For Sale
$270,000

1352 Lake Jericho RdSmithfield, KY 40068

1.08 Acres, Multifamily Rental Potential

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional mixed-use property, located at 1352 Lake Jericho Rd in Smithfield, Kentucky, presents a unique investment opportunity. Situated on 1.088 acres with 506.60 feet of road frontage (survey available), this property boasts a 1,754 square foot, one-story home built in 1950 and renovated in 2010. The main house features a charming front porch, 2-3 bedrooms, 2 full bathrooms, and 2 family rooms. A remodeled kitchen opens to the family room. The lower level, accessible via a walk-up entrance with a full roof, includes a laundry room, a third bedroom, and a second family room. County restrictions only apply to the zoning, making it ideal for a variety of uses. A substantial outbuilding (1,582.2 sq ft) includes a full garage and three separate areas suitable for a shop, storage, or office space. Additional features include a dog run, partial fencing, and an improved septic system. The property is currently occupied, with the tenant vacating November 8th. Interior photos will be available after this date. An appraisal sketch, survey, exterior photos, and seller disclosures are available for detailed review. This property offers convenient access to La Grange, Newcastle, Louisville, and Lexington. The property's total square footage is 1,709 sq ft (854.7 sq ft on the main floor and 854.7 sq ft in the walk-up lower level). The outbuilding adds another 1,582.2 sq ft, including a 695.04 sq ft garage. A covered lean-to and chain-link fenced dog run are also present. Utilities are to be verified by the buyer. The asking price is $270,000.

Highlights

  • $270,000 asking price for a mixed-use, multifamily property.
  • 1,754 square foot, single-story building built in 1950, renovated in 2010.
  • Located at 1352 Lake Jericho Rd, Smithfield, KY 40068, on a 1.088-acre lot with 506.60 feet of road frontage.
  • Features a main house with 2-3 bedrooms, 2 baths, and 2 family rooms, plus a 1,582.2 sq ft outbuilding with garage and flex space.
  • Currently occupied, tenant vacating November 8th.

Property Details for 1352 Lake Jericho Rd

Property type
Mixed-use properties, Residential income homes
Square Feet
1,754 SF
Year Built/Renovated
1950/2010
Stories
1

Location Insight

City
Smithfield
County
Henry
State
Kentucky
Latitude
38.434288029491
Longitude
-85.286982579395
1352 Lake Jericho Rd, Smithfield, Kentucky

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1352 Lake Jericho Rd
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