5646 New Drive, Melbourne, KY 41059

$975,000
: 3
BD
: 2
BA
: 1,400
SqFt

Add to Favorites New Search

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Add to Favorites

List Price: $975,000
MLS#: 641204
Status: ACTIVE
County: Campbell
City: Melbourne
Bedrooms: 3
Bathrooms: 2
Living Area: 1,400
Acres: 23.30

New Search

Property Description

BACK ON MARKET - DON'T MISS YOUR CHANCE THIS TIME: WELCOME TO MARTZ COTTAGES ON THE RIVER.... located just past Pendery Park in Melbourne Ky...sitting on 23.3 acres of prime investment- Has been family managed for over 40+years with some tenants residing over 20 years. This is a Diamond in the Rough. Well managed and shows a great investment but could be Much- Much-Much More...with some expanding of facilities; there is room to add more cottages & RV Lots- 10acres of River front could be utilized as well. All cottages and RV/Mobile Home lots. are rented at this time & require notice to view- All sites are tied to Public Water & have septic. Please contact listing agent to set appts. This Mobile Home is in excellent Condition and sits on an amazing site within '' Martz Cottages '' Great way to add income, this home has not been part of rental but lived in by Seller's parent. Now being offered as part of Cottage Investment. The front porch offers a view of the entire community with great yard space, a large two car detached garage and storage shed. The home offers Cathedral ceilings, large rooms and move in ready decor. Laundry offers a walkout to rear yard. Electric HVAC. This unique opportunity could be used as your investment expands. You can live in and use as your Office/ Home or add to your Rental Income. The Mobile home has a separate Title and is being transferred as part of the 23 acre Cottage Investment - Is NOT being sold separately. See Commercial listing for Martz Cottages MLS#641207 at 4068 Fry Street, Melbourne, KY

(859) 647-0700

Search All Properties

Additional Information