509 Bourne Ave, Somerset, KY 42501

$299,000
3
BD
3
BA
2,508
SqFt

Show Photos

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

List Price
$299,000
MLS#
26024894
Status
ACTIVE
Type
Single Family Residential
Subtype
Single Family Residence
Bedrooms
3
Bathrooms
3
Full Baths
2
Half Baths
1
Living Area
2,508
Lot Size
21,780

Property Description

Turnkey Income Property in Somerset - Currently Generating $4,000/Month! Don't miss this incredible investment opportunity at 509 Bourne Avenue! Currently operating as a successful boarding house, this property has provided the current owner with excellent rental income and is ready for a new investor to step right in. The home features 3 bedrooms, 2.5 bathrooms, and 2 versatile bonus rooms—perfect for maximizing rental potential or additional living space. You'll also find a spacious living room, functional kitchen, convenient utility room, and a detached garage for extra storage or parking. Recent updates include flooring throughout the main living areas and a brand-new roof installed in 2023, offering peace of mind and reduced maintenance costs for years to come. Whether you're an experienced investor looking to add a proven income producer to your portfolio, or you're interested in converting this versatile layout to suit your own needs, this property checks all the boxes.

Additional Information

Year Built
9999
Appliances
Dishwasher, Refrigerator, Range
Sewer
Public Sewer
Foundation
Slab
Flooring
Laminate, Tile
Heating
Natural Gas
Interior Features
Ceiling Fans
Elementary School
Hopkins
Middle School
Meece
High School
Somerset
Water
Public
Roof
Composition
Subdivision
Downtown

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Weichert Realtors Ford Brothers, Inc..