202 S College St, Harrodsburg, KY 40330

Property Description

Back on Market - Motivated Seller! 19-Unit Income Property in Downtown Harrodsburg Approx. 8,000 sq ft income-producing building generating around $8,900 per month in gross rent. Originally constructed as a hospital and converted to apartments in the 1950s; current ownership since 1996. Well maintained and turnkey: new roof 2024, updated plumbing/electrical, no known major deferred maintenance. Historically ~90% occupancy with reliable rent roll; primarily elderly tenants on Social Security for stable income. Gas boiler heat, window A/C units, 300-amp electrical service, street parking available. Local property management available. Flexible layout for future improvements or redevelopment. Sold as-is. No seller financing. Seller needs clean exit. Previously under contract for most of its listing period — now available again.