11 Midland Meadows Dr, Somerset, KY 42503

$598,000
9
BD
6
BA
4,224
SqFt

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List Price
$598,000
MLS#
26004458
Status
ACTIVE
Type
Single Family Residential
Subtype
Single Family Residence
Bedrooms
9
Bathrooms
6
Full Baths
6
Living Area
4,224
Lot Size
61,855

Property Description

Turnkey, income-producing triplex built in 2025 and ideally located just off Highway 27 in Somerset. Positioned in a high-demand rental corridor near grocery stores, retail, dining, schools, and major employers. Each unit offers 3 bedrooms and 2 full baths with an open living and kitchen layout, stainless steel appliances, and first-floor washer and dryer hookups. All three units are currently leased, providing immediate cash flow. Situated on 1.42 acres, this property was intentionally developed for scalability. Major infrastructure is already in place, including: Sewer and water installation Private road construction Large paved parking area Commercial mailbox system with capacity for up to 16 units Dumpster enclosure walls The site offers space for two additional dwellings, allowing the next owner to increase density and cash flow without repeating major development costs. Excellent visibility and accessibility near Hwy 27, yet tucked into an established residential area. Income today. Expansion tomorrow. Owner is a Kentucky licensed real estate agent.

Additional Information

Year Built
2025
Appliances
Dishwasher, Microwave, Refrigerator, Range
Sewer
Public Sewer
Foundation
Slab
Flooring
Vinyl
Heating
Heat Pump
Elementary School
Oakhill
Middle School
Southern
High School
Southwestern
Water
Public
Roof
Shingle

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Commonwealth.