Versailles KY Multi Family for Sale
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.14 Acres
- Baths:
- 4.00
- MLS#:
- 24022532
- Subdivision:
- Downtown
View additional info
Courtesy: Bluegrass Sotheby's International Realty
859-268-0099
ADDITIONAL INFORMATION
Unlock the potential of your investment strategy with this fantastic four-plex property, featuring all one-bedroom units in the desirable neighborhood of Versailles. This convenient location is not only attractive to tenants but also offers easy access to local amenities and transport. Currently tenant-occupied, this property ensures immediate cash flow and high demand due to its ideal unit configuration. This four-plex can also be purchased as part of a package deal that includes 2916 Sandersville Rd. in Lexington, a single-family home that is also tenant-occupied, and 820 East Main Street in Danville, another four-plex with tenants in place. This unique opportunity allows you to diversify and expand your real estate holdings, benefiting from multiple income sources in well-established neighborhoods. Don't miss out on enhancing your portfolio with these valuable properties; contact us today for more details.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1.02 Acres
- Year built:
- 1900
- Baths:
- MLS#:
- 24002926
- Subdivision:
- Downtown
View additional info
Courtesy: SimpliHOM
859-509-8401
ADDITIONAL INFORMATION
This property is located in downtown Versailles, adjacent to the hospital, making it a prime location for various business opportunities. It consists of a professional building with attached apartments, totaling 7500 square feet. The building operates a turnkey children's daycare business alongside four tenant-occupied apartments, making profits. The apartments include two units with two bedrooms and one bathroom each, as well as two units with one bedroom and one bathroom each. The proximity to the hospital adds convenience for potential tenants or clients, and all apartments are currently tenant occupied, providing an established rental income stream. Furthermore, the combination of professional space and residential units presents a unique mixed-use investment opportunity. The daycare business is negotiable! Financials will be shared with an accepted offer. This property is also listed under commercial.
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.
Versailles Real Estate
The median home value in Versailles, KY is $365,000. This is higher than the county median home value of $281,500. The national median home value is $338,100. The average price of homes sold in Versailles, KY is $365,000. Approximately 50.8% of Versailles homes are owned, compared to 39.64% rented, while 9.56% are vacant. Versailles 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 Versailles real estate agent to arrange a tour today!
Versailles, Kentucky has a population of 10,196. Versailles is less family-centric than the surrounding county with 25.35% of the households containing married families with children. The county average for households married with children is 30.26%.
The median household income in Versailles, Kentucky is $51,985. The median household income for the surrounding county is $72,765 compared to the national median of $69,021. The median age of people living in Versailles is 41.5 years.
Versailles Weather
The average high temperature in July is 86.1 degrees, with an average low temperature in January of 24.2 degrees. The average rainfall is approximately 46.3 inches per year, with 8.7 inches of snow per year.