509 Bourne Avenue
Somerset, KYTurnkey 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.
Active
- Price
- $ 299,000
- City
- Somerset
- Bedrooms
- 3
- Full Bathrooms
- 2
- County
- PULASKI
- Half Bathrooms
- 1
- Area
- 909 - Somerset City - Pulaski County
- Lot Size
- 0.5 Acres
- Zip
- 42501
- Sqr Footage
- 2,508
- Style
- Ranch
- MLS#
- 26024894
Features
General
Interior Features
Exterior Features
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Affordability Calculator
$3,786
Per MonthBased on the average sale price from the Somerset, KY office
- Monthly Principal & interest $2,658
- Monthly Property Taxes $1,062
- Monthly Home Insurance $67
Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
Schools
Price History
Property vs Zip Code Average in 42501
In The Neighborhood
In The Neighborhood
- Type
- Single Family
- Size
- <span>1,533</span> SqFt
- Rooms
- <span>3</span> Beds + <span>1.5</span> Baths
- Type
- Single Family
- Size
- <span>900</span> SqFt
- Rooms
- <span>2</span> Beds + <span>1</span> Baths
- Type
- Single Family
- Size
- <span>3,138</span> SqFt
- Rooms
- <span>3</span> Beds + <span>2.5</span> Baths
- Type
- Single Family
- Size
- <span>1,940</span> SqFt
- Rooms
- <span>3</span> Beds + <span>2</span> Baths
- Type
- Single Family
- Size
- <span>1,492</span> SqFt
- Rooms
- <span>3</span> Beds + <span>2</span> Baths
- Type
- Single Family
- Size
- <span>1,088</span> SqFt
- Rooms
- <span>3</span> Beds + <span>2</span> Baths
- Type
- Single Family
- Size
- <span>2,020</span> SqFt
- Rooms
- <span>3</span> Beds + <span>1</span> Baths
- Type
- Single Family
- Size
- <span>1,582</span> SqFt
- Rooms
- <span>3</span> Beds + <span>2</span> Baths
- Type
- Single Family
- Size
- <span>1,940</span> SqFt
- Rooms
- <span>4</span> Beds + <span>2</span> Baths
- Type
- Single Family
- Size
- <span>2,546</span> SqFt
- Rooms
- <span>4</span> Beds + <span>2</span> Baths
- Type
- Single Family
- Size
- <span>1,454</span> SqFt
- Rooms
- <span>3</span> Beds + <span>1</span> Baths
- Type
- Single Family
- Size
- <span>1,897</span> SqFt
- Rooms
- <span>3</span> Beds + <span>2</span> Baths
- Type
- Single Family
- Size
- <span>2,258</span> SqFt
- Rooms
- <span>4</span> Beds + <span>2.5</span> Baths
- Type
- Single Family
- Size
- <span>1,135</span> SqFt
- Rooms
- <span>3</span> Beds + <span>1</span> Baths
Areas That We Cover
509 Bourne Avenue Somerset, KY is a Single Family Home for sale at $299000 with 2508 sqft and a lot size of 0.5 Acres Acre(s). 509 Bourne Avenue Somerset has 3 bedrooms, 2 baths . The property's zip code is 42501 which is in Somerset, KY
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
By pressing Contact Me, you agree that Weichert® may contact you via phone about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our Privacy Policy