$720,000
$699,000
3.0%For more information regarding the value of a property, please contact us for a free consultation.
251 East Maxwell Lexington, KY 40508
5 Beds
4 Baths
10,224 Sqft Lot
Key Details
Sold Price $720,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Uk Campus
MLS Listing ID 20122547
Sold Date 01/07/22
Style Low Rise
Bedrooms 5
Full Baths 2
Half Baths 2
Year Built 1914
Lot Size 10,224 Sqft
Property Description
The property was renovated in 2007 and underwent a cosmetic renovation in 2020 with new floors and paint. Currently configured with a commercial style kitchen, large dining area with custom cabinetry, great open living area, 2 half bathrooms and 1 full bathroom, and private offices on the first floor. The second floor offers a communal 4 stall shower/3 stall restroom, 5 bedrooms with potential for multiple beds in each, and a 6th room without a closet presenting an easy opportunity for a new owner to create an additional bedroom/unit. The third floor features private offices which could be converted to create additional bedrooms, and the basement with washer dryers and ample storage space- all complimented by an outdoor patio area, screened in patio, interior patio/Florida room, and a private parking lot offering approximately 8 parking spaces plus free street parking. Great to service communal living in its current configuration, and set up for conversion to multi family apartments with opportunities on each floor to convert rooms to bedrooms. The owner has a conditional use permit to operate a rehabilitation home at this location, Buyer to verify that conditional use transfers
Location
State KY
County Fayette
Exterior
Waterfront No
View Y/N N
Building
New Construction No
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