300-304 Madison Place

Description

Unique Investment Opportunity in Downtown Lexington! This private campus setting is located on High Street and Madison Place, directly across from Gatton Park and Central Bank Center. Three parcels consisting of 724 West High (incredible carriage house with 2-car garage and office/residence on 2nd level), 300 Madison Place (historic tri-plex with mid- and short-term rental potential) and 304 Madison Place - (an adjoining vacant lot with parking and green space). You can make this your forever estate by converting the triplex to a single family home or maintain its current use as rental property and construct an additional building on the vacant lot at 304 Madison Place. The Properties are zoned R-2. The property offers several off-street parking spaces in addition to the parking in the garage of the Carriage House.Property Highlights:-Outstanding Location-Short & Midterm Rental Potential-Architectural Design-Abundant Off-Street ParkingIdeally located in historic Woodward Heights, steps away from the new Amphitheater at Gatton Park, Central Bank Center/Rupp Arena, the central Business District, and local shopping/restaurants!