- For Sale $2,125,000
- Property Type Multi-Family
- Property Size 15,000 SF
- Units 26
- Lot Size 0.34 Acre
- Date Updated Apr 24, 2024
Rare opportunity to own a 26 unit- (25 units are- 1 bedroom 1 bath - approximately 600 square feet per unit) ( one unit an efficiency-currently being built out) apartment building in south Lexington.
21 of the units have been 100% renovated in modern finishes and colors.
4 units - one bedroom one bath under renovation currently
1 unit is an efficiency - currently being built out.
Parking lot in the rear recently blacktopped.
Front Windows replaced
Rear windows replaced
New laundry Machines
Dumpster Enclosure replaced
New Backflow Preventor added
New electronic Deadbolt locks
Opportunity for Loan assumption with favorable terms - roughly seven years left at 3.62 percent - non recourse financing - must be approved from lender and there are fees involved that a potential buyer will be responsible for paying as part of the approval process.
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
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Contacts
Stuart Stebleton
The Gibson Company
(248) 318-0881
Location
Getting Around
-
Walk Score ®
Somewhat Walkable (61) -
Transit Score ®
Some Transit (26) -
Bike Score ®
Somewhat Bikeable (46)
- City Lexington, KY
- Neighborhood Gardenside
- Zip Code 40504
- Market Lexington
Points of Interest
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Kroger Fuel Center
0.22 miles
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Speedway
0.46 miles
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Valero
0.98 miles
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Marathon
0.99 miles
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Shell
1.34 miles
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Kroger Fuel Center
1.39 miles
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Gulf
1.75 miles
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Thorntons
1.76 miles
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Marathon
1.80 miles
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Speedway
1.81 miles
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Kentucky One Health Parking
1.42 miles
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Parking lot for Royal Lexington
2.14 miles
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Parking Structure #6
2.18 miles
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The Lex parking
2.23 miles
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Newtown Crossing Additional Parking
2.28 miles
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Parking Structure #8
2.32 miles
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C Lot
2.33 miles
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Meter and Permit Parking
2.39 miles
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Metered Parking
2.40 miles
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Park and Shuttle
2.40 miles
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Pizza Hut
0.49 miles
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McDonald's
0.49 miles
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KFC
0.50 miles
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Long John Silver's
0.50 miles
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El Buen Taco
0.52 miles
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Lex Lounge
0.55 miles
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Taqueria Ramirez
0.55 miles
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Restaurante Aguascalientes
0.56 miles
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Brasabana
0.91 miles
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Domino's
0.95 miles
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James Lane Allen Elementary School
0.30 miles
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The Lexington School
0.57 miles
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Beaumont Middle School
0.95 miles
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Cardinal Valley Elementary School
1.04 miles
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Rosa Parks Elementary School
1.35 miles
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Picadome Elementary School
1.49 miles
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School for the Creative and Performing Arts at Lafayette
1.70 miles
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Clays Mill Elementary School
1.75 miles
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Lafayette High School
1.86 miles
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Lexington Catholic High School
1.87 miles
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Pepperhill Day School & Camp
2.30 miles
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Fayette Cooperating Preschool & Kindergarten
2.51 miles
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Wee Care
3.14 miles
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The Nest Center for Women, Children and Families
3.59 miles
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ABC 123 Learning Center
3.82 miles
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Center For Children
4.16 miles
Contact Listing Broker
Stuart Stebleton
The Gibson Company
(248) 318-0881