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509 W Third Street

Lexington, KY 40508
  • $530,000
  • STATUS: Closed
  • ON SITE: 120 Days
  • MLS #: 22000838
Sold - 02/21/2022
$530,000
SOLD - 02/21/2022
  • 5
    BEDS
  • 0.08
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,585
    SQFT
  • $148
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1920
County:

School Information

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

Description

Walking distance to Transylvania, this Quadplex income property yielding $43,488/year is your 2022 investment opportunity. It's a 2-story home, zoned R-2, converted to a quadplex. All units are currently rented. Each plex offers 1 car detached partially covered garage with opener; and each unit also has a washer/dryer to convey with the sale.Three of the units are 1-bedroom and the 4th unit is a 2 bedroom; all units have 1 full bath. Numerous repairs were completed in April 2021. Your new investment opportunity eagerly awaits its new investor.

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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/124817999
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509 W Third Street Lexington, KY 40508

  • Price: $540,000
  • Status: Closed
  • On Site: 120 Days
  • Updated: 40 min ago
  • MLS #: 22000838
5
Beds
4
Baths
0
½ Baths
0.08
Acres
3,585
SQFT
$148
$/SQFT
1920
Built
Neighborhood:
Downtown
County:
Fayette
Area:
Fayette County Nw 1
Elementary School:
Picadome
Middle School:
Jessie Clark
High School:
Lafayette
School District:
Fayette County
Property Description
Walking distance to Transylvania, this Quadplex income property yielding $43,488/year is your 2022 investment opportunity. It's a 2-story home, zoned R-2, converted to a quadplex. All units are currently rented. Each plex offers 1 car detached partially covered garage with opener; and each unit also has a washer/dryer to convey with the sale.Three of the units are 1-bedroom and the 4th unit is a 2 bedroom; all units have 1 full bath. Numerous repairs were completed in April 2021. Your new investment opportunity eagerly awaits its new investor.
Exterior Features

Carport YN No Construction Materials Other Exterior Features Porch Fencing Partial Foundation Details Block Garage Features Detached Garage YN Yes Roof CompositionFlat Stories One Structure Type House Window Features Blinds

Interior Features

Appliances DryerOvenRefrigeratorWasher Basement Crawl Space Basement YN No Cooling Electric Finished Area Total 3585.00 Flooring HardwoodOtherVinyl Heating ElectricNatural Gas Interior Features Bedroom First FloorCeiling Fan(S)Dining AreaEat-In KitchenEntrance FoyerEntrance Foyer - 2 Story Laundry Features Main LevelWasher Hookup Unfinished Area Total 0.00

Property Features

Hoa Mandatory YN No Intermediate School Not Applicable Property Sub Type Single Family Residence Sewer Public Sewer Tax Rate 1.27 Water Source Public

Listing provided courtesy of James Murphy of Keller Williams Greater Lexington. Listing information © 2022 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
3399 Tates Creek Rd., Suite 150
Lexington KY, 40502
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