418 Merino St, Lexington

$1,300,000

2 Beds
1 Baths
778 Sqft
.14 Acres
0 Garages

An Investor's Dream! This is a residential, single family home. However-- This property is being sold as a package with 414 Merino St (a tri-plex), 410 Merino Street (six-plex apartments), as well as 2 lots directly behind the properties on 425 and 423 Poplar Street 40508. The lots are zoned R-4 for high density apartments. This downtown location is PRIME--a couple blocks from Rupp Arena and right off Maxwell. The current properties are all full and bring in over $8200 in rent monthly. Don't miss this amazing investment opportunity! MLS #'s: 1821876, 1821803, 1821874, 1821889, 1822021

Essential Information
MLS® #1821876
Price$1,300,000
Bedrooms2
Bathrooms1.00
Full Baths1
Square Footage778
Acres0.14
Year Built1907
TypeResidential
Sub-TypeSingle Family
StyleRanch
StatusActive
Community Information
Address418 Merino St
AreaFayette County SW 4
SubdivisionDavis Park
CityLexington
CountyFayette
StateKY
Zip Code40508
Interior
HeatingForced Air
CoolingElectric
FireplacesNone
Interior Features

Walk-in Closets, Washer-Dryer Hook-up

Appliances

Range, Microwave, Dishwasher, Refrigerator

Exterior
Exterior FeaturesDeck
Lot Description37.2 X63.4
RoofComposition
ConstructionSiding - Vinyl
FoundationConcrete Block, Crawlspace
School Information
DistrictFayette County
ElementaryHarrison
MiddleLexington Trad
HighLafayette
Additional Information
Date ListedSeptember 21st, 2018
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Listing Provided Courtesy of: Lifstyl Real Estate

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