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    175 Walton Avenue

    Lexington, KY 40508
    • $335,000
    • STATUS: Closed
    • ON SITE: 67 days
    • MLS #: 20113933
    Sold - 08/16/2021
    $335,000
    SOLD - 08/16/2021
    • 5
      BEDS
    • 0.23
      ACRES
    • 6
      BATHS
    • 0
      1/2 BATHS
    • 2,700
      SQFT
    • $124
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1910
    County:

    School Information

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

    Description

    Here is your opportunity to own an excellent 5 unit investment property at downtown Lexington's famous Walton Avenue! One unit is 1 bedroom 2 full bath and Four units are 1 bedroom 1 bath. Several updates have been completed in the last 6 months such as: converting 1/2 bath to full bath, 3 bathroom remodels, upgraded electric, replaced plumbing pipes to pex, added French door to laundry area, Ring camera floodlight added, insulation, drywall and painted upstairs, 2 new window A/C units, etc. A positive cash flow out of the starting gate and a smart way to build wealth in real estate! Handy 8X12 storage building and ample parking space. Upstairs bedroom loft in unit 1 is ready for a minisplit, however seller just got a job transfer. Landlord is paying utilities. Walking distance to restaurants and more! Excellent rental history! Live in one unit and let the others pay your mortgage! Call today for a private showing! All leases are on month to month. Unit 1 vacant $875 / Unit 2 $600 / Unit 3 & 4 $750 each / Unit 5 $600 / Other $40 --Total current: $2,740--Total if all units are rented: $3,615

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    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/119411558
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    175 Walton Avenue Lexington, KY 40508

    • Price: $359,000
    • Status: Closed
    • Updated: 66 min ago
    • MLS #: 20113933
    5
    Beds
    6
    Baths
    0
    ½ Baths
    0.23
    Acres
    2,700
    SQFT
    $124
    $/SQFT
    1910
    Built
    Neighborhood:
    Bell Court
    County:
    Fayette
    Area:
    Fayette County Ne 2
    Elementary School:
    Ashland
    Middle School:
    Lexington Trad
    High School:
    Henry Clay
    School District:
    Fayette County
    Property Description
    Here is your opportunity to own an excellent 5 unit investment property at downtown Lexington's famous Walton Avenue! One unit is 1 bedroom 2 full bath and Four units are 1 bedroom 1 bath. Several updates have been completed in the last 6 months such as: converting 1/2 bath to full bath, 3 bathroom remodels, upgraded electric, replaced plumbing pipes to pex, added French door to laundry area, Ring camera floodlight added, insulation, drywall and painted upstairs, 2 new window A/C units, etc. A positive cash flow out of the starting gate and a smart way to build wealth in real estate! Handy 8X12 storage building and ample parking space. Upstairs bedroom loft in unit 1 is ready for a minisplit, however seller just got a job transfer. Landlord is paying utilities. Walking distance to restaurants and more! Excellent rental history! Live in one unit and let the others pay your mortgage! Call today for a private showing! All leases are on month to month. Unit 1 vacant $875 / Unit 2 $600 / Unit 3 & 4 $750 each / Unit 5 $600 / Other $40 --Total current: $2,740--Total if all units are rented: $3,615
    Exterior Features

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

    Interior Features

    Cooling ElectricWindow Unit(S) Heating Electric Sprinklers None

    Property Features

    Age Of Roof 1 Current Zoning M Multi-Family Electric Expenses 255 Intermediate School Not Applicable Number Of Vacant Units 1 Possession Close Of Escrow Sewer And Water Expenses 110 Tax Rate 1.277

    Listing provided courtesy of Sarah B Espinosa of Re/Max Creative Realty. Listing information © 2021 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.
     
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    Better Homes and Garden Real Estate Cypress
    3221 Summit Square Place, Ste 200
    Lexington KY, 40590
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