132 E Third Street

    Lexington, KY 40508
    • $589,900
    • STATUS: Active
    • ON SITE: 104 days
    • MLS #: 1806694
    UPDATED: 155 min ago
    $589,900
    • 0
      BEDS
    • 0.2
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,042
      SQFT
    • $194
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1830
    County:

    School Ratings & Info

    Description

    One of the spectacular urban revitalization projects in the historic Third Street block of downtown Lexington, this renovated residence in 2005, now encompasses 3 chic loft style apartments. The combination of old and new was masterfully designed by Fitzsimons Architecture and meticulously constructed by Patrick McGee of Churchill McGee Construction & Design. All units leased. Generous lot backs up to Huston Alley. Possibilities for increased parking, an addition. Current zoning could allow residential, commercial, or retail usage. Amazing Airbnb opportunity, great investment property, perfect live/work space, complete with amazing features like soaring ceilings, wood floors, creative floor plans, exposed brick, and much more. See attached docs for more info. Classic opportunity in the heart of historic downtown. Zoning to be verified by buyer.

    Monthly Payment Calculator

    The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than Better Homes and Garden Real Estate Cypress 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.lexingtonkyhomesearch.com/homes/82295618

    132 E Third Street Lexington, KY 40508

    • Price: $589,900
    • Status: Active
    • Updated: 155 min ago
    • MLS #: 1806694
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.2
    Acres
    3,042
    SQFT
    $194
    $/SQFT
    1830
    Built
    Neighborhood:
    Downtown
    County:
    Fayette
    Area:
    Fayette County Ne 2
    Property Description
    One of the spectacular urban revitalization projects in the historic Third Street block of downtown Lexington, this renovated residence in 2005, now encompasses 3 chic loft style apartments. The combination of old and new was masterfully designed by Fitzsimons Architecture and meticulously constructed by Patrick McGee of Churchill McGee Construction & Design. All units leased. Generous lot backs up to Huston Alley. Possibilities for increased parking, an addition. Current zoning could allow residential, commercial, or retail usage. Amazing Airbnb opportunity, great investment property, perfect live/work space, complete with amazing features like soaring ceilings, wood floors, creative floor plans, exposed brick, and much more. See attached docs for more info. Classic opportunity in the heart of historic downtown. Zoning to be verified by buyer.
    Exterior Features

    Construction Brick Dock Doors 0 Docks None Drive In Doors 0 Lot Expansion Sq Ft 0 Parking 6 - 10 SpacesOn Site Railroad Siding No Roof Type FlatMembrane Stories Two

    Interior Features

    Ceiling Other Elevator Capacity 0 Flooring WoodTile/Brick Floors Serviced 0 Miscellaneous Air ConditioningSecurity Alarm200/400 AmpHot Water Heater Restrooms Mens 0 Restrooms Womens 0 Sq Ft Building 0 Sq Ft Common Area 0 Sq Ft Gross Leasable 0 Sq Ft Office 0 Sq Ft Retail 0 Sq Ft Warehouse 0 Water Heater Size 0

    Property Features

    Ada Accessible No Adv License And Permit 0 Annual Rent 39840 Building Expansion Potential Yes Building Expansion Sq Ft 0 Cash Flow Before Tax 0 Ceiling Height 0 Credit Losses And Vacancy 0 Current Zoning B-2-A Electric 0 Electricity Voltage 220 Elevator Services 0 Exchange No Exchange Fuel Expense 0 Gas Pipe Size 0 Gross Operating Income 0 Gross Scheduled Rent Income 39840 Inground Tank No Janitorial Services 0 Land Lease 0 Lawn Services 0 Less Operating Expense 0 Net Operating Income 0 Occupancy 0 Occupant Type Tenant Other Income 0 Payroll 0 Personal Property Taxes 0 Possession Close Of EscrowNegotiable Property Insurance 0 Property Management 0 Property Subtype1 Mixed Use Real Estate Taxes 0 Repairs And Maintenance 0 Rubbish Services 0 Sale Or Lease Includes BuildingsLandLeases Sewer Sewer Connected Sewer And Water 0 Sprinklers None Tax Rate 1.2174 Telephone 0 Tenant Pays ElectricGasWaterSewer Terms Sale Total Annual Debt Service 0 Total Gross Income 0 Total Operating Expense 0 Utilities On Site Electricity AvailableNatural Gas AvailableWater AvailableTelephone Water Pipe Size 0

    Listing provided courtesy of Todd Tyler of Kentucky Real Estate Group. Listing information © 2018 LBAR Multiple Listing Service. All rights reserved.
    The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than Better Homes and Garden Real Estate Cypress 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.
     
    Better Homes and Garden Real Estate Cypress
    3221 Summit Square Place, Ste 200
    Lexington KY, 40590