$159,000
$199,900
20.5%For more information regarding the value of a property, please contact us for a free consultation.
1014 Siler Hill Road Corbin, KY 40701
4 Beds
4 Baths
0.75 Acres Lot
Key Details
Sold Price $159,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Rural
MLS Listing ID 24021857
Sold Date 06/13/25
Bedrooms 4
Full Baths 4
Lot Size 0.750 Acres
Property Description
Discover an exceptional investment opportunity with these two well-maintained duplexes, 4 total rental units perfectly situated on 0.75 acres. Each unit is currently rented long-term for $575 per month, boasting a remarkable 0% vacancy rate. This property offers not only consistent cash flow but also tremendous potential for short-term rentals, catering to the thriving tourism market in the area. Property highlights include a spacious 1,600 sq ft detached garage, perfect for storage or additional rental opportunities, ideal location at just 2 min to The Mint Gaming Hall Cumberland Run and 9 min to the hospital, I-75, shopping, restaurants, and the Corbin Arena; stable long-term rental income with possibility of short-term rental conversion, maximizing profitability. The property combines the benefits of a solid rental income with the versatility of location, making it a prime choice for savvy investors.
Location
State KY
County Knox
Interior
Heating Baseboard
Cooling None
Exterior
Parking Features Open, On Site, Gravel
View Y/N N
Roof Type Shingle
Handicap Access No
Private Pool No
Building
New Construction No
Schools
School District Knox County - 67
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