Address
613 Shropshire Avenue, Lexington, KY
Price
$ 600,000
Property Attributes
- MLS#22026752
- TypeMulti-Family
- CountyFAYETTE
- CityLexington
- Area002 - Fayette County NE
- NeighborhoodDowntown
- Zip40508
- StyleApartments
- Price$ 600,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size8,756 SqFt
Data Source:
Bluegrass REALTORS®
Property Description
Six unit apartment building located near downtown Lexington on the Winchester Road corridor. All units are 1 bed/1bath with ceramic tile throughout, updated cabinets, stainless steel appliances, in unit washer/dryer. Currently used as long term rental with units rented at $650-$725. Market rate for the area should be $700-$725. All units are metered separately for water and electric. Tenants pay all utilities for each unit currently. Building is now fully leased with 100% occupancy. Other units can be viewed with accepted contract. The building and location also has strong potential for short term rental.
| Price History | |
|---|---|
| 12/23/2022 | Listed $600,000 |
General Features
| # of Buildings | One |
|---|---|
| Area | 002 - Fayette County NE |
| City | Lexington |
| Cooling | Window Unit(s) |
| County | Fayette |
| Directions | E 3rd St toward Winchester Road, Right turn on Shropshire Ave. Building on Left. |
| Geo Lat | 38.048422 |
| Geo Lon | -84.479382 |
| Heating | Baseboard, Electric, Forced Air |
| Parking | 6 - 10 Spaces |
| Possession | Close Of Escrow |
| Property Type | F |
| Roof | Shingle |
| Status | Active |
| Street Name | Shropshire |
| Structure Type | Apartments |
| Subdivision | Downtown |
| Water | Water Connected |
| Year Built | 1965 |
Interior Features
| Stories | One |
|---|---|
| Street Suffix | Avenue |
| Total Baths | 0.00 |
| Unit Info: # Of Units | 6 |
Exterior Features
| Lot Size Acres | 0.2010 |
|---|---|
| Lot Size Square Feet | 8750.00 |
| Mls Identifier | 20180201170722572567000000 |
| Sewer | Sewer Connected |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 40508
Price
Visits
Year Built
Walkscore
Data last updated: May 30, 2023 10:31 PM UTC and updating occurs daily