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$364,900
643157 MLS
Discover an exceptional investment opportunity in the heart of Walton, Kentucky! This 10-unit multifamily property, featuring a mix of 7 two-bedroom and 3 one-bedroom apartments, is perfectly positioned on N Main Street. Structurally sound with plenty of parking! Residents will enjoy easy access to local amenities, schools, and the highway. This building has a rich history in the city of Walton, as it was formerly the Walton School, serving the Walton Independent School District! New meters, valves, and shut off were replaced in 2024. The gas line has also been replaced to the street. This property presents a significant value-add opportunity. Currently, the building has been fully gutted, offering a blank canvas for a visionary investor to redesign it how they envision. With 14-foot ceilings, there's potential to create unique and desirable living spaces, and a few units could possibly be converted into 3-bedroom units. With generous lot dimensions and flexible redevelopment potential, the site is ideal for investors seeking value-add multifamily, mixed-use possibilities, or a full-scale reimagining. Seize the opportunity to transform this property into a highly desirable multifamily community and unlock its full investment potential!

85 N Main Street, Walton

$305,000
4 Beds 2 Baths 629455 MLS
This fantastic duplex in Florence, KY is a great opportunity for both investors and homeowners! It features two spacious 2 bedroom, 1 bathroom units, each with its own private entrance and patio. One unit has been completely renovated as of January 2025 with brand new flooring, cabinets, countertops, appliances and fixtures throughout, and is ready for immediate occupancy. The second unit is currently occupied by a long-term tenant on a month-to-month lease, paying $1,000 per month. In addition to comfortable living spaces, each unit has its own basement providing ample storage and washer/dryer hookups. Tenants pay all utilities, making this a low-maintenance investment. Located in Florence, KY, this duplex offers convenient access to shopping, dining, entertainment, and major highways. Live in one unit and rent out the other, or rent out both units for excellent cash flow potential.

919 Virginia Avenue, Florence

$485,000
617256 MLS
Remarkable Opportunity! Alchemy Cove (Former Black Anchor Marina)- Frontage on River Road & Ohio River of APPROX 375 FT Allowing RIVER ACCESS! Sold for $735K in 2018! Zoned SR-1/SC (Suburban Residential 1 with Small Community Overlay District.) Fantastic 3.8 Acres w/ Ohio River Frontage including Main House, Cottage, Duplex, Mobile Home, Newer Boat Ramp & 12 Boat Slips. 3 residences are Tenant Occupied. Main House & Front Unit of Duplex are Currently Vacant. Close to Anderson Ferry/ Public Water/ Low County Tax Rate/+ MUCH MORE! Property has: Main House w/APPROX 1500 SQ FT, Full Basement w/ 2 Car Garage, 2-3 BDRMS , 1.5 Baths, + Massive Deck w/Phenomenal Ohio River Frontage. Duplex w/ APPROX 2000 SQ FT, w/ 1 BDRM Unit & 2 BDRM UNIT w/ Garage Located in Basement Area. Single Family Home w/ APPROX 900 SQ FT, 2 BDRMS & 1 Bath. Manufactured Home w/ River Frontage. 3 Barn Type Structures Which Historically Have Been Used for Boat Storage. Blacktop Drive Running From Front of Property to the Ohio River. Link to Zoning Usages: https://online.encodeplus.com/regs/boonecounty-ky/doc-viewer.aspx#secid-2342 RARE FIND! 24 HOUR NOTICE NEEDED

4114-4134 River Road, Hebron