Discover an outstanding investment opportunity in Jamestown $489,900

Home For Sale near Lake Cumberland

Discover an outstanding investment opportunity in Jamestown, Kentucky! Situated on 7.41 beautiful acres, this fully rented multi-unit property has a strong rental history and offers immediate income potential. The property features three separate rental units. Two units offer 2 bedrooms and 1.5 bathrooms, while the third unit includes 2 bedrooms and 1 bathroom. Each unit is individually metered with separate water and electric service, making management convenient and efficient. Inside, tenants enjoy spacious living areas, including large family rooms and eat-in galley kitchens in two of the units. All units feature dedicated laundry rooms, providing added convenience and appeal for long-term renters. Two units also include cozy wood-burning fireplaces, creating a warm and inviting atmosphere. Additional highlights include: * 7.41 acres of land with room to enjoy privacy and open space * Fully occupied with established rental history * Separate water and electric meters for each unit * Spacious living rooms throughout * Laundry rooms in all apartments * Wood-burning fireplaces in two units * Newer roof installed within the last five years Whether you're looking to expand your investment portfolio or secure a property with proven income potential, this well-maintained multi-family property offers a rare combination of acreage, cash flow, and long-term value in the heart of Russell County. Schedule your showing today and explore the possibilities this exceptional investment property has to offer.