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240 East Main Street, 
Mt Vernon, KY 40456

$399,000


Bed


Bath


-

Sq Ft


Multi-Family

Active

Listed by

M Matthew Silcox

Weichert Realtors - Ford Brothers

859-353-4446

Last updated:

May 5, 2025, 02:46 PM

MLS#

25000510

Source:

KY LBAR

About This Home

240 East Main Street

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: 1 Bedroom, 1 Bath • 1 Unit: 2 Bedrooms, 1 Bath • 1 Unit: 3 Bedrooms, 1 Bath • Full basement currently rented, 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

Home Facts

Multi-Family

Built in 1976

Price Summary

399,000

MLS #:

25000510

Last Updated:

May 5, 2025, 02:46 PM

Added:

3 month(s) ago


Structure

Structure

Year Built:

1976


Lot

Lot Size (Sq. Ft):

15,246


Finances & Disclosures

Finances

Price:

$399,000

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.