201 E Pike Street, Cynthiana, KY 41031
sale
$469,900
|
Other
Courtesy Of Palmer-Hampton Agency
Located in the heart of downtown Cynthiana, 201 East Pike Street is a beautifully restored mixed-use building positioned on the highly visible corner of Pike and Walnut, offering exceptional exposure in a thriving business district. This turnkey investment opportunity features a fully occupied property with strong, consistent income from day one. The ground level is leased to a successful, established bookstore, providing a stable commercial anchor. The upper level includes four fully rented residential units, consisting of three efficiency apartments and one one-bedroom apartment, offering a well-balanced rental mix. The building underwent a complete renovation in 2019, blending historic charm with modern updates, ensuring low maintenance and long-term appeal. With its prime location, strong tenant occupancy, and immediate cash flow, this property presents an outstanding opportunity for investors seeking a high-performing asset in a growing downtown market.
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Property Features
- Age: Over 50 Years Old
- Amenities: Basement
- Cooling System: Electric
- Exterior Type: Brick
- Floors: 2
- Heating System: Electric (Heating)
- Heating System: Baseboard
- Heating System: Heat Pump (Heating)
- MLSID: 26007232
- Roof Type: Rubber
- Rooms: Basement
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