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613 Shropshire Avenue

Lexington, KY 40508
  • $600,000
  • STATUS: Active
  • ON SITE: 33 Days
  • MLS #: 22026752
UPDATED: 39 min ago
$600,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1965
County:

School Ratings & Info

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. Unit 3 is currently vacant for easy access. Other units can be viewed with accepted contract. The building and location also has strong potential for short term rental.

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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/135588872
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613 Shropshire Avenue Lexington, KY 40508

  • Price: $600,000
  • Status: Active
  • On Site: 33 Days
  • Updated: 39 min ago
  • MLS #: 22026752
0
Beds
0
Baths
0
½ Baths
0.2
Acres
1965
Built
Neighborhood:
Downtown
County:
Fayette
Area:
Fayette County Ne 2
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. Unit 3 is currently vacant for easy access. Other units can be viewed with accepted contract. The building and location also has strong potential for short term rental.
Exterior Features

Parking 6 - 10 Spaces Roof Shingle Stories One Structure Type Apartments

Interior Features

Cooling Window Unit(S) Heating BaseboardElectricForced Air

Property Features

Current Zoning R-3 Gross Scheduled Rental Income 49500 Intermediate School Not Applicable Number Of Vacant Units 1 Possession Close Of Escrow

Bluegrass REALTORS® logo Listing provided courtesy of Brian Raisler of Sage Real Estate: (888) 920-0920 . Listing information © 2023 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