73
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$699,900
Est. payment /mo
3 Beds
2 Baths
1,831 SqFt
Price Dropped by $25K
722 Claybrooke Ln Springfield, KY 40069
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Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,831 sqft
Price per Sqft $382
MLS Listing ID 1731130
Style Ranch
Bedrooms 3
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 1,831
Year Built 1985
Lot Size 15.980 Acres
Acres 15.98
Property Sub-Type Single Family Residence
Source APEX MLS (Greater Louisville Association of REALTORS®)
Land Area 1831
Property Description
RARE 15.98-ACRE INCOME-PRODUCING PROPERTY WITH 4 RESIDENTIAL STRUCTURES, 3 BARNS/OUTBUILDINGS & SIGNIFICANT UPSIDE! Opportunities like this are hard to find! Situated on approximately 15.98 acres along Claybrooke Ln in Springfield, this unique property combines a primary brick residence, multiple rental dwellings, established rental income, additional income potential, and ample acreage. The main home is a 3-bedroom, 2-bath brick residence featuring walk-out unfinished basement, full bathroom in the basement, and a wood-burning fireplace. The property also includes three additional residential structures, creating exceptional flexibility for investors, multi-generational living, or an owner-occupant looking to generate rental income. The second residence is a 2-bedroom, 2-full-bath trailer with a versatile flex space that could serve as an office, craft room, or additional living space. It is currently being rented for $1,100 per month. The third residence is another 2-bedroom, 2-bath trailer, currently rented for $1,200/month. The fourth structure offers a kitchen, full bathroom, and two potential bedrooms, and is currently rented for $825/month. The existing rental income is currently $4,325/month, or approximately $51,900 annually. Adding more versatility to the property are three barns/outbuildings, providing valuable storage, workspace, agricultural, hobby, or other potential uses. This property offers an uncommon combination of nearly 16 acres, multiple residential structures, existing cash flow, additional rental upside, a substantial primary residence, and multiple barns/outbuildings. Investors can capitalize on the existing rental income and potential for increased cash flow, while families and multi-generational buyers can take advantage of the multiple living spaces and acreage. Live in the main home, generate rental income from the additional residences, or explore the many possibilities this unique property presents. With four residential structures and nearly 16 acres, this is a property that offers flexibility, income, and opportunity rarely found in one package. Bring your vision and take advantage of this exceptional investment opportunity!
Location
State KY
County Washington
Direction Hwy 150 E to KY 152 E to Claybrooke Ln
Rooms
Basement Walkout Unfinished
Interior
Heating Heat Pump
Cooling Heat Pump
Fireplace No
Exterior
Parking Features None
View Y/N No
Roof Type Shingle
Porch Deck
Garage No
Building
Story 1
Foundation Poured Concrete
Sewer None
Water Public
Architectural Style Ranch
Structure Type Brick
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Listed by Aspire Real Estate Group
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