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- Description
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Street View
$299,000
Monthly Est:$1,488
3 Beds
3 Baths2 full baths + 1 half bath
2,508sqft
509 Bourne Ave, Somerset, KY 42501
$299,000
$1,488/moEst:
Get Pre-Approved
Single Family Residence
Built in 9999
$-- HOA
0.5 acre lot
$119/sq.ft
Description
Turnkey Income Property in Somerset - Currently Generating $4,000/Month! Don't miss this incredible investment opportunity at 509 Bourne Avenue! Currently operating as a successful boarding house, this property has provided the current owner with excellent rental income and is ready for a new investor to step right in. The home features 3 bedrooms, 2.5 bathrooms, and 2 versatile bonus rooms—perfect for maximizing rental potential or additional living space. You'll also find a spacious living room, functional kitchen, convenient utility room, and a detached garage for extra storage or parking. Recent updates include flooring throughout the main living areas and a brand-new roof installed in 2023, offering peace of mind and reduced maintenance costs for years to come. Whether you're an experienced investor looking to add a proven income producer to your portfolio, or you're interested in converting this versatile layout to suit your own needs, this property checks all the boxes.
- Houzeo last checked: 4 minutes ago
- Listing updated: September 10, 2026 at 6:42 pm
- Listing Provided by: Tod Bertram (606) 278-0138 , Sarah Adkisson | Weichert Realtors Ford Brothers, Inc. (606) 679-2656
- Source: Lexington Bluegrass AOR (Imagine) MLS-KY | MLS#: 26024894
Property Details
Status
Active
Type
Single Family Residence
No. of Stories
-
County
City
Neighborhood
--
Year Built
9999
HOA Fees
-
Finished Area
2,508 sqft
Lot Size
0.5 acre lot
Basement Area
- sqft
MLS Name
Lexington Bluegrass AOR (Imagine) MLS
MLS Number
26024894
MLS Status
Active
Days on Market
52
Cumulative Days on Market
1
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 3
Interior
Appliances
Dishwasher, Range, Refrigerator
Interior Features
Ceiling Fan(s)
Cooling
Heat Pump
Heating
Natural Gas
Sewer
Public Sewer
Flooring
Laminate, Tile
Construction
Year Built
Year Built: 9999
Home type
Single Family Residence
Roof
Composition
Foundation Details
Slab
Architectural Style
Ranch
Construction Materials
Brick Veneer
Utilities & Energy
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water Source
Public
Parking Features
Detached Garage, Driveway, Garage Faces Front
Laundry Features
Electric Dryer Hookup, Washer Hookup
Other Features
Subdivision Name
Downtown
Patio And Porch Features
Patio, Rear Patio
Lot Features
Landscaped
Community Features
Park
Price History
| Date | Event | Price |
|---|---|---|
09/10/2026 Source: | Listed for Sale | $299,000 +8114.29% $0/sqft |
09/02/2022 Source: | Price Decreased | $3,640 -97.09% $0/sqft |
04/21/2022 Source: #1605681 | Sold | $125,000 -16.67% $0/sqft |
02/16/2022 Source: #1604804 | Listing Removed | $150,000 $0/sqft |
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Based on information from the IMAGINE MLS® through Nov 01, 2026, 11:45PM. Copyrighted by the Imagine MLS®. IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data on this website is deemed reliable but is not guaranteed accurate by the MLS. © 2026 IMAGINE MLS®. All Rights Reserved.
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