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    321 Clay Avenue

    Lexington, KY 40502
    • $555,000
    • STATUS: Active
    • ON SITE: 61 days
    • MLS #: 20114609
    UPDATED: 30 min ago
    $555,000
    • 3
      BEDS
    • 0.14
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    • 1,843
      SQFT
    • $301
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1950
    County:

    School Information

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

    Description

    This is a fantastic opportunity for an owner occupant or investor! This beautiful historic triplex is in a great location minutes from Chevy Chase, UK, Kroger's, Woodland Park, downtown, shopping, and restaurants. The current monthly income is over $2k, two units are leased, the 3rd is a successful Airbnb. This property could easily be converted back into a single-family home. The roof was replaced in 2016, The Large downstairs Apartment rents for $695/month, including utilities (currently rented under market value to a long-term tenant). This unit has central Air, gas furnace with electric heat pump, original hardwood floors and wood trim throughout, a beautifully tiled fireplace and mantel (non-working) and a custom built in wardrobe, ceiling fans, updated windows, kitchen with gas range, refrigerator, laundry room, mudroom, access to the unfinished basement, large wrap around front porch. Unit # 2 is a successful Airbnb that averages $775/month, priced low, central Air, separate gas furnace, updated kitchen. . Super cute upstairs Studio Apartment with a 'treehouse' feel, is currently leased for $595 + electric, baseboard heat and window AC ,with a private deck.

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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/119717050
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    321 Clay Avenue Lexington, KY 40502

    • Price: $555,000
    • Status: Active
    • Updated: 30 min ago
    • MLS #: 20114609
    3
    Beds
    3
    Baths
    0
    ½ Baths
    0.14
    Acres
    1,843
    SQFT
    $301
    $/SQFT
    1950
    Built
    Neighborhood:
    Uk Campus
    County:
    Fayette
    Area:
    Fayette County Se 3
    Elementary School:
    Cassidy
    Middle School:
    Morton
    High School:
    Henry Clay
    School District:
    Fayette County
    Property Description
    This is a fantastic opportunity for an owner occupant or investor! This beautiful historic triplex is in a great location minutes from Chevy Chase, UK, Kroger's, Woodland Park, downtown, shopping, and restaurants. The current monthly income is over $2k, two units are leased, the 3rd is a successful Airbnb. This property could easily be converted back into a single-family home. The roof was replaced in 2016, The Large downstairs Apartment rents for $695/month, including utilities (currently rented under market value to a long-term tenant). This unit has central Air, gas furnace with electric heat pump, original hardwood floors and wood trim throughout, a beautifully tiled fireplace and mantel (non-working) and a custom built in wardrobe, ceiling fans, updated windows, kitchen with gas range, refrigerator, laundry room, mudroom, access to the unfinished basement, large wrap around front porch. Unit # 2 is a successful Airbnb that averages $775/month, priced low, central Air, separate gas furnace, updated kitchen. . Super cute upstairs Studio Apartment with a 'treehouse' feel, is currently leased for $595 + electric, baseboard heat and window AC ,with a private deck.
    Exterior Features

    Parking 1 - 5 Spaces Roof Composition Stories 1 1/2 Structure Type Apartments

    Interior Features

    Cooling Combination Heating Heat Pump Sprinklers None

    Property Features

    Current Zoning R-3 Intermediate School Not Applicable Number Of Vacant Units 0 Other Amenities GarageStorage Building Possession Close Of Escrow Tax Rate 1.2777 Terms Sale Vacancy Percent 0.00

    Listing provided courtesy of Lee King of The Kinglander Company. 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 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