209 S 1st Street, Nicholasville, KY 40356
Local realty services provided by:ERA Select Real Estate
209 S 1st Street,Nicholasville, KY 40356
$224,900
- 3 Beds
- 3 Baths
- 2,941 sq. ft.
- Multi-family
- Active
Listed by: randi mjos
Office: building the bluegrass realty
MLS#:26018793
Source:KY_LBAR
Price summary
- Price:$224,900
- Price per sq. ft.:$76.47
About this home
Investment opportunity in the heart of downtown Nicholasville! This income-producing triplex at 209 South 1st Street offers an excellent chance to start or expand your investment portfolio. All three units are currently occupied by month-to-month tenants, providing immediate rental income with future flexibility for the next owner. *Additional photos coming soon.* Professionally managed for the past two years, the property has been consistently maintained and presents a solid foundation for an investor looking to add value. While the property could benefit from some TLC and cosmetic updates, it is priced accordingly and offers significant upside potential. Even better, this property is listed well below its current appraised value, making it an exceptional opportunity for investors seeking equity from day one. Whether you're looking for a long-term hold, value-add project, or addition to an existing rental portfolio, this downtown location offers a consistent rental base due to convenience to shopping, dining, parks, and major commuter routes. Don't miss this chance to own a cash-flowing multifamily property with immediate income, upside potential, and attractive pricing. Inspections welcome, property being sold "AS IS." Cash & conventional offers preferred. Listing agent has familial relationship with personal representative of the estate....
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Home facts
- Year built:1791
- Listing ID #:26018793
- Added:1 day(s) ago
- Updated:July 20, 2026 at 02:46 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
- Full bathrooms:3
- Living area:2,941 sq. ft.
Heating and cooling
- Cooling:Heat Pump
- Heating:Heat Pump
Structure and exterior
- Year built:1791
- Building area:2,941 sq. ft.
- Lot area:0.2 Acres
Schools
- High school:West Jess HS
- Middle school:West Jessamine Middle School
- Elementary school:Nicholasville
Finances and disclosures
- Price:$224,900
- Price per sq. ft.:$76.47
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