Attention Investors! This is a 10 unit building, 6 one bedrooms, 4 two bedrooms. All units have refrigerator and stove and are metered seperately for utilities. There is a large attic space for storage or possibly additonal rentals. 2 bedroom units could be easily modified to a 3 bedroom by enclosing the dining room and adding a closet. Seller would prefer to sell as a part of a package with 20-4 plexes located at 1969,1973,1977, 1981, 2005 Cambridge Drive MLS #24024816 and 1904 Cambridge Drive (12 units) MLS #24024820. All units are within a .5 mile radius of each other.
Great investment opportunity! Selling as a package which includes the following 20 total units. Five 4 plexes, 1969, 1973, 1977, 1981, 2005 Cambridge Drive. There are 20- two bedroom,1 bath units, all have washer/dryer connections and refrigerator and stove, gas furnace and central air. Units are all metered separately. There are two additional listings with this portfolio that are within 1/2 mile radius of this property also for sale. 12 units at 1904 Cambridge Drive MLS# 24024820 and 10 units at 1921 Oxford Circle. MLS#24024819. Seller would prefer to sell all of them as a package.
The median home value in Lexington, KY is $311,578. This is higher than the county median home value of $266,700. The national median home value is $338,100. The average price of homes sold in Lexington, KY is $311,578. Approximately 53.76% of Lexington homes are owned, compared to 39.65% rented, while 6.58% are vacant. Lexington real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lexington real estate agent to arrange a tour today!
Lexington, Kentucky 40504 has a population of 313,593. Lexington 40504 is less family-centric than the surrounding county with 28.38% of the households containing married families with children. The county average for households married with children is 30.98%.
The median household income in Lexington, Kentucky 40504 is $70,578. The median household income for the surrounding county is $61,526 compared to the national median of $69,021. The median age of people living in Lexington 40504 is 37.2 years.
The average high temperature in July is 85.8 degrees, with an average low temperature in January of 23.96 degrees. The average rainfall is approximately 46.19 inches per year, with 9.56 inches of snow per year.