About This Home
This 3-bedroom, 1-bathroom single family at 20 Pickle Lane in Morehead, KY is listed for $2,250,000 ($1,875 per sqft). Built in 2021, the home offers 1,200 sqft of living space on a 5.00 acres lot.
Key Features
- Built in 2021
- 5.00 acre lot
Property Details
Amenities
Exceptional investment opportunity featuring 14 fully leased single-family residences situated on 5 acres in a convenient location near I-64 and Cave Run Lake. All 14 homes were built in 2021, offering a newer residential rental portfolio with established tenants already in place.
The property consists of five 3-bedroom, 2-bath homes with approximately 1,200 sq ft each; six 2-bedroom, 2-bath homes with approximately 900 sq ft each; and three 2-bedroom, 1-bath homes with approximately 960 sq ft each. Tenants are responsible for their own electric, while the landlord currently pays water and garbage.
Each residence is served by septic. Adding even more potential to this income-producing property, the local Health Department has indicated that the acreage can accommodate one additional residence, subject to applicable approvals and permitting. With 14 newer single-family homes in one location, full occupancy, convenient interstate access and pro
ximity to Cave Run Lake, this is a rare opportunity to acquire an established residential investment portfolio with potential for additional growth. Financial information, rent roll and additional property details available to qualified buyers.
Monthly Cost Estimate
$12,033/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
20 Pickle Lane
Morehead, KY 40351
Property Details
Flooring
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 3-bedroom, 1-bathroom single family at 20 Pickle Lane is listed at $2,250,000 ($1,875/sqft). The estimated monthly payment is $12,033 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 2021, 5.00 acre lot.
This property is listed by Shannon V Malone and can be reached at 6064620159.


