Lexington KY Multi Family for Sale
$500,000
2824 Snow Road Lexington, KY 40517
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 8
- Lot size:
- 0.52 Acres
- Year built:
- 1979
- Baths:
- 4.00
- MLS#:
- 24022025
- Subdivision:
- East Hills
View additional info
Courtesy: The Real Estate Group
859-492-8861
ADDITIONAL INFORMATION
Incredible investment opportunity in the heart of Lexington! 2824 Snow Road is a 4-unit brick veneer apartment building that combines modern living with a convenient location. All four units have been fully remodeled. Each unit offers 2 bedrooms, one full bath, in unit laundry, and a patio or balcony. Exterior features - newer roof, windows, doors, gutters and more! Interior has many updates including remodeled kitchens, bathrooms, appliances, flooring and more! This building is 100% occupied, ensuring a steady income stream from day one. The property is strategically located next to a daycare, making it an attractive option for tenants seeking comfort and convenience.Additionally, there is a second building also available for sale 2820 Snow Road, presenting a unique opportunity for investors looking to expand their portfolio in a thriving market. Don't miss out on this excellent investment opportunity!
$475,000
2820 Snow Road Lexington, KY 40517
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 8
- Lot size:
- 0.52 Acres
- Year built:
- 1979
- Baths:
- 4.00
- MLS#:
- 24022024
- Subdivision:
- East Hills
View additional info
Courtesy: The Real Estate Group
859-492-8861
ADDITIONAL INFORMATION
Incredible investment opportunity in the heart of Lexington! 2820 Snow Road is a 4-unit brick veneer apartment building that combines modern living with a convenient location. THREE of the four units have been remodeled. Each unit offers 2 bedrooms, one full bath, in unit laundry, and a patio or balcony. Newer exterior items - roof, windows, doors, patios and more. Upgraded interior features - plumbing, kitchens, bathrooms, flooring, fixtures and more! This building is 100% occupied, ensuring a steady income stream from day one. The property is strategically located next to a daycare, making it an attractive option for tenants seeking comfort and convenience.Additionally, there is a second building also available for sale, presenting a unique opportunity for investors looking to expand their portfolio in a thriving market. See MLS number 24022025. Don't miss out on this excellent investment opportunity, offered at just $475,000!
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 7
- Lot size:
- 0.26 Acres
- Year built:
- 1979
- Baths:
- 4.00
- MLS#:
- 24016299
- Subdivision:
- Carriage Lane
View additional info
Courtesy: Positive Property Management
859-260-1688
ADDITIONAL INFORMATION
This all-brick duplex presents an excellent investment opportunity, offering a strong return of 7%. With nearly 4,000 sq ft, it features two spacious units: one with 4 bedrooms and 2 full bathrooms, and the other with 3 bedrooms and 2 full bathrooms. Each side includes a large eat-in kitchen, a full finished walk-out basement, a living room, and a family room complete with a fireplace.Both units have been recently updated, showcasing fresh paint, new tile, new luxury vinyl plank flooring, and new ceiling fans. The roof was replaced in 2015, adding to the property's appeal. Currently, both sides are rented with up-to-date leases, providing immediate income. Please respect the tenants' privacy; no sign is posted in the yard. The property is being sold as-is, and inspections are welcomed. This is a fantastic addition to any real estate portfolio!
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Lexington Bluegrass Multiple Listing Service. The Broker providing this data believes them to be correct but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 Lexington Bluegrass Multiple Listing Service. All rights reserved.
Lexington Real Estate
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 40517 has a population of 313,593. Lexington 40517 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 40517 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 40517 is 37.2 years.
Lexington Weather
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.