Expand your portfolio with this fantastic tenant-occupied property! This spacious 4-bedroom, 3-full-bath home features a full walk-out basement and is situated in a desirable neighborhood, providing consistent rental income until the end of December 2025. The property includes a first-floor primary bedroom for easy accessibility, an eat-in kitchen perfect for gatherings, and a fully fenced yard that offers privacy and a great place to play. Enjoy outdoor entertaining on the deck, adding to the property's appeal. Currently tenant-occupied with a lease in place until December 2025, this home provides immediate cash flow.This property can also be purchased as part of a lucrative investment package, including 820 E Main Street, Danville, a well-maintained 4-plex with multiple income streams, and 132 North Locust, Versailles, another 4-plex that maximizes your rental potential. Don't miss out on this exceptional opportunity to enhance your investment portfolio with three fully occupied properties.
JTB Construction is thrilled to offer their latest project - a brand new set of 7 beautiful, new- construction townhomes situated on over half an acre in Lexington's largest subdivision, Masterson Station. This investment opportunity offers the charm of suburban tranquility within a convenient proximity to the city's vibrant amenities with both established and new commercial developments. Situated just minutes away from downtown Lexington, Masterson Station Park and the new 51 acre commercial development, Citation Centre, that also includes a brand new Publix Grocery Store. The close proximity to the I-75 corridor also makes commuting to surrounding cities a breeze. Each townhome is identical and boasts 1,360 sqft with two primary suites on the second floor and an open kitchen and dining concept on the first floor. A living area and half bath are also located on the first floor. Each unit includes all appliances with a washer and dryer hookup conveniently located on the second floor by the bedrooms. This development is a great long-term investment opportunity with minimal maintenance and incredible upside potential set in a prime location commercially and residentially!
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 40511 has a population of 313,593. Lexington 40511 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 40511 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 40511 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.