5646 New Drive, Melbourne, KY 41059

$975,000
3
BD
2
BA
1,400
SqFt

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List Price
$975,000
Status
ACTIVE
MLS#
641204
Bedrooms
3
Bathrooms
2
Levels
One
Region
K19 - Calif/Melb/Silv Grov

Property Description

BACK ON MARKET - DON'T MISS YOUR CHANCE THIS TIME: WELCOME TO MARTZ COTTAGES ON THE RIVER.... located just past Pendery Park in Melbourne Ky...sitting on 23.3 acres of prime investment- Has been family managed for over 40+years with some tenants residing over 20 years. This is a Diamond in the Rough. Well managed and shows a great investment but could be Much- Much-Much More...with some expanding of facilities; there is room to add more cottages & RV Lots- 10acres of River front could be utilized as well. All cottages and RV/Mobile Home lots. are rented at this time & require notice to view- All sites are tied to Public Water & have septic. Please contact listing agent to set appts. This Mobile Home is in excellent Condition and sits on an amazing site within '' Martz Cottages '' Great way to add income, this home has not been part of rental but lived in by Seller's parent. Now being offered as part of Cottage Investment. The front porch offers a view of the entire community with great yard space, a large two car detached garage and storage shed. The home offers Cathedral ceilings, large rooms and move in ready decor. Laundry offers a walkout to rear yard. Electric HVAC. This unique opportunity could be used as your investment expands. You can live in and use as your Office/ Home or add to your Rental Income. The Mobile home has a separate Title and is being transferred as part of the 23 acre Cottage Investment - Is NOT being sold separately. See Commercial listing for Martz Cottages MLS#641207 at 4068 Fry Street, Melbourne, KY

Additional Information

Acres
23.30
Construction
Block, Vinyl Siding, See Remarks
Roof
Composition
View
Neighborhood
Appliances
Dryer, Refrigerator, Washer, Electric Range
Garage Spaces
2
Cooling
Central Air, Zoned, See Remarks
Heating
Electric, Heat Pump, See Remarks
Sewer
Septic Tank
Water
Public
School District
Campbell Co Public

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Courtesy of Rebecca Orth with Sibcy Cline, REALTORS-CC