Address

509 Bourne Avenue, Somerset, KY

Listing Type

Active

Price

$ 299,000

Property Attributes

MLS#26024894
TypeSingle Family
Listing Status Active
CountyPULASKI
CitySomerset
Area909 - Somerset City - Pulaski County
NeighborhoodDowntown
Zip42501
StyleRanch
Price$ 299,000
Bedrooms3
Full Bathrooms2
Half Bathrooms1
Sqr Footage2508
Lot Size0.5 Acres

Data Source:

ImagineMLS

Property Description

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.

Elementary School	Middle School	High School
Hopkins Elementary School	Meece Middle School	Somerset High School

Price History
9/10/2026	Listed $299,000

General Features

Sewer	Public Sewer
Heating	Natural Gas
Cooling	Heat Pump
Utilities	Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
Possession	Rental Agreement,Subject To Tenant Rights
Roof	Composition
Appliances	Dishwasher,Range,Refrigerator
Garage Spaces	2.0
Patio/Porch Features	Patio,Rear Patio
Architectural Style	Ranch
Construction Materials	Brick Veneer
Year Built	9999
Levels	One
Property Subtype	Single Family Residence
Parcel Number	061-8-3-45
Community Features	Park
County	Pulaski
New Construction	No
Property Type	Residential
HOA	No
Attached Garage	No
Subdivision Name	Downtown
Garage Y/N	Yes
Total Rooms	12
Full Baths	2
Status	Active
Directions	Hwy 27,head east on Oak Hill Rd,turn left onto Monticello St,then right onto Murphy Ave,then left onto Bourne Ave. Property is on the right,just before the stop sign.
High School	Somerset
City	Somerset
High School District	Somerset Independent
MLS Area	909 - Somerset City,Pulaski County
Lot Size Units	Acres
Lot Size Square Feet	21780.0
Carport Y/N	No
Elementary School	Hopkins
Land Lease Y/N	No
Home Warranty Y/N	No
Middle/Junior High School	Meece
MLS Area Minor	909 - Somerset City,Pulaski County
Lease Considered Y/N	No
Rent Control Y/N	No
Structure Type	House
Standard Status	Active
MobileHomeRemainsYN	No
Senior Community	None
Sewer_co_Public_sp_Sewer	True

Interior Features

Interior Amenities	Ceiling Fan(s)
Flooring	Laminate,Tile
Total Fireplaces	1
Basement (Y/N)	No
Air Conditioning Y/N	Yes
Heating Y/N	Yes
Fireplace Y/N	Yes
Above Grade Finished Area	2508.0
Half Baths	1
Laundry Features	Electric Dryer Hookup,Washer Hookup
Total Bedrooms	3
Below Grade Finished Area	0.0
LivingAreaSource	Public Records
Total Baths	3
Heating-Natural Gas	True

Exterior Features

Fencing	None
Parking Features	Detached Garage,Driveway,Garage Faces Front
Lot Features	Landscaped
Water Source	Public
Lot Size Area	0.5
Foundation Details	Slab
Building Area Total	2508.0
Lot Size Acres	0.5
Lot Size Source	Public Records
Waterfront Y/N	No
Crops Included Y/N	No
Horse Y/N	No
Irrigation Water Rights Y/N	No