Raya Rivera

← All Lexington homes

$299,000

509 Bourne Avenue, Somerset, KY 42501

Somerset, KY, 42501

3 beds · 2.5 baths · 2,508 sqft · Active

Property details

Price
$299,000
Beds
3
Baths
2.5
Living area
2,508 sqft
Year built
9999
Lot size
21,780 sqft
Subdivision
Downtown
MLS #
26024894
Status
Active

About this home

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.

Location

509 Bourne Avenue, Somerset, KY 42501

Map (37.0853, -84.5996) — interactive map is P12

Similar Homes

See This Home in Person

Want a closer look? Send a few details and I'll set up a private showing at a time that works for you.

Courtesy of Tod Bertram, Weichert Realtors Ford Brothers, Inc.