108 Pine St London, KY 40741
Property details
About 108 Pine St
Discover an exceptional investment opportunity in the heart of downtown London! Presenting a prime real estate portfolio featuring two well-maintained apartment buildings with a total of 8 fully occupied units, ensuring immediate cash flow. Six of the 8 units have been completely renovated. **Building 1** boasts 5 units, each offering 2 bedrooms and 1 bathroom, perfect for comfortable living. **Building 2** features 3 newly renovated units, also with 2 bedrooms and 1 bathroom, showcasing modern updates that appeal to today's tenants. With the potential for a remarkable 10% cap rate, this property stands out as a savvy investment choice.Located conveniently close to all downtown amenities, these apartments are ideal for those seeking a vibrant urban lifestyle. Don't miss this chance to seize a lucrative addition to your portfolio--schedule a viewing today!''
Highlights
Summary
- MLS Number: 25002875
- Office Name: CENTURY 21 Advantage Realty
- Office Phone: (606) 878-0021
- Office Email: srobinson@century21advantage.com
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Last updated on: 2/22/2025, 8:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$849,000
108 Pine St
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Feb 08, 2024 | Home Sold | $500,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $315,000 | $2,491 |
2021 | $270,000 | $2,227 |
2020 | $270,000 | $- |
2019 | $270,000 | $2,250 |
2018 | $270,000 | $2,246 |
2017 | $270,000 | $2,244 |
History based on county public records data.
Nearby schools
9
London Elementary School
Public District PK-5
0.4 mi
•600 N Main St
8
Johnson Elementary School
Public District PK-5
2.3 mi
•1781 McWhorter Rd
10
Sublimity Elementary School
Public District PK-5
3.1 mi
•900 Sublimity School Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $29,598. The most common annual income of people living in London, KY is less than $<35k. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.
This home is located at 108 Pine St in London, KY and zip code 40741. This 8,640 square foot home, which was built in 1988, sits on a 0.72 acre lot. Features: 16 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since February 17, 2025 and is currently priced at $849,000.
Over 1 listings were sold over their listed price in January 2025 in London, KY. In the same period over 14 listings were sold below the listed price and 1 listings were sold for the listed price. The inventory of homes for sale in London, KY between December and January 2025 decreased by 8.2%. Listings spent 52 days on the market in January 2025, and had a median list price of $227,500 during the same period.