Address
493-West 3rd Street, Lexington, KY
Price
$ 650,000
Property Attributes
  • MLS#23007287
  • TypeMulti-Family
  • CountyFAYETTE
  • CityLexington
  • Area001 - Fayette County NW
  • NeighborhoodDowntown
  • Zip40508
  • StyleTriplex
  • Price$ 650,000
  • Bedrooms7
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage3000
  • Lot Size5,097 SqFt
Data Source:
Bluegrass REALTORS®
Property Description

This triplex has been completely remodeled in 2020, with new central air conditioning, tile floors, kitchens, bathrooms, windows and more. The 1025 square foot first floor has 3 bedrooms and 1 bath, the second floor is also 1025 square feet with 3 bedrooms and 1 bath, and the the third floor is a 500 square foot studio living space. The property sits on an unfinished basement. The first floor is an AirBnB/ Travel Nurse STR occupied until 11/2023 at $2,500 per month. The second and third are longterm tenants with lease from 8/2023-7/2024 for $1,500 a month and the studio at $800, respectively until 9/2023.Everything is walking distance to Rupp Arena, farmers market, restaurants and two blocks from Gratz Park and Transylvania University.

Elementary School Middle School High School
Harrison Elementary School Lexington Trad Middle School Lafayette High School
Price History
4/25/2023 Listed $749,000
5/4/2023 7% - $699,000
5/30/2023 8% - $650,000

General Features

# of Buildings One
Area 001 - Fayette County NW
City Lexington
Cooling Electric
County Fayette
Directions Jefferson to Third Street
Elementary School Harrison
Geo Lat 38.054969
Geo Lon -84.498221
Heating Forced Air
High School Lafayette
Parking 6 - 10 Spaces
Possession Close Of Escrow
Property Type F
Roof Composition
School District Fayette County - 1
Status Active
Street Name 3rd
Structure Type Triplex
Subdivision Downtown
Terms Cash, Conventional, Sale
Water Water Connected
Year Built 1922

Interior Features

Full Baths 3
Stories Three
Street Suffix Street
Total Baths 3.00
Total Bedrooms 7
Unit Info: # Of Units 3
Utilities: Natural Gas Natural Gas Connected

Exterior Features

Lot Size Acres 0.1170
Lot Size Square Feet 5080.00
Mls Identifier 20180201170722572567000000

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
AVG $530K
$650K
Visits
AVG 208
964
Year Built
AVG 1922
1922
Walkscore
AVG 74
83
Data Provided by Walkscore ® not using MLS data