Current owners got zoning changed to RM-3 which makes this an ideal (and rare) multi-family housing property. RM-3 allows up to 8 units per building (which would mean 62 units plus the home in place). This property is one of the only properties with this zoning, which makes it the ideal property for investors and builders looking to expand the housing options in Danville. At this price point, land cost per unit is under $5300 at 62 units.
Property Details
Property Features
Property Information:
Year Built: 2838
Living Area: 2,838 SqFt
Listing Office:
Office Name: Rector Hayden Realtors
Office Phone: (859) 276-4811
Interior Features
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 4
Lot Features
Lot Information:
Lot Size: 4.31 Acres
Utilities
Utilities Information:
Heating: Natural Gas
Cooling: Window Unit(s)
School Info
Assigned Schools Information:
Boyle County High School, Public District Grades 9-12
Boyle County Middle School, Public District Grades 6-8
Woodlawn Elementary School, Public District Grades PK-5
Other
Directions Information:
Directions: Take Hwy 27 S into Nicholasville. Continue straight on Hwy 27 S to KY-34 w. Take a right on 34W and follow to traffic circle. At traffic circle take third exit to KY-33 S/Shakertown Road. keep right to continue on Old Shakertown Rd, 707 Old Shakertown road is approximately 0.2 miles on the left.
Price Information
Listing Price Info
Price Summary:
List Price: $325,000
Price Per SqFt: $115/SqFt
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
9
/10
Woodlawn Elementary School
1661 Perryville Rd
Distance between this listing and this school3.17 miles
Public District Grades PK-5
Middle School
8
/10
Boyle County Middle School
1651 Perryville Rd
Distance between this listing and this school2.64 miles
Public District Grades 6-8
High School
9
/10
Boyle County High School
1637 Perryville Rd
Distance between this listing and this school3.08 miles
Public District Grades 9-12
Assigned Schools
9
/10
Woodlawn Elementary School
1661 Perryville Rd
Distance between this listing and this school3.17 miles
Public District Grades PK-5
Nearby Schools
9
/10
Junction City Elementary School
250 School St
Distance between this listing and this school2.52 miles
Public District Grades PK-5
5
/10
Stanford Elementary School
101 Old Fort Rd
Distance between this listing and this school6.95 miles
Public District Grades KG-5
Assigned Schools
8
/10
Boyle County Middle School
1651 Perryville Rd
Distance between this listing and this school2.64 miles
Public District Grades 6-8
Nearby Schools
4
/10
Bate Middle School
460 Stanford Ave
Distance between this listing and this school1.70 miles
Public District Grades 6-8
3
/10
Lincoln County Middle School
285 Education Way
Distance between this listing and this school9.33 miles
Public District Grades 7-8
Assigned Schools
9
/10
Boyle County High School
1637 Perryville Rd
Distance between this listing and this school3.08 miles
Public District Grades 9-12
Nearby Schools
4
/10
Danville High School
203 E Lexington Ave
Distance between this listing and this school2.24 miles
Public District Grades 9-12
5
/10
Lincoln County High School
60 Education Way
Distance between this listing and this school9.32 miles
The neighbors living near this home have an average income of $43,190. Most Danville, KY residents have annual incomes between $35k-100k. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
This home is located at Danville Ky in Danville, KY and zip code 40422. This 2,838 square foot home, which was built in 2838, sits on a 4.31 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 24, 2024 and is currently priced at $325,000.
While more than 3 listings in Danville, KY in April 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 15 were sold below. The number of homes for sale in Danville, KY increased by 6.9% between March 2024 and April 2024. Listings spent 66 days on the market in April 2024, and had a median list price of $233,266 during the same period.
From Rocket Homes Real Estate and based on county public records data.