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Listed price in listed location currency (USD).
$120,000

420

MLS® 26000263

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 2250 sqft
Garage No
Taxes 
Days Active 2
Lot Size 0.31 acres
Approx. Age 9999
Avg. Price Per Sqft $53
MLS® Number 26000263

Property Address: 1659 Ky Highway 501, Waynesburg, KY, 40489-9611

Average square foot calculated using Size range provided by listing agent.

Description

Investor Special who's looking for a Value-Add Opportunity with a Strong ARV Rare opportunity to reposition a former church (could easily be converted back to a church if desired) with substantial square footage and multiple exit strategies. This 2, 250 sq ft main-level property has already been largely converted into a 4-bedroom, 1.5-bath layout, featuring a bonus room, office, and family room — all on one level. Laundry is conveniently located on the main floor and could easily function as a shared common area for future multi-tenant use. The property includes a separate electric meter for the upper level and a 1, 250 sq ft unfinished basement, offering excellent potential to add additional bedrooms, expand living space, or convert the property into a duplex or multi-unit investment. The basement is a true blank canvas, ideal for maximizing value and rental income. Renovations on main floor have been started but not completed, allowing the next owner to customize layouts and finishes in select areas upstairs while unlocking significant upside below. HVAC infrastructure is in place with ductwork already run; the fuel oil system will need repair or replacement, but the setup appears ready for straightforward installation of new indoor and outdoor units. According to a recent appraisal, ARV exceeds $215, 000.00 presenting a clear opportunity for investors seeking equity creation, BRRRR potential, or a long-term buy-and-hold. With strong bones, flexible configuration options, and substantial square footage, this property is well-suited for experienced investors or owner-occupants looking to add value. Sold as-is. Bring your vision and capitalize on this unique value-add opportunity.
MLS® Number26000263
Laundry LevelElectric Dryer Hookup, Main Level, Washer Hookup
Central VacNo
FireplaceNo
Acreage0.31
Exterior
GarageNo
Approx. Age9999
BasementExterior Entry, Full, Unfinished, Walk-Out Access, Walk-Up Access
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Other:First FloorNot available
Other:First FloorNot available
Other:First FloorNot available
Other:First FloorNot available
Other:First FloorNot available
Other:First FloorNot available
Other:First FloorNot available
Other:First FloorNot available
Other:First FloorNot available

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 6, 2026List Date
$120,000List Price
  • Commute

Commute

Starting Address
Destination Address
1659 Ky Highway 501, Waynesburg, KY

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