32 Mary St & 31 Hurley Street, Berea, KY 40403

$1,750,000
Property Type: Residential Income Bedrooms: 48 Baths: 32 Lot Size (sq. ft.): 56,628 Status: Closed
Current Price: $1,750,000 List Date: 9/09/2024 Last Modified: 8/29/2025

Overview

Description

Apartments consist of 3 buildings, with 2 addresses. There are 32 doors, with 16 being 2 BRs, and 16 being 1 BRs. Some have washer & dryer hookups. There is a building that has 3 washer and dryer hookups, that is currently used for storage. Apartments are located in Berea, off of Jefferson St, in between Mary St & Hurley St.

Listing Details MLS# 24012275

Listing Information

Comp Sale YN
No
Property Sub Type
Apartment

Status Change Information

Status Change Timestamp
2024-10-29
Purchase Contract Date
2024-09-25
Close Date
2024-10-28
Close Price
1750000
Buyer Financing
Conventional
Sale Type
Arms Length Sale
Concessions Comments
No

Address

County
Madison
Street Number
32
Street Name
Mary St & 31 Hurley
Street Suffix
Street
State
KY
Zip Code
40403
Directions
From I-75, take Exit 76, head towards town. Turn left at first light (Jefferson St). Both Mary and Hurley Streets are on the left.
Parcel Number
B001-0007-0014

Contract

Original List Price
2200000
Start Showing Date
2024-06-15
Listing Contract Date
2024-06-15
Listing Agreement
Exclusive Right To Sell
Occupant Type
Tenant
Office Exclusive YN
No
List Price/Acre
1692307.69
Sold Price/Acre
1346153.85
SP/LP
0.8

Tax Legal

MLS Area Major
008 - Madison County
Subdivision Name
Downtown
High School District
Berea Independent

Interior

Bedrooms Total
48
Bathrooms Total
32
Bathrooms Full
32

More Information

Parking Information

Parking Total
35

Building

Year Built
1970
Stories Total
2

Lot

Lot Size Acres
1.3
Lot Size Square Feet
56628

Utilities

Cooling YN
Yes
Heating YN
Yes

Remarks

Public Remarks
Apartments consist of 3 buildings, with 2 addresses. There are 32 doors, with 16 being 2 BRs, and 16 being 1 BRs. Some have washer & dryer hookups. There is a building that has 3 washer and dryer hookups, that is currently used for storage. Apartments are located in Berea, off of Jefferson St, in between Mary St & Hurley St.

Income and Expenses

Gross Scheduled Income
21000
Other Expense
4000
Other Expense Description
All utilities
Trash Expense
240

Unit Details

Number Of Units Vacant
5

Showing Information

Showing Instructions
There is a vacant apartment that can be seen.

Tax & Legal

Elementary School
Berea Community
Middle Or Junior School
Berea Community
High School
Berea Community
Tax Rate
0.014
Zoning Description
Multi-housing/Commercial

Association/Community

Number Of Buildings
3
Number Of Units Total
32

Association Amenities

Coin Laundry
Yes

Cooling

Electric
Yes
Heat Pump
Yes

Heating

Heat Pump
Yes
Natural Gas
Yes

Parking Features

Paved
Yes

Possession

Close Of Escrow
Yes

Roof

Composition
Yes

Special Listing Conditions

Standard
Yes

Structure Type

Multi Family
Yes

Property Features

Association Amenities: Coin Laundry Cooling: Electric; Heat Pump Heating: Heat Pump; Natural Gas Parking Features: Paved Possession: Close Of Escrow Roof: Composition Special Listing Conditions: Standard Structure Type: Multi Family
Listing Office: Keller Williams Legacy Group
Last Updated: August - 29 - 2025
Information deemed reliable but not guaranteed.
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