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1213 W Reservoir Ave Central City, KY 42330

Under Contract
For Sale
$1,200,000

Multi-Family - Central City, KY

Type:Multi Family
Lot size:
1.90 Acres
Days on Market:
209
Last Refresh:
Dec 8 at 5:06 am

Property Features for 1213 W Reservoir Ave

General Information

Property type
Residential Multi Family
Property subtype
Multi Family
Standard status
Active Under Contract
APN
n/a
Lot size
1.90 Acres

Building Details

Year built
1977
Number of units
27
Architectural style
Other

Keller Williams First Choice Realty (270) 782-1811 [email protected]

Listing agent Jason Humble (270) 782-1811 License #216802

Listing date May 14, 2025

MLS# RA20251420 Listing URL

Copyright © 2025 REALTOR® Association of Southern Kentucky, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Central City Multifamily Investment Property

This multifamily property in Central City, Kentucky, features 27 units situated on approximately 1.9 acres. The property was renovated approximately 6 years ago, including exterior painting and replacement of a majority of the PTAC heat and air units. A coin laundry is located on site, providing additional revenue. The property generates approximately $174,000 gross annually. Tenants are responsible for electric, while the owners cover water, sewer, and trash expenses. One roof has been fully replaced. The property maintains a consistent rental history with units staying rented.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Central City
County
Muhlenberg
State
Kentucky
Longitude
-87.1387998
Latitude
37.2816028

FAQs

What type of property is this?
Apartment building - 27-unit multifamily property generating approximately $174,000 gross annually.
Where is this apartment building located?
The property is located at 1213 W Reservoir Ave Central City, KY.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: - High cash flowing investment property: Generates approximately $174,000 gross annually.; - 27 Units on Approximately 1.9 Acres: Substantial property size with multiple income streams.; - Renovated Approximately 6 Years Ago: Modernized units attract tenants and reduce maintenance.
More about this property
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