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    202 S College Street Harrodsburg, KY 40330

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    For Sale
    $475,000

    COMMERCIAL - Harrodsburg, KY

    Property size:
    8,008 SF
    Lot size:
    0.19 Acres
    Price / SF:
    $59/SF
    Added:
    Feb 7, 2025
    Days on Market:
    449
    Last Refresh:
    May 2 at 7:06 pm

    Property Features for 202 S College Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking
    5
    Security features
    Security System
    Standard status
    Active
    APN
    100.60-09003.00
    Size
    8,008 SF
    Lot size
    0.19 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Hot Water(Heating), Steam, Natural Gas
    Cooling system
    Window Unit(s)

    Building Details

    Year built
    1910
    Floors in Building
    3
    Building materials
    Stucco
    Roof type
    Metal

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    Listing Contact
    Jared H Ervin

    Listing agent Jared H Ervin License #281154

    Listing office RM McGinnis, LLC Real Est & Auction Professionals 219 S Main St, Harrodsburg, KY

    Listing date Feb 7, 2025

    MLS# 26001844

    Copyright © 2026 ImagineMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


    Overview

    Harrodsburg 19-Unit Income Property

    This 8,000 square foot, 19-unit income property is located in downtown Harrodsburg. Originally constructed as a hospital, it was converted to apartments in the 1950s. The property has been under current ownership since 1996 and is being sold as-is with no seller financing available. The building is well-maintained and turnkey, featuring a new roof installed in 2024, along with updated plumbing and electrical systems. There is no known major deferred maintenance. The property has historically maintained approximately 90% occupancy with a reliable rent roll, primarily serving elderly tenants on Social Security, which provides a stable income stream. Heating is provided by a gas boiler, and cooling is managed with window A/C units. The electrical service is 300-amp. Street parking is available. Local property management options are available. The property's flexible layout allows for future improvements or redevelopment. The gross rent is approximately $8,900 per month.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Harrodsburg
    County
    Mercer
    State
    Kentucky
    Longitude
    -84.845711
    Latitude
    37.764292

    FAQs

    What type of property is this?
    Apartment building - 19-unit income property in downtown Harrodsburg generating $8,900 monthly.
    Where is this apartment building located?
    The property is located at 202 S College Street Harrodsburg, KY.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: Turnkey 19‑unit income property generating approximately $8,900 per month in gross rent.; New roof installed in 2024 and updated plumbing/electrical systems.; Historically high occupancy rate (~90%) with reliable rent roll from primarily elderly tenants.
    More about this property
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