240 E Main St, Mt Vernon, KY 40456

$348,000
8
BD
5
BA
5,317
SqFt

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Sold Price
$348,000
List Price
$399,900
Status
CLOSED
Days on Market
172
Closing Date
Apr 21, 2026
MLS#
25501961
Subtype
Residential Income
Year Built
1976
Bedrooms
8
Bathrooms
5
Full Baths
5
Living Area
5,317
Lot Size
15,246
Acres
0.35
Subdivision
Downtown
Neighborhood
022 - Rockcastle County
MLS Area Major
022 - Rockcastle County

Property Description

Prime Rental Investment Opportunity in the Heart of Mount Vernon Looking for a lucrative investment in a prime location? This 5-unit apartment complex being completely rented and located on Main Street in the heart of Mount Vernon is a rare find! Property Features: 3 Units consists of 1 Bedroom, 1 Bath 1 Unit consists of 2 Bedrooms, 1 Bath 1 Unit offers 3 Bedrooms, 1 Bath A Full basement, with potential to convert into a large apartment or office space for added income. Updated Central heat and air units, plus City water and sewer services provide convenience and reliability. A large, completely fenced-in backyard, perfect for tenants seeking outdoor space. A spacious blacktop parking lot offers ample parking for all residents. Prime Location: Situated on Main Street, this property is in the heart of town, offering tenants easy access to local shops, restaurants, and amenities. This desirable location ensures low vacancy rates and steady rental income. With its versatility, prime location, and untapped potential in the basement, this property is a fantastic opportunity for seasoned investors or those just starting their real estate journ

Additional Information

Heating
Heat Pump
Air Conditioning
Heat Pump
Roof
Shingle
Parking Features
On Site, Paved
School District
Rockcastle County - 22
Elementary School
Mt. Vernon
Middle School
Rockcastle Co
High School
Rockcastle Co

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Calculator source: Real Geeks

Listing courtesy of M Matthew Silcox of WEICHERT REALTORS - Ford Brothers.

Selling Office: .