Rare investment opportunity in a prime Lexington location! This updated 4-unit apartment complex is ideally situated next to Central Baptist Hospital and just over a mile from the University of Kentucky, offering strong rental demand and excellent convenience. Each of the four units features 2 bedrooms and 2 full baths, with spacious living rooms that provide comfortable gathering space and an ample kitchen with plenty of cabinet storage, making each unit highly desirable for tenants. All units are located on the third floor of a professional office building, offering added privacy and a unique mixed-use setting. The property includes a common laundry area with coin-operated machines, as well as both elevator and stair access for ease of entry. Tenants will also appreciate the onsite paved parking lot, a valuable amenity in this highly sought-after area. With updated interiors, generous living spaces, and a fantastic location, this property is perfect for investors looking to expand their portfolio with a low-maintenance, income-producing asset.
Listed By
Agency Name: Keller Williams Commonwealth
Shown By
Agency Title: SALLIE DAVIDSON, REALTORS
Agency Phone: 606-877-3000
Estimated Payment
$ 3,010.12 per month $2,784.08 Principal & Interest $0.00 Property Tax (data not provided by mls) $226.04 Homeowner's Insurance
1640 Nicholasville Road | MLS# 26007439
This multi-family property located at 1640 Nicholasville Road, Lexington, KY 40503 is currently listed for sale with an asking price of $775,000. Nicholasville Road is located within the Fayette County - 1 school district. Search Lexington real estate on online.salliedavidsonrealtors.com today.