 next to Fire Station and Across street from former Rowan county middle school.
Parcel Number
080-20 13 001.00

Contract

Original List Price
849900
Start Showing Date
2023-10-04
Listing Contract Date
2023-10-04
Listing Agreement
Exclusive Right To Sell
Occupant Type
Tenant
Office Exclusive YN
No
List Price/Acre
2124750
List Price/SqFt
80.94
Sold Price/Acre
1875000
Sold Price/SqFt
71.43
SP/LP
0.88

Tax Legal

MLS Area Major
061 - Rowan County
Subdivision Name
City Limits

Interior

Bedrooms Total
14
Bathrooms Total
5
Bathrooms Full
5
Living Area
10500

More Information

Parking Information

Parking Total
20

Building

Year Built
9999
Stories Total
2

Lot

Lot Size Acres
0.4
Lot Size Square Feet
17424
Road Frontage Feet
140

Utilities

Cooling YN
Yes
Heating YN
Yes
Electricity Connected
Yes
Natural Gas Connected
Yes
Sewer Connected
Yes
Water Connected
Yes

Remarks

Public Remarks
Over 10,500 Under Roof on 0.4 Acres with Road Frontage on KY 32 and Sun Street. 8 Residential Rentals and 2 Commercial Storefronts and Large Storage Area in Rear or Additional Rental. 5 - One Bedroom Apartments 3 - Three Bedroom Units (Two have 2 Baths) 2 - Commercial Spaces (Share One Restroom) 1 - Large Warehouse Area behind Commercial Spaces Current Commercial Spaces are not leased and will be additional income. Current Rental rates are low for Morehead area and can be increased. Commercial Real Estate in Morehead, KY rarely comes available, so do not miss this Unique Opportunity.

Showing Information

Showing Instructions
24 Hour Notice on Residential Units

Tax & Legal

Middle Or Junior School
Rowan Co
High School
Rowan Co
Tax Rate
1.248
Zoning Description
B 2

Association/Community

Number Of Buildings
2
Number Of Units Total
10

Cooling

Electric
Yes
Other
Yes

Heating

Electric
Yes
Forced Air
Yes
Natural Gas
Yes
Other
Yes

Listing Terms

Conventional
Yes

Possession

Close Of Escrow
Yes
Rental Agreement
Yes

Roof

Membrane
Yes
Metal
Yes

Special Listing Conditions

Standard
Yes

Structure Type

Multi Family
Yes
Other
Yes

Property Features

Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Cooling: Electric; Other Heating: Electric; Forced Air; Natural Gas; Other Listing Terms: Conventional Possession: Close Of Escrow; Rental Agreement Roof: Membrane; Metal Special Listing Conditions: Standard Structure Type: Multi Family; Other
Listing Office: C Roger Lewis Agency
Last Updated: August - 29 - 2025
Information deemed reliable but not guaranteed.
Search powered by FBS Products