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175 Walton Avenue

Lexington, KY 40508
  • $359,000
  • STATUS: Active
  • ON SITE: 8 days
  • MLS #: 20113933
$359,000
  • 5
    BEDS
  • 0.23
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
  • 2,700
    SQFT
  • $133
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1910
County:

School Information

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

Description

Financing just fell thru and this property is back on the market for sale! 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 Judd Hisel | Ciara Hagedorn | Better Homes & Gardens 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.comehometolex.com/homes/119411558
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175 Walton Avenue Lexington, KY 40508

  • Price: $359,000
  • Status: Active
  • MLS #: 20113933
5
Beds
6
Baths
0
½ Baths
0.23
Acres
2,700
SQFT
$133
$/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
Financing just fell thru and this property is back on the market for sale! 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 Judd Hisel | Ciara Hagedorn | Better Homes & Gardens 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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Judd Hisel | Ciara Hagedorn | Better Homes & Gardens Real Estate Cypress
3221 Summit Square Place, Suite 200
Lexington KY, 40509