Turn-key four-plex income property in one of downtown Lexington's most sought-after locations???the thriving Jefferson Corridor, surrounded by recently completed high-end developments. This investment opportunity is currently fully leased, generating over $50,000 in annual rental income with low maintenance requirements. Major system upgrades include high-efficiency heating and cooling, along with updated electrical that is separately metered completed in 2021???offering flexibility for potential individual unit sale. While preserving its original charm featuring vaulted ceilings, beautiful hardwood floors, and classic window moldings. Residents have in-unit washer and dryer and a private fenced backyard with community firepit. Additional highlights include on-site garage parking with extra parking available. Ideally located with short distance to the University of Kentucky, Rupp Arena, Transylvania University, as well as popular dining and entertainment destinations such.
Listed By
Agency Name: Bluegrass Sotheby's International Realty
Shown By
Agent Name: Debra Bray
Agent Phone:
Agency Title: SALLIE DAVIDSON, REALTORS
Estimated Payment
$ 2,621.72 per month $2,424.84 Principal & Interest $0.00 Property Tax (data not provided by mls) $196.88 Homeowner's Insurance
509 W 3rd Street | MLS# 26007853
This multi-family property located at 509 W 3rd Street, Lexington, KY 40508 is currently listed for sale with an asking price of $675,000. W 3rd Street is located within the Fayette County - 1 school district. Search Lexington real estate on dbray.salliedavidson.com today.