722 Claybrooke Ln,Springfield, KY 40069
Springfield, KY 40069
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!
Details
| MLS # | 1731130 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1985 |
| Days On Site | 17 |
| Listing Provided By | Aspire Real Estate Group | James LeMaster |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,831 |
| Basement | Y |
| Story(s) | 1 |
| Acreage | 15.98 |
Area Information
| State | KY |
|---|---|
| County | Washington |
| City | Springfield |
| Zip Code | 40069 |
| Area | 18 Washington | Marion Counties |
| Listing VS Median (in 40069) | |
Price: $724,900 low | high Med: $339,950 sqft: 1,831 low | high Med: 1,552 $ / sqft: $396 low | high Med: $226 On site: 17 low | high Med: 46 | |
Market Activity 40069
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Learn More About This Property
| State | KY |
|---|---|
| County | Washington |
| City | Springfield |
| Zip Code | 40069 |
| Area | 18 Washington | Marion Counties |
| Listing VS Median (in 40069) | |
Price: $724,900 low | high Med: $339,950 sqft: 1,831 low | high Med: 1,552 $ / sqft: $396 low | high Med: $226 On site: 17 low | high Med: 46 | |
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