110 E Street, Flatwoods, KY 41139

$1,540,000
Property Type: Residential Income Lot Size (sq. ft.): 174,240 Status: Closed
Current Price: $1,540,000 List Date: 9/15/2020 Last Modified: 8/26/2025

Overview

Description

Income producing property with lower than market rent. 32 Unit Townhomes - 22-2/1.5 bath, 2-2/1.5 single story handicap , 8-3/1.5 bath. Each unit has 1000+ Sq/Ft with washer/dryer hookups, outside concrete patio and enclosed storage area. Extremely nice and quiet setting with trees surrounding the complex. No vacancies with stable tenants, approx a third of the occupants 4+ years. New roof 2019. Parking lot sealed and striped in 2018. Office area and playground on location. On site management 2 days/per week that may be willing to stay on for new owners. Market and voucher units. Great location just off Route 23. Located just 8 miles from both Kings Daughters Hospital and Ashland Community & Technical College, 17 Miles from Huntington Airport, 5 miles to Ohio University Southern Campus, 16 miles from Catlettsburg refinery which has 700+ employees. Extended LIHTC, Section 42.Call Listing Agent for more details

Listing Details MLS# 20019142

Status Change Information

Price Change Timestamp
2020-11-25T17:14:07Z
Status Change Timestamp
2020-11-25
Purchase Contract Date
2020-10-09
Close Date
2020-11-25
Close Price
1540000
Buyer Financing
Conventional
Sale Type
Arms Length Sale
Concessions Comments
n/a

Address

County
Greenup
Street Number
110
Street Name
E Street
State
KY
Zip Code
41139
Directions
I-64 East(From Lexington)approx 40 miles. Exit 179 for Ky-67 Industrial Pkwy toward Wurtland/Greenup. Rt Ky 207 towards Argillite/Flatwoods, Rt on Ky 207 N/Argillite Rd, Rt on Ky-207 N/Ky 503, Rt on Bellefonte Rd, Lt on Argillite Rd, Lt on Walnut St.

Contract

Original List Price
1700000
Start Showing Date
2020-09-18
Listing Contract Date
2020-09-15
Listing Agreement
Exclusive Right To Sell
Office Exclusive YN
No
List Price/Acre
425000
Sold Price/Acre
385000
SP/LP
0.91

Tax Legal

MLS Area Major
079 - Greenup County
Subdivision Name
Commercial
High School District
Greenup County - 79

Parking Information

Parking Total
56

Building

Year Built
1999

More Information

Lot

Lot Size Acres
4
Lot Size Square Feet
174240.16

Utilities

Cooling YN
Yes
Heating YN
Yes
Electricity Connected
Yes

Remarks

Public Remarks
Income producing property with lower than market rent. 32 Unit Townhomes - 22-2/1.5 bath, 2-2/1.5 single story handicap , 8-3/1.5 bath. Each unit has 1000+ Sq/Ft with washer/dryer hookups, outside concrete patio and enclosed storage area. Extremely nice and quiet setting with trees surrounding the complex. No vacancies with stable tenants, approx a third of the occupants 4+ years. New roof 2019. Parking lot sealed and striped in 2018. Office area and playground on location. On site management 2 days/per week that may be willing to stay on for new owners. Market and voucher units. Great location just off Route 23. Located just 8 miles from both Kings Daughters Hospital and Ashland Community & Technical College, 17 Miles from Huntington Airport, 5 miles to Ohio University Southern Campus, 16 miles from Catlettsburg refinery which has 700+ employees. Extended LIHTC, Section 42.Call Listing Agent for more details

Building and Property Details

Building Expansion Potential YN
No
Lot Expansion Potential YN
No
Age of Roof
2019

Income and Expenses

Vacancy Allowance Rate
3

Unit Details

Number Of Units Vacant
Yes

Showing Information

Showing Instructions
Call Listing agent at 606-356-8518

Tax & Legal

Elementary School
Russell
Middle Or Junior School
Russell Middle
High School
Russell
Zoning Description
Commercial

Association/Community

Number Of Buildings
1
Number Of Units Total
32

Interior

Bathrooms Half
0

Association Amenities

Playground
Yes

Cooling

Electric
Yes
Heat Pump
Yes

Heating

Electric
Yes
Heat Pump
Yes

Parking Features

On Site
Yes
Paved
Yes

Possession

Negotiable
Yes

Roof

Shingle
Yes

Security Features

Fire Sprinkler System
Yes

Special Listing Conditions

Standard
Yes

Documents

Amendments
Yes

Property Features

Utilities: Electricity Connected; Electricity Connected Association Amenities: Playground Cooling: Electric; Heat Pump Heating: Electric; Heat Pump Parking Features: On Site; Paved Possession: Negotiable Roof: Shingle Security Features: Fire Sprinkler System Special Listing Conditions: Standard Documents: Amendments
Listing Office: Lifstyl Real Estate
Last Updated: August - 26 - 2025
Information deemed reliable but not guaranteed.