192 Fairway Lane A,Somerset, KY 42503
Somerset, KY 42503
Description
Built in 2023, this beautifully designed 2-story triplex is a rare turnkey investment opportunity in one of Somerset's most desirable locations. This fully occupied triplex offers three well-designed 2-story units, each featuring 2 bedrooms and 1.5 baths. With modern construction, newer appliances, and low-maintenance ownership, investors can enjoy peace of mind with minimal upkeep for years to come. Current rents are below market value, creating immediate opportunity for increased income potential. Ideal for investors seeking strong cash flow and appreciation, or for buyers looking to live in one unit while generating rental income from the other two. This triplex also offers 9-foot ceilings, washer/dryer hookups, and is situated at the end of a quiet residential street which offers privacy and minimal traffic with scenic golf course views. An unmatched setting for tenants and owner-occupants alike. Conveniently located less than 1 mile from major highways, downtown Somerset, schools, shopping, dining, and Lake Cumberland Regional Hospital. A rare opportunity to own a newer multifamily property in a prime location with built-in income and future growth potential. (194 Fairway is also available for purchase - mls#26010383)
Details
| MLS # | 26010382 |
|---|---|
| Listing Type | For Sale |
| Style | Triplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 2023 |
| Days On Site | 118 |
| Listing Provided By | CENTURY 21 Advantage Realty | Jessica C Vincent |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 6 Total |
| SQ Feet | 3,600 |
| Units | 3 |
| Building(s) | 1 |
| Acreage | 0.97 |
Interior
| Cooling | Electric, Heat Pump |
|---|---|
| Heating | Electric, Heat Pump |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
Exterior
| Roof | Composition, Shingle |
|---|
Parking
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | On Site, Open, Paved |
Utilities
| Utilities | Electricity Connected, Sewer Connected, Water Connected |
|---|
Area Information
| State | KY |
|---|---|
| County | Pulaski |
| City | Somerset |
| Zip Code | 42503 |
| Area | 909 Somerset City | Pulaski County |
| Subarea | Somerset City | Pulaski County |
| Community Name | Somerset City |
| School District | Somerset Independent |
| Elementary School | Hopkins |
| High School | Somerset |
| Listing VS Median (in Somerset City) | |
Price: $625,000 low | high Med: $229,900 sqft: 3,600 low | high Med: 1,664 $ / sqft: $174 low | high Med: $141 On site: 118 low | high Med: 90.5 | |
Market Activity 42503
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Learn More About This Property
| State | KY |
|---|---|
| County | Pulaski |
| City | Somerset |
| Zip Code | 42503 |
| Area | 909 Somerset City | Pulaski County |
| Subarea | Somerset City | Pulaski County |
| Community Name | Somerset City |
| School District | Somerset Independent |
| Elementary School | Hopkins |
| High School | Somerset |
| Listing VS Median (in Somerset City) | |
Price: $625,000 low | high Med: $229,900 sqft: 3,600 low | high Med: 1,664 $ / sqft: $174 low | high Med: $141 On site: 118 low | high Med: 90.5 | |
