• Asking Price $600,000
  • Estimated Value: $93,691
  • 613 SHROPSHIRE AVE LEXINGTON, KY 40508

  • Townhouse or Condo / Resale (MLS)

Property Details for 613 SHROPSHIRE AVE, LEXINGTON, KY 40508

Features

  • Lot Size: 8751 sq. ft.
  • Total Units: 6
  • Stories: 100
  • Heating: Baseboard,Forced Air
  • Exterior Walls: Concrete Block

Facts

  • Year Built: 01/01/1965
  • Property ID: 848010229
  • MLS Number: 22026752
  • Parcel Number: 12348100
  • Property Type: Townhouse or Condo
  • County: FAYETTE
  • Legal Description: 1-030 LOUDON PARK LOT PT 7 8; BOOK: 3709 PAGE: 641
  • Zoning: R-3
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. 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. Building is now fully leased with 100% occupancy. Other units can be viewed with accepted contract. The building and location also has strong potential for short term rental.

Real Estate Professional In Your Area

Need help finding a home?
Contact a Real Estate Pro.



Are you a Real Estate Agent?

Get Premium leads by becoming a UltraForeclosures.com preferred agent for listings in your area

Learn More

Click here to view more details
Property Brokerage: Mayca Property Solutions 271 W Short St Ste 804 Lexington KY 40507
Copyright © 2024 Lexington-Bluegrass Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.



All information provided is deemed reliable, but is not guaranteed and should be independently verified.