509 W Third Street (Off Market)

For Sale, USD 675,000


509 W Third Street, Lexington, KY, 40508,

Property Type : Multi-Family Home

Property Style : N/A

Build Size : 3,585 ft² / 333 m²

Land Size : N/A

Bedroom : 5

Bathroom : 4

Half Bathroom : 0

MLS#: 26007853


Property Description

Turn-key four-plex income property in one of downtown Lexington's most sought-after locations—the thriving Jefferson Corridor, surrounded by recently completed high-end developments. This investment opportunity is currently fully leased, generating over $50,000 in annual rental income with low maintenance requirements. Major system upgrades include high-efficiency heating and cooling, along with updated electrical that is separately metered completed in 2021—offering flexibility for potential individual unit sale. While preserving its original charm featuring vaulted ceilings, beautiful hardwood floors, and classic window moldings. Residents have in-unit washer and dryer and a private fenced backyard with community firepit. Additional highlights include on-site garage parking with extra parking available. Ideally located with short distance to the University of Kentucky, Rupp Arena, Transylvania University, as well as popular dining and entertainment destinations such.
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509 W Third Street, United States,Kentucky,Lexington is a 3,585ft² Lexington luxury Multi-Family Home listed for sale USD 675,000. This high end Lexington Multi-Family Home is comprised of 5 bedrooms and 4 baths. Find more luxury properties in Lexington or search for luxury properties for sale in Lexington.