613 Shropshire Avenue Lexington KY 40508

$600,000

Rooms&Units Description

  • Unit Info: # of Units: 6
  • Unit Info: # of Vacant Units: 1

Location Details

  • County: Fayette, Fayette
  • Area Desc: 002 - Fayette County NE
  • Directions: E 3rd St toward Winchester Road, Right turn on Shropshire Ave. Building on Left.
  • Intermediate School: Not Applicable

Property Details

  • Number of Buildings: One
  • Number of Stories: One
  • Possession: Close Of Escrow

Property Features

  • Roof: Shingle
  • Cooling: Window Unit(s)
  • Heating: Baseboard,Electric,Forced Air
  • Parking: 6 - 10 Spaces
  • Utilities: Electricity: Electricity Available
  • Utilities: Sewer: Sewer Connected
  • Utilities: Water: Water Connected

Basics

Date added Added 3 months ago Category Type Status
Bathrooms 0.00 baths Lot size 0.2010 acres Year built 1965 MLS ID 22026752

Miscellaneous

  • Financial Info: Gross Scheduled Rental Income: 49500

Courtesy of

  • Office Name: Mayca Property Solutions
  • Office ID: 20230328140509969693000000

Description

  • 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.

Location

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This is located at 613 Shropshire Ave, Lexington, KY 40508, USA, is categorized under , and has been listed on KY Prime Realty. This property is listed at $600,000. It has bedrooms, 0.00 baths bathrooms, and is . The property was built in 1965.

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