This expansive property in Shelbiana presents a fantastic opportunity to capitalize on its unique features and generous acreage. With potential for conversion into two separate apartments, this home is a versatile investment with plenty of room to grow.
Property Highlights:
Spacious Living: The home offers a generous 2,750 square feet of living space, including 2,400 square feet of finished area above ground and 350 square feet in the unfinished basement.
Flexible Layout: With 4 bedrooms and 2 bathrooms, the property can easily be converted into two separate apartments, maximizing rental income potential.
Expansive Land: The property sits on a sprawling 30+ acres of land, providing ample space for outdoor activities, gardening, or future development.
Natural Beauty: Enjoy the serene surroundings and picturesque views of the surrounding landscape.
Convenient Amenities: The home is equipped with essential appliances, including a refrigerator and stove.
Additional Features: The property boasts a detached garage, offering covered parking and extra storage space.
Investment Potential:
- Multi-Unit Conversion: Convert the home into two separate apartments to generate rental income and maximize your return on investment.
- Land Development: The expansive acreage offers potential for future development or expansion, adding further value to the property.
- Fixer-Upper Opportunity: While the property is being sold “as is,” it presents a great opportunity to add value through renovations and updates.
Important Notes:
- “As Is” Sale: The property is being sold in its current condition, providing a blank canvas for your investment vision.
- Year Built: Constructed in 1966, the home offers solid bones and classic charm.
- Flooring & Basement: The interior features subfloor only, allowing for customization. The basement is unfinished, providing additional space for storage or potential finishing.
Price: $105,000
Location: 27 Ripley Br, Shelbiana, KY 41562
From Zillow
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