Skip To Content

406 E Sixth Street

Lexington, KY 40508
  • $245,000
  • STATUS: Active
  • ON SITE: 65 Days
  • MLS #: 24002522
$245,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,822
    SQFT
  • $134
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1959
County:

School Information

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

Description

Explore a prime investment opportunity in the heart of downtown Lexington - an income - producing Tri-Plex with a long-term rental history and lucrative returns. Strategically located, this property features three upgraded units, offering residents comfort while ensuring a steady stream of income. With its prime location and strong rental market, this Income Producing Tri-Plex is an attractive addition to your real estate portfolio. Three units total and each unit has 1 bedroom and 1 bathroom. Buyer to Verify Sqft. One unit has 6 months left on lease, one other unit has 7 months left on lease and upstairs unit is vacant.

Monthly Payment Calculator

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/147628710
Print Image

406 E Sixth Street Lexington, KY 40508

  • Price: $245,000
  • Status: Active
  • On Site: 65 Days
  • MLS #: 24002522
0
Beds
0
Baths
0
½ Baths
0.11
Acres
1,822
SQFT
$134
$/SQFT
1959
Built
Neighborhood:
Downtown
County:
Fayette
Area:
Fayette County Ne 2
Elementary School:
William Wells Brown
Middle School:
Lexington Trad
High School:
Frederick Douglass
School District:
Fayette County
Property Description
Explore a prime investment opportunity in the heart of downtown Lexington - an income - producing Tri-Plex with a long-term rental history and lucrative returns. Strategically located, this property features three upgraded units, offering residents comfort while ensuring a steady stream of income. With its prime location and strong rental market, this Income Producing Tri-Plex is an attractive addition to your real estate portfolio. Three units total and each unit has 1 bedroom and 1 bathroom. Buyer to Verify Sqft. One unit has 6 months left on lease, one other unit has 7 months left on lease and upstairs unit is vacant.
Exterior Features

Parking 1 - 5 Spaces Roof Composition Stories Two Structure Type Triplex

Interior Features

Heating ElectricForced AirNatural Gas Sprinklers None

Property Features

Current Zoning R-3 Intermediate School Not Applicable Possession Close Of Escrow Tax Rate 1.2643 Terms Sale

Bluegrass REALTORS® logo Listing provided courtesy of Han Fan of Nexian Realty: (859) 605-3517 . 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.
 
https://bt-photos.global.ssl.fastly.net/lexington/1280_boomver_1_24002522-2.jpg https://bt-photos.global.ssl.fastly.net/lexington/1280_boomver_1_24002522-2.jpg https://bt-photos.global.ssl.fastly.net/lexington/1280_boomver_1_24002522-2.jpg
Logo
The Lane Team | Bluegrass Sotheby's International Realty
1999 Richmond Rd., Ste. 400
Lexington KY, 40502