28800 US 32, South Shore, KY 41175

$708,880
Property Type: Residential Income Lot Size (sq. ft.): 226,948 Status: Closed
Current Price: $708,880 List Date: 11/23/2020 Last Modified: 8/26/2025

Overview

Description

Section 42, LIHTC with extended agreement in place. Investment opportunity with lower than market rents. 18 Unit Townhomes with 12-2/1.5 and 6-3/1.5. Each unit has 1000+ Sq/Ft with washer/dryer hookups, outside concrete patio and enclosed storage area. Office area and playground on location. Great location and just 6 miles to Portsmouth, Southern Ohio Medical Center (222 beds) and Shawnee State University. Location near the Ohio River makes the location desirable to industries. This property connects to the local Elementary school and just across the road is the Middle School.

Listing Details MLS# 20024250

Status Change Information

Status Change Timestamp
2020-12-11
Purchase Contract Date
2020-10-07
Close Date
2020-12-10
Close Price
708880
Buyer Financing
Conventional
Sale Type
Arms Length Sale
Concessions Comments
N/A

Address

County
Greenup
Street Number
28800
Street Name
US 32
State
KY
Zip Code
41175
Directions
I-64 E from Flemingsburg Rd, Follow I-64 E to KY-67 N/Industrial Pkwy in Rush. Exit 179 from I-64 East, approx 42 miles. Follow KY-67 N/Industrial Pkwy and US-23 N.

Contract

Original List Price
850000
Start Showing Date
2020-09-30
Listing Contract Date
2020-09-30
Listing Agreement
Exclusive Right To Sell
Office Exclusive YN
No
List Price/Acre
163147.79
Sold Price/Acre
136061.42
SP/LP
0.83

Tax Legal

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

Building

Year Built
1997

Lot

Lot Size Acres
5.21
Lot Size Square Feet
226947.81

More Information

Remarks

Public Remarks
Section 42, LIHTC with extended agreement in place. Investment opportunity with lower than market rents. 18 Unit Townhomes with 12-2/1.5 and 6-3/1.5. Each unit has 1000+ Sq/Ft with washer/dryer hookups, outside concrete patio and enclosed storage area. Office area and playground on location. Great location and just 6 miles to Portsmouth, Southern Ohio Medical Center (222 beds) and Shawnee State University. Location near the Ohio River makes the location desirable to industries. This property connects to the local Elementary school and just across the road is the Middle School.

Tax & Legal

Zoning Description
Commercial

Interior

Bathrooms Half
0
Listing Office: Lifstyl Real Estate
Last Updated: August - 26 - 2025
Information deemed reliable but not guaranteed.