509 Bourne Ave, Somerset, KY 42501

$299,000
3
BD
3
BA
2,508
SqFt

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List Price
$299,000
Status
ACTIVE
Days on Market
8
MLS#
26024894
Subtype
Residential
Style
Ranch
Year Built
9999
Bedrooms
3
Bathrooms
3
Full Baths
2
Half Baths
1
Living Area
2,508
Lot Size
21,780
Acres
0.50
Subdivision
Downtown
Neighborhood
909 - Somerset City, Pulaski County
MLS Area Major
909 - Somerset City, Pulaski County

Property Description

Turnkey Income Property in Somerset - Currently Generating $4,000/Month! Don't miss this incredible investment opportunity at 509 Bourne Avenue! Currently operating as a successful boarding house, this property has provided the current owner with excellent rental income and is ready for a new investor to step right in. The home features 3 bedrooms, 2.5 bathrooms, and 2 versatile bonus rooms—perfect for maximizing rental potential or additional living space. You'll also find a spacious living room, functional kitchen, convenient utility room, and a detached garage for extra storage or parking. Recent updates include flooring throughout the main living areas and a brand-new roof installed in 2023, offering peace of mind and reduced maintenance costs for years to come. Whether you're an experienced investor looking to add a proven income producer to your portfolio, or you're interested in converting this versatile layout to suit your own needs, this property checks all the boxes.

Additional Information

Interior Features
Ceiling Fans
Property Description
Ranch
Flooring
Laminate, Tile
Appliances
Dishwasher, Refrigerator, Range
Heating
Natural Gas
Air Conditioning
Heat Pump
Levels
One
Roof
Composition
Foundation
Slab
Parking Features
Detached, Driveway, Garage Faces Front
Garage Spaces
2
School District
Somerset Independent
Elementary School
Hopkins
Middle School
Meece
High School
Somerset

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Tod Bertram of Weichert Realtors Ford Brothers, Inc..