REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Kelly Anne Harris

kelly@theharrisgrouprealty.com +1(270) 929-9606

$ 255,900

Est. payment | -/mo

10 Beds

7 Baths

2,946 SqFt

Save Virtual Tour

$ 255,900

Est. payment | -/mo

Save Virtual Tour

10 Beds

7 Baths

2,946 SqFt

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,946 sqft

Price per Sqft $86

Subdivision 1 - Madisonville

MLS Listing ID 121980

Bedrooms 10

Year Built 1924

Lot Size 0.290 Acres

Property Sub-Type Triplex

Property Description

Turnkey multi-family investment opportunity on S. Franklin Street in Madisonville, just a short walk to downtown shops, restaurants, and local attractions. This unique property features 3 established rental units currently operating as Airbnb properties. Unit 1 offers 2 bedrooms and 2 baths, Unit 2 features 1 bedroom, 1 bath, plus an office, and Unit 3 includes 2 bedrooms and 1 bath. Each unit has updated living rooms, kitchens, and laundry areas and comes fully furnished, including linens and kitchenware, making it truly turnkey. Situated on a deep fenced lot, the property also includes a storage building for additional space. Major updates include a new roof and gutters in 2025, with all three HVAC units approximately 5 years old. A rare opportunity to own a fully operational income-producing property near downtown Madisonville.

Location

State KY

County Hopkins

Area 1 - Madisonville

Interior

Interior Features Ceiling Fan(s), Walk-In Closet(s), Laundry Room

Heating Natural Gas

Cooling Central Electric, One Bedroom (Air Conditioning), Two Bedroom (Air Conditioning), Three Bedroom (Air Conditioning)

Flooring Hardwood Floors, Tile Floors

Furnishings One Bedroom (Furnished),Two Bedroom (Furnished),Three Bedroom (Furnished)

Window Features Double Pane Windows

Appliance Gas Water Heater, Dishwasher, Dryer, Disposal, Microwave, Electric Range, Refrigerator, Washer, One Bedroom (Dishwasher), One Bedroom (Range Oven), One Bedroom (Refrigerator), Two Bedroom (Dishwasher), Two Bedroom (Range Oven), Two Bedroom (Refrigerator), Three Bedroom (Dishwasher), Three Bedroom (Range Oven), Three Bedroom (Refrigerator)

Laundry Other-See Remarks, One Bedroom: Laundry Room, Two Bedroom: Laundry Room, Three Bedroom: Laundry Room

Exterior

Exterior Feature Lighting

Parking Features Concrete

Utilities Available Electricity Connected, Natural Gas Connected

Water Access Desc Combined Water Meters

Roof Type Composition

Porch Deck, Stoop

Garage No

Building

Lot Description Landscaped, Wooded

Story Two

Sewer City Sewer, City Water

Water Combined Water Meters

Level or Stories Two

Others

Virtual Tour https://tour.usamls.net/118-S-Franklin-Madisonville-KY-42431/unbranded

Listed by Haven Realty, LLC

NEARBY SCHOOLS & PROPERTIES

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(270) 929-9606

kelly@theharrisgrouprealty.com

GET MORE INFORMATION

Name

Email*

Phone*

Message

I consent to receiving calls and texts from VZN Realestate Platform and it's affiliates for real estate information, assistance, and to review financials to qualify for the purchase of a new home. Texts may include listing recommendations, status updates, and related information. Message frequency varies and data rates may apply. Reply “unsubscribe” to opt-out.

118 Franklin Madisonville, KY 42431