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1606 Alexandria Drive

Lexington, KY 40504
  • $520,000
  • STATUS: Pending
  • ON SITE: 7 Days
  • MLS #: 22009145
Pending
UPDATED: 78 min ago
$520,000
  • 8
    BEDS
  • 0.25
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
  • 5,808
    SQFT
  • $90
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1963
County:

School Information

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

Description

Mooove quickly! Cash Cow coming through! This highly desirable and rarely vacant apartment building is coming available. Building consists of 8 one-bedroom units, interior hallways, front and rear common balconies, individual locked storage rooms, coin-operated laundry facility, secure entrance and covered parking for all units. This building is fully occupied, with numerous tenants having lived there for many, many years! See expense reports in Other Documents. Rarely available, priced right, and won't last long. Be your own boss and enjoy the steady stream of revenue from this unique opportunity. Schedule your showing today!

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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 Vanessa Vale Team | Keller Williams Greater Lexington 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.vanessavale.com/homes/128670605
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1606 Alexandria Drive Lexington, KY 40504

  • Price: $520,000
  • Status: Pending
  • On Site: 7 Days
  • Updated: 78 min ago
  • MLS #: 22009145
8
Beds
8
Baths
0
½ Baths
0.25
Acres
5,808
SQFT
$90
$/SQFT
1963
Built
Neighborhood:
Gardenside
County:
Fayette
Area:
Fayette County Sw 4
Elementary School:
Lane Allen
Middle School:
Beaumont
High School:
Lafayette
School District:
Fayette County
Property Description
Mooove quickly! Cash Cow coming through! This highly desirable and rarely vacant apartment building is coming available. Building consists of 8 one-bedroom units, interior hallways, front and rear common balconies, individual locked storage rooms, coin-operated laundry facility, secure entrance and covered parking for all units. This building is fully occupied, with numerous tenants having lived there for many, many years! See expense reports in Other Documents. Rarely available, priced right, and won't last long. Be your own boss and enjoy the steady stream of revenue from this unique opportunity. Schedule your showing today!
Exterior Features

Lot Front Footage 80 Parking 6 - 10 SpacesCoveredOn SitePaved Roof Other Stories Two Structure Type Apartments

Interior Features

Heating Hot Water

Property Features

Current Zoning R-2 Intermediate School Not Applicable Less Operating Expenses 31371 Net Operating Income 28361 Number Of Vacant Units 0 Possession Close Of Escrow Property Amenities Coin Laundry Tax Rate 1.2727 Terms CashConventionalSale Total Gross Income 52733 Vacancy Percent 0.00

Listing provided courtesy of Daniel Delaney of Rector Hayden, Realtors. 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 Vanessa Vale Team | Keller Williams Greater Lexington 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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Vanessa Vale Team | Keller Williams Greater Lexington
1908 Bryant Rd, STE. 250
Lexington KY, 40509