Lexington, KY 40508,613 Shropshire Avenue
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Lexington, KY 40508,613 Shropshire Avenue
Lexington, KY 40508,613 Shropshire Avenue
Lexington, KY 40508,613 Shropshire Avenue
Lexington, KY 40508,613 Shropshire Avenue

$52,000

Est. payment /mo

$600,000

91.3%
Est.Price: ?

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613 Shropshire Avenue Lexington, KY 40508

8,750 Sqft Lot

SOLD DATE : 09/23/2024

Key Details

Sold Price $52,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Downtown

MLS Listing ID 22026752

Sold Date 09/23/24

Year Built 1965

Lot Size 8,750 Sqft

Property 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

State KY

County Fayette

Interior

Heating Baseboard, Forced Air, Electric

Cooling Window Unit(s)

Exterior

Waterfront No

View Y/N N

Roof Type Shingle

Building

New Construction No

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Imagine MLS / Bluegrass Association of REALTORS (LBAR)
Listed by Mayca Property Solutions

KASEY MCCARTY

Broker

+1(859) 428-7960

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