346 Dowell Road Russell Springs, KY 42642

Other Residential MLS #: 24026289 Courtesy Of Coldwell Banker Foster Real Estate, Inc

$249,000

0.4 acres
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Estimated monthly payments: $1,088/mo.* (recalculate)

Property InformationDescription

ATTENTION INVESTORS!! Great ROI!!! Check out this AMAZING opportunity!!! 1 Commercial unit in the front and 3 apartments in the back! All are currently rented and income producing! This is in a prime location right behind Arby's in Russell Springs, KY! Apartment #1: One bedroom/1bath....Apartment #2: Two bedroom/1bath....Apartment #3: Two bedroom/1bath. All units have been renovated including the front unit, the commercial unit up front. Commercial building has a newer HVAC unit. Commercial sq ft is believed to be 1500-1700 sq ft with one bathroom. To be verified by buyer. All apartments and commercial unit have separate HVAC units. Water is currently all on one bill for apartments and commercial. Apartment # 1: $750.00 (2br) Apartment #2: $700 (2br) Apartment #3: $650.00 (1br) Commercial unit: $600.00 (commercial) Total rental income is $2,700.00 total per month with potential to go up!! Great ROI property for an investor to pick up!!!

Features

  • Amenities: Dock
  • Architecture Style: Other
  • Exterior Type: Brick, Vinyl Siding
  • Lot Size: 0.4 Acres

MAP & DIRECTIONS

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346 Dowell Road, Russell Springs, KY 42642
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School Information

346 Dowell Road, Russell Springs, KY 42642

Elementary School
Grades PK-5 | Public School
RUSSELL SPRINGS ELEMENTARY SCHOOL
Russell Springs, KY 42642
1554 N Highway 127
270.­866.3587
Distance: 1.9 mi
School Rating
A
Student:Teacher Ratio
16:1
Total Students
652
Middle School
Grades 6-8 | Public School
RUSSELL COUNTY MIDDLE SCHOOL
Russell Springs, KY 42642
2258 S Highway 127
270.­866.2224
Distance: 1.9 mi
School Rating
B-
Student:Teacher Ratio
18:1
Total Students
693
High School
Grades 9-12 | Public School
RUSSELL COUNTY HIGH SCHOOL
Russell Springs, KY 42642
2166 S Highway 127
270.­866.3341
Distance: 1.8 mi
School Rating
C+
Student:Teacher Ratio
17:1
Total Students
848
Other Nearby Schools Distance Type Grades School Rating
Lake Cumberland Area Technology Center 1.9 mi Public 8-12
Salem Elementary School 4.3 mi Public PK-5 C
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Russell Springs, KY 42642

Median Age: 41.1
Married: 45%
Number of Households: 5,644
Households with Children: 32.3%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2025 Lexington-Bluegrass Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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.