32 Mary St & 31 Hurley Street, Berea, KY 40403

$1,750,000
Property Type: Residential Income Bedrooms: 48 Baths: 32 Lot Size (sq. ft.): 56,628 Status: Closed
Current Price: $1,750,000 List Date: 9/09/2024 Last Modified: 10/13/2026

Overview

Description

Apartments consist of 3 buildings, with 2 addresses. There are 32 doors, with 16 being 2 BRs, and 16 being 1 BRs. Some have washer & dryer hookups. There is a building that has 3 washer and dryer hookups, that is currently used for storage. Apartments are located in Berea, off of Jefferson St, in between Mary St & Hurley St.

Listing Details MLS# 24012275

Listing Information

Property Sub Type
Apartment
Comp Sale YN
No

Status Change Information

StatusChangeDate
2024-10-29
Contract Acceptance Date
2024-09-25
Sold Date
2024-10-28
Buyer Financing
Conventional
Sale Type
Arms Length Sale

Address

County
Madison
Street #
32
Street
Mary St & 31 Hurley
St Suffix
Street
State/Province
KY
Zip Code
40403
Directions
From I-75, take Exit 76, head towards town. Turn left at first light (Jefferson St). Both Mary and Hurley Streets are on the left.
Parcel Number
B001-0007-0014

Contract

Original List Price
2200000
Start Showing Date
2024-06-15
Listing Price
2200000
Listing Agreement
Exclusive Right To Sell
Occupant Type
Tenant
Office Exclusive YN
No
List Price/Acre
1692307.69
Sold Price/Acre
1346153.85
SP/LP
0.8

Tax Legal

Area
008 - Madison County
Subdivision/Condo
Downtown
School District
Berea Independent

Interior

Total # Bedrooms
48
Total Bathrooms
32
Baths - Full
32

More Information

Parking Information

Parking Total
35

Building

Year Built
1970
Stories Total
2

Lot

Lot Size Acres
1.3
Lot Size Square Feet
56628

Utilities

Cooling YN
Yes
Heating YN
Yes

Remarks

Public Remarks
Apartments consist of 3 buildings, with 2 addresses. There are 32 doors, with 16 being 2 BRs, and 16 being 1 BRs. Some have washer & dryer hookups. There is a building that has 3 washer and dryer hookups, that is currently used for storage. Apartments are located in Berea, off of Jefferson St, in between Mary St & Hurley St.

Income and Expenses

Gross Scheduled Income
21000
Other Expense
4000
Other Expense Description
All utilities
Trash Expense
240

Unit Details

Number Of Units Vacant
5

Showing Information

Showing Instructions
There is a vacant apartment that can be seen.

Tax & Legal

Tax Rate
0.014
Zoning Description
Multi-housing/Commercial

Association/Community

Number Of Buildings
3
Number Of Units Total
32

Parking Features

Paved
Yes

Property Features

Association Amenities: Coin Laundry Cooling: Electric; Heat Pump Heating: Natural Gas Possession: Close Of Escrow Roof: Composition Special Listing Conditions: Standard Structure Type: Multi Family
Listing Office: Keller Williams Legacy Group
Last Updated: October - 13 - 2026
Information deemed reliable but not guaranteed.