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240 E Main Street

Mt Vernon, KY 40456
  • $399,900
  • STATUS: Contingent
  • ON SITE: 205 Days
  • MLS #: 25501961
Under Contract
UPDATED: 66 min ago
$399,900
  • 8
    BEDS
  • 0.35
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 5,317
    SQFT
  • $75
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1976
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Prime Rental Investment Opportunity in the Heart of Mount Vernon Looking for a lucrative investment in a prime location? This 5-unit apartment complex being completely rented and located on Main Street in the heart of Mount Vernon is a rare find! Property Features: 3 Units consists of 1 Bedroom, 1 Bath 1 Unit consists of 2 Bedrooms, 1 Bath 1 Unit offers 3 Bedrooms, 1 Bath A Full basement, with potential to convert into a large apartment or office space for added income. Updated Central heat and air units, plus City water and sewer services provide convenience and reliability. A large, completely fenced-in backyard, perfect for tenants seeking outdoor space. A spacious blacktop parking lot offers ample parking for all residents. Prime Location: Situated on Main Street, this property is in the heart of town, offering tenants easy access to local shops, restaurants, and amenities. This desirable location ensures low vacancy rates and steady rental income. With its versatility, prime location, and untapped potential in the basement, this property is a fantastic opportunity for seasoned investors or those just starting their real estate journ

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The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Bluegrass REALTORS® Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than The Lane Team | Bluegrass Sotheby's International Realty are marked with the IDX logo and detailed information about them includes the name of the listing IDX Brokers. Information is deemed reliable but is not guaranteed accurate by the MLS or listing broker.

www.laneteamky.com/homes/168151466
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240 E Main Street Mt Vernon, KY 40456

  • Price: $399,900
  • Status: Contingent
  • On Site: 205 Days
  • Updated: 66 min ago
  • MLS #: 25501961
8
Beds
5
Baths
0
½ Baths
0.35
Acres
5,317
SQFT
$75
$/SQFT
1976
Built
Neighborhood:
Downtown
County:
Rockcastle
Area:
Rockcastle County
Elementary School:
Mt. Vernon
Middle School:
Rockcastle Co
High School:
Rockcastle Co
School District:
Rockcastle County
Property Description
Prime Rental Investment Opportunity in the Heart of Mount Vernon Looking for a lucrative investment in a prime location? This 5-unit apartment complex being completely rented and located on Main Street in the heart of Mount Vernon is a rare find! Property Features: 3 Units consists of 1 Bedroom, 1 Bath 1 Unit consists of 2 Bedrooms, 1 Bath 1 Unit offers 3 Bedrooms, 1 Bath A Full basement, with potential to convert into a large apartment or office space for added income. Updated Central heat and air units, plus City water and sewer services provide convenience and reliability. A large, completely fenced-in backyard, perfect for tenants seeking outdoor space. A spacious blacktop parking lot offers ample parking for all residents. Prime Location: Situated on Main Street, this property is in the heart of town, offering tenants easy access to local shops, restaurants, and amenities. This desirable location ensures low vacancy rates and steady rental income. With its versatility, prime location, and untapped potential in the basement, this property is a fantastic opportunity for seasoned investors or those just starting their real estate journ
Exterior Features

Attached Garage YN No Parking Features On SitePaved Roof Shingle

Interior Features

Building Area Total 5317 Cooling Heat Pump Cooling YN Yes Heating Heat Pump Heating YN Yes Laundry Features Electric Dryer HookupWasher Hookup

Property Features

Accessibility Features YN No Association Amenities [] Association Fee Includes [] Community Features [] Listing Terms CashConventional Other Equipment [] Property Condition [] Property Sub Type Apartment Security Features [] Special Listing Conditions Standard Structure Type Multi Family Utilities Electricity ConnectedSewer ConnectedWater Connected Zoning Description N/A

Bluegrass REALTORS® logo Listing provided courtesy of M Matthew Silcox of WEICHERT REALTORS - Ford Brothers: 859-353-4446 . Listing information © 2026 Bluegrass REALTORS® Multiple Listing Service. All rights reserved.


The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Bluegrass REALTORS® Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than The Lane Team | Bluegrass Sotheby's International Realty are marked with the IDX logo and detailed information about them includes the name of the listing IDX Brokers. Information is deemed reliable but is not guaranteed accurate by the MLS or listing broker.

 
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The Lane Team | Bluegrass Sotheby's International Realty
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Lexington KY, 40502