1201 E Fourth Street

London, KY
$ 234,900 Beds 0 Baths 0 Sq 2,500
Monthly Estimate* How much can I afford?

Great business opportunity for investment/rental income! This 50X50 building located just off Hwy 192 Bypass & inside London city limits offers good visibility & easy access to major highways. The building is currently divided into 3 approx. 500sf spaces at the front and an approx. 1000sf space at the rear. There is a central hallway that allows all four units access to two shared restrooms. Utilities are- KU electric, Delta gas, city water, sewer & trash. One HVAC unit, 2 window unit AC & one free standing AC as supplemental AC. One meter & owner pays utilities. The metal building is fully occupied with month to month tenants. There is enough room for future extension of the 50' building.

Commercial

  • Price
  • $ 234,900
  • Lot Size
  • 9,148 SqFt
  • Bedrooms
  • 0
  • Sqr Footage
  • 2,500
  • Full Bathrooms
  • 0
  • Year Built
  • 1993
  • Half Bathrooms
  • 0
  • City, Zip
  • London
  • County
  • LAUREL
  • Style
  • Mixed Use
  • Area
  • Laurel County
  • MLS#
  • 20105245
  • Zip
  • 40741
Listing Provided by: Sallie Davidson, REALTORS
Data Source: Lexington - Bluegrass Association of REALTORS

Features

General

# of Buildings 1
Board Loaded No
Construction Other
Electric Expense 3744
MLS Area Laurel County
Misc. Features Air Conditioning, Security Alarm, 100/200 Amp, Hot Water Heater
Other Expense (a) 780
Other Expense (b) 1400
Parking Features 11 - 20 Spaces, Paved, Gravel
Possession Negotiable
Property SubType Mixed Use
Property Type Comm/Prof/Ind
Region Areas
Roof Metal
Sewer Sewer Connected
Sub Lease Expiration Date 1800-01-01T00:00:00
Subdivision Name City Limits
Tax Rate $9.21 per $1000. (city & county)
Terms Cash
Utilities Electricity Connected, Natural Gas Connected, Water Connected
Water Sewer Expense 1500
Year Built 1993
Zoning Description C

Interior Features

Building Sf 2500
Ceiling Dropped
Floor Type Vinyl, Partially Carpeted
Living Area 2500.00
Stories One

Exterior Features

Bathrooms 0.00
Lot Depth 131
Lot Front Footage 69
Lot Size Acres 0.21
Lot Size Square Feet 9148.00
Lot Size Units Acres

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the London, KY office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

3/25/2021 Listed $234,900

Property vs Zip Code Average in 40741

Price
AVG $450K
$230K
Visits
AVG 47
5
Year Built
AVG 1983
1993
Walkscore
AVG 29
13
Data Provided by Walkscore ® not using MLS data

Map

1201 E Fourth Street London, KY is a Single Family Home for sale at $234900 with 2500 sqft and a lot size of 9,148 SqFt Acre(s). 1201 E Fourth Street London has 0 bedrooms, 0 baths and was built in 1993. The property's zip code is 40741 which is in London, KY

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.