4068 Fry Street, Melbourne, KY 41059

Property Description

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 60+years with some tenants residing over 30 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- Please contact listing agent to set appts. The property at 5646 New DR (MLSf#646338 ) is included in this Investment- titled separately, but land is deeded as one. OFFERING: 4-yR round rental cottages; 9 Seasonal Rental Cottages, 3 Yr round Mobile home lots and 3 Seasonal RV lots; all tied to Public Water and have septic. Plus a 2 car garage for storage & lots of vacant land to build more PLUS the 10acres at the River Bottom. Cottages are Zoned A-1 Agricultural, River Bottoms R-CO River Recreation.