Are you in the market to expand your investment portfolio? Look no further! This is an incredible opportunity to own 4 townhomes in a prime location. Three of these units have been completely renovated, and the smaller unit is lightly updated. Are all move-in ready, waiting for their new owner or tenants. These modernized homes feature updated kitchens, brand-new flooring, and contemporary finishes--perfect for attracting quality tenants, making this package a fantastic value with room for increased returns.Whether you're a seasoned investor or just starting, these townhomes provide an excellent opportunity for both immediate cash flow and long-term appreciation.Don't miss out on this chance to 4 brick townhomes to your portfolio! Truly a hands-off investment opportunity. More off-market units are available.
**Back on market due to buyer financing**UPDATED LISTING! NEW PRICE!**Welcome to this turnkey 4-unit property freshly renovated. All New windows and sliding glass doors, new roof install in May warranty transfer to new buyers, new driveway, All units have been renovated. 2 beds, 1 bath in each unit. Currently all 4 units rented. Rents are below market value with room for increase. Unit 1 renting for $950, Unit 2 renting for $1,100, Unit 3 renting for $800 Unit 4 renting for $1,150. Totaling $4,000 in rents for 4 units. Renters pay all utilities except hallway electric bill. No HOA! Excellent location close to new hospital, and new circle.
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 40509 has a population of 313,593. Lexington 40509 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 40509 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 40509 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.