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320 W Main Street

Stanford, KY 40484
  • $185,000
  • STATUS: Closed
  • ON SITE: 374 Days
  • MLS #: 23020536
Sold - 01/03/2024
$185,000
SOLD - 01/03/2024
  • 6
    BEDS
  • 0.3
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Very nice income producing property with excellent location in the heart of Stanford. Older 1 1/2 story home has 4 apartments. The main floor has eat in kitchen, 2 BR, bath, WD hookup, porch. Upstairs is 2 BR, with lot of closet space, 1 bath, kitchen, utility rm, window AC. The bsmt is divided into two separate efficiency apts with kitchen, den, and bath. One has 1 BR, the other is 2 BR. Gas heat, gas water heaters. Nice detached garage for storage or extra rental income. Very solid rental history and consistent cash flow producer. Very close to shopping, eating, park, historic downtown Stanford.

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Lexington-Bluegrass Association of Realtors logo
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Bluegrass REALTORS® Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than The Lane Team | Bluegrass Sotheby's International Realty are marked with the IDX logo and detailed information about them includes the name of the listing IDX Brokers. Information is deemed reliable but is not guaranteed accurate by the MLS or listing broker.
www.laneteamky.com/homes/144626575
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320 W Main Street Stanford, KY 40484

  • Price: $197,800
  • Status: Closed
  • On Site: 374 Days
  • Updated: 38 min ago
  • MLS #: 23020536
6
Beds
4
Baths
0
½ Baths
0.3
Acres
Neighborhood:
Downtown
County:
Lincoln
Area:
Lincoln County
Elementary School:
Stanford
Middle School:
Lincoln Co
High School:
Lincoln Co
School District:
Lincoln County
Property Description
Very nice income producing property with excellent location in the heart of Stanford. Older 1 1/2 story home has 4 apartments. The main floor has eat in kitchen, 2 BR, bath, WD hookup, porch. Upstairs is 2 BR, with lot of closet space, 1 bath, kitchen, utility rm, window AC. The bsmt is divided into two separate efficiency apts with kitchen, den, and bath. One has 1 BR, the other is 2 BR. Gas heat, gas water heaters. Nice detached garage for storage or extra rental income. Very solid rental history and consistent cash flow producer. Very close to shopping, eating, park, historic downtown Stanford.
Exterior Features

Parking 1 - 5 Spaces Roof Composition Stories 1 1/2 Structure Type ApartmentsOther

Interior Features

Cooling CombinationWindow Unit(s) Heating Forced AirNatural Gas Sprinklers None

Property Features

Current Zoning Residential Electric Expenses 3350 Gross Operating Income 28080 Gross Scheduled Rental Income 2340 Intermediate School Not Applicable Lot Expansion Potential No Possession Landlord Property Insurance Expenses 1400 Real Estate Taxes 1200 Rubbish Services Expenses 180 Tax Rate 1.10 Terms Conventional Total Operating Expenses 9300

Bluegrass REALTORS® logo Listing provided courtesy of Cliff-Ed Irvin of Irvin Group Realtors & Auctioneers: (859) 792-2521 . Listing information © 2024 Bluegrass REALTORS® Multiple Listing Service. All rights reserved.
Lexington-Bluegrass Association of Realtors logo
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Bluegrass REALTORS® Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than The Lane Team | Bluegrass Sotheby's International Realty are marked with the IDX logo and detailed information about them includes the name of the listing IDX Brokers. Information is deemed reliable but is not guaranteed accurate by the MLS or listing broker.
 
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The Lane Team | Bluegrass Sotheby's International Realty
1999 Richmond Rd., Ste. 400
Lexington KY, 40502