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    265 S Highland Street

    Winchester, KY 40391
    • $90,000
    • STATUS: Sold
    • ON SITE: 59 days
    • MLS #: 20023722
    Sold - 12/18/2020
    $90,000
    SOLD - 12/18/2020
    • 8
      BEDS
    • 0.14
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    • 4,750
      SQFT
    • $19
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1940
    County:
    Area:

    School Information

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

    Description

    This large, well-built, brick 4-plex has huge upside. Gross income potential of well over $2,000 per month. Last rented for several years to a single tenant who occupied the entire first floor for $950 per month. Second floor has not been occupied in several years, and needs work. Owner will make no repairs. Inspections welcome, but sold AS IS. First level units remodeled in 2013. New roof shingles and flashing in 2020. Multi-pane Windows installed in appx. 2010. Two new gas furnaces and air compressing units installed in 2013. Two additional older gas furnaces serve the second level.

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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/112240247
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    265 S Highland Street Winchester, KY 40391

    • Price: $99,000
    • Status: Sold
    • Updated: 36 min ago
    • MLS #: 20023722
    8
    Beds
    4
    Baths
    0
    ½ Baths
    0.14
    Acres
    4,750
    SQFT
    $19
    $/SQFT
    1940
    Built
    Neighborhood:
    Downtown
    County:
    Clark
    Area:
    Clark County
    Elementary School:
    Conkwright
    Middle School:
    Robert Campbell
    High School:
    Grc
    School District:
    Clark County
    Property Description
    This large, well-built, brick 4-plex has huge upside. Gross income potential of well over $2,000 per month. Last rented for several years to a single tenant who occupied the entire first floor for $950 per month. Second floor has not been occupied in several years, and needs work. Owner will make no repairs. Inspections welcome, but sold AS IS. First level units remodeled in 2013. New roof shingles and flashing in 2020. Multi-pane Windows installed in appx. 2010. Two new gas furnaces and air compressing units installed in 2013. Two additional older gas furnaces serve the second level.
    Exterior Features

    Lot Expansion Potential No Lot Expansion Sq Ft 0 Lot Size 6312 Parking Off Site Roof Shingle Roof Age 0 Stories Two

    Interior Features

    Common Air Conditioning Electric Common Heat Forced Air Fuel Gas Fuel Source Gas Laundry Sq Ft 0 Sq Ft Common Area 0

    Property Features

    Building Expansion Potential No Building Expansion Sq Ft 0 Cash Flow Before Tax 0 Credit Losses And Vacancy 0 Current Zoning R-1C (Grandfathered Use) Electric 0 Financing Cash Fuel Expense 0 Gross Operating Income 0 Gross Scheduled Rent Income 2600 Janitorial Services 0 Lawn Services 0 Less Operating Expense 0 Net Operating Income 0 New Construction No Occupant Type Vacant Other Income 0 Personal Property Taxes 0 Possession Close Of Escrow Property Insurance 0 Property Management 0 Property Type Quad Real Estate Taxes 0 Repairs And Maintenance 0 Resident Manager 0 Rubbish Services 0 Sewer And Water 0 Sprinklers None Tax Rate 1.13021 Terms Sale Total Annual Debt Service 0 Total Gross Income 0 Total Operating Expense 0 Vacant Units 4 Water Services 0

    Listing provided courtesy of Sondra Clark of Taylor Real Estate, Llc. 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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