509 Bourne Avenue, Somerset, KY 42501

Somerset
Local realty services provided by:Better Homes and Gardens Real Estate Fern Leaf Group
509 Bourne Avenue,Somerset, KY 42501
$299,000
  • 3 Beds
  • 3 Baths
  • 2,508 sq. ft.
  • Single family
  • Active
Listed by: tod bertram, sarah adkisson
Office: weichert realtors ford brothers, inc.
MLS#:26024894
Source:KY_LBAR

Price summary

  • Price:$299,000
  • Price per sq. ft.:$119.22

About this home

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.

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Home facts

  • Year built:9999
  • Subdivision & Development:Downtown
  • Listing ID #:26024894
  • Added:2 day(s) ago
  • Updated:September 13, 2026 at 03:01 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:3
  • Full bathrooms:2
  • Half bathrooms:1
  • Rooms Total:12
  • Flooring:Laminate, Tile
  • Living area:2,508 sq. ft.

Heating and cooling

  • Cooling:Heat Pump
  • Heating:Natural Gas

Structure and exterior

  • Year built:9999
  • Building area:2,508 sq. ft.
  • Lot area:0.5 Acres
  • Construction Materials:Brick Veneer

Schools

  • High school:Somerset
  • Middle school:Meece
  • Elementary school:Hopkins

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$299,000
  • Price per sq. ft.:$119.22

Features and amenities

  • Laundry features:Electric Dryer Hookup, Washer Hookup
  • Amenities:Ceiling Fan(s)

Parking

  • Parking description:Driveway, Garage Faces Front
  • Garage:Yes
  • Garage spaces:2
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