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20 Pickle Ln, Morehead, KY 40351

$2,250,000
•
  • 3

    bed

  • 1

    bath

  • 1,200

    Sqft ($1,875/Sqft)

House for sale 5 hours

About 20 Pickle Ln

Property type House
Year built 2021
HOA fee $0/month
Lot size 5 Acre
Movoto estimate
Property description
Exceptional investment opportunity featuring 14 fully leased single-family residences situated on 5 acres in a convenient location near I-64 and Cave Run Lake. All 14 homes were built in 2021, offering a newer residential rental portfolio with established tenants already in place. The property consists of five 3-bedroom, 2-bath homes with approximately 1,200 sq ft each; six 2-bedroom, 2-bath homes with approximately 900 sq ft each; and three 2-bedroom, 1-bath homes with approximately 960 sq ft each. Tenants are responsible for their own electric, while the landlord currently pays water and garbage. Each residence is served by septic. Adding even more potential to this income-producing property, the local Health Department has indicated that the acreage can accommodate one additional residence, subject to applicable approvals and permitting. With 14 newer single-family homes in one location, full occupancy, convenient interstate access and proximity to Cave Run Lake, this is a rare opportunity to acquire an established residential investment portfolio with potential for additional growth. Financial information, rent roll and additional property details available to qualified buyers.
Listed by
Listing Agent - Shannon V Malone
Listing Office - HomeLand Real Estate Inc
Source: Imagine MLS mls logo
MLS#26027640 • last updated 5 hours ago
Movoto checked Imagine MLS for data 13 minutes ago
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Overview
Cooling/AC Central Air, Electric, Heat Pump
Heating Electric, Heat Pump
Levels/Style One, House, Ranch
MLS # 26027640
Status Active
SubType Single Family Residence
SqFt 1200
Lot Size (SqFt) 217800
Lot Size (Acres) 5
Year Built 2021
Interior
Total # of Bathrooms 1
# of Full Baths 1
Total # of Bedrooms 3
Total # of Rooms 2
Laundry Electric Dryer Hookup, Washer Hookup
Appliances Range, Refrigerator
Exterior
Foundation Slab
Roof Shingle
Construction Vinyl Siding
Parking Driveway
Amenities / Utilities
Water Source Public
Location
Elementary School Rowan Co
Middle School Rowan Co
High School District Rowan County - 61
High School Rowan Co
Directions From KY 801 And Rice Road Travel Down Rice Road To Pickle Lane
APN 019-00 0 36.16
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5/10
Source: GreatSchools.org © 2026. All rights reserved.

Around the neighborhood

Explore everything this neighborhood has to offer.
3/100
Walk
81/100
Family
19/100
Dining
63/100
Pet
  • Real Estate
  • KY
  • Rowan County
  • Morehead
  • 40351
  • 20 Pickle Ln

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