About This Home
This 3-bedroom, 3-bathroom single family at 509 Bourne Avenue in Somerset, KY is listed for $299,000 ($119 per sqft). the home offers 2,508 sqft of living space on a 0.50 acres lot.
Key Features
- 0.50 acre lot
- Fireplace
Property Details
Amenities
Turnkey Income Property in Somerset - Currently Generating $4,000/Month! Don't miss this incredible investment opportunity at 509 Bourne Avenue! Currently operating as a successful boarding house, this property has provided the current owner with excellent rental income and is ready for a new investor to step right in.
The home features 3 bedrooms, 2.5 bathrooms, and 2 versatile bonus rooms-perfect for maximizing rental potential or additional living space. You'll also find a spacious living room, functional kitchen, convenient utility room, and a detached garage for extra storage or parking.
Recent updates include flooring throughout the main living areas and a brand-new roof installed in 2023, offering peace of mind and reduced maintenance costs for years to come. Whether you're an experienced investor looking to add a proven income producer to your portfolio, or you're interested in converting this versatile layout to suit your own needs, this property checks all the boxes.
Monthly Cost Estimate
$1,599/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
509 Bourne Avenue
Somerset, KY 42501
Downtown
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 3-bedroom, 3-bathroom single family at 509 Bourne Avenue is listed at $299,000 ($119/sqft). The estimated monthly payment is $1,599 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: 0.50 acre lot, Fireplace. Interior Features: Ceiling Fan(s).
This property is listed by Tod Bertram and can be reached at 6062780138.
