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Sold for $450,000
  • $450,000

    211 Arbor Ln, Campbellsville, KY 42718

    11beds
    4,500sqft
    MultiFamily
    Built in ----
    -- sqft lot
    $408,300 Zestimate®
    $100/sqft
    $1,045 Estimated rent

    Home value

    $408,300

    $363,000 - $457,000

    $1,045/mo

    Zestimate® history
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    What's special

    Exceptional Investment Opportunity: Prime 5-Plex Building Near Campbellsville University Address: 211-219 Arbor Lane, Campbellsville, KY 42718 Overview: Seize this rare chance to own a lucrative multi-family property in one of the most desirable locations in town. This meticulously maintained 5-plex, encompassing 4,500 sq ft and sits on a generous .80-acre corner lot with abundant yard frontage. With its prime location just one mile from Walmart Super Center, a cinema, an array of restaurants, Veteran's Memorial Park, and Taylor County High School—and only a short distance from Campbellsville University—this property is a standout investment in a thriving area. Property Details: •Building Type: Multi-family 5-plex •Total Square Footage: 4,500 sq ft •Lot Size: .80 acres •Units: 4 two-bedroom apartments and 1 three-bedroom apartment •Occupancy: Fully rented, generating immediate rental income Recent Upgrades and Features: •New Metal Roof: Installed for long-lasting durability and low maintenance. •New Appliances: Each unit features modern, energy-efficient appliances that appeal to today’s tenants. •Recent HVAC Units: Updated systems ensure comfort and energy efficiency. •Storage Building: Convenient extra space for tenant use or property management. •Garden Spot: A dedicated garden area perfect for tenants or community activities. •Parking Lot: Ample parking space for all tenants enhances property appeal. Prime Location Benefits: •Proximity to Campbellsville University: Attract students, faculty, and university staff with this conveniently located property. •Near Major Amenities: Just 1 block from Walmart Super Center for grocery shopping and essential services. •Entertainment and Dining: Close to a cinema and numerous restaurants, offering tenants diverse dining and entertainment options. •Recreational Spaces: Adjacent to Veteran’s Memorial Park, providing green space for leisure and outdoor activities. •Education Hub: One mile to Taylor County High School, making it ideal for families. Why Invest? •Strong Rental Income: With all units currently leased, this property provides a stable and immediate source of rental income. •High Demand Location: The proximity to Campbellsville University and local amenities ensures consistent tenant demand and minimal vacancy rates. •Turnkey Investment: Recent upgrades and ongoing maintenance mean reduced future expenses and a hassle-free ownership experience. •Future Growth Potential: As the area continues to develop, your investment stands to appreciate, delivering long-term financial benefits. Additional Information: This 5-plex offers a compelling investment opportunity in a prime, high-demand location. Don’t miss your chance to acquire a property with strong rental yields and significant future potential.  For more information or to schedule a private tour, please contact: Neal Bradshaw 270-789-9536 Denise Bradshaw 270-849-5696 Act now to secure this high-return, hassle-free investment opportunity near Campbellsville University!

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 11
    • Bathrooms: 5
    • Full bathrooms: 5
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Basement: Finished
    Interior area
    • Total interior livable area: 4,500 sqft

    Property

    Lot
    • Size: 0.8 Acres
    Details
    • Parcel number: 34C0207

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Metal

    Community & HOA

    Location
    • Region: Campbellsville

    Financial & listing details

    • Price per square foot: $100/sqft
    • Tax assessed value: $240,000
    • Annual tax amount: $2,356

    Price history

    DateEventPrice
    9/30/2024Sold$450,000-14.3%$100/sqft
    Source: Public Record Report a problem
    8/15/2024Pending sale$525,000$117/sqft
    Source: Owner Report a problem
    8/13/2024Listed for sale$525,000$117/sqft
    Source: Owner Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$2,356 -3.4%$240,000
    2023$2,440 +36.2%$240,000 +38.3%
    2022$1,791 +0.4%$173,500
    2021$1,784 -2.2%$173,500
    2020$1,824 -0.2%$173,500
    2019$1,828 +1.8%$173,500
    2018$1,796 +2.2%$173,500
    2017$1,757 +2.5%$173,500
    2016$1,714 +0.5%$173,500
    2015$1,706 +2.2%$173,500
    2014$1,669 $173,500
    Find assessor info on the county website

    Neighborhood: 42718

    Nearby schools

    GreatSchools rating
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