613 Shropshire Avenue, Lexington, KY

$600,000

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0.20

Acres

About 613 Shropshire Avenue

Six unit apartment building located near downtown Lexington on the Winchester Road corridor. All units are 1 bed/1bath with ceramic tile throughout, updated cabinets, stainless steel appliances, in unit washer/dryer. Currently used as long term rental with units rented at $650-$725. Market rate for the area should be $700-$725. All units are metered separately for water and electric. Tenants pay all utilities for each unit currently. Building is now fully leased with 100% occupancy. Other units can be viewed with accepted contract. The building and location also has strong potential for short term rental.

Multi-Housing property for sale in Lexington, KY at 613 Shropshire Avenue.

Facts & Features of 613 Shropshire Avenue

MLS® # 22026752
Price $600,000
Bathrooms 0.00
Acres 0.20
Year Built 1965
Type Multi-Housing
Status Active

Community Information of 613 Shropshire Avenue

Address 613 Shropshire Avenue
Area Fayette County NE
Subdivision Downtown
City Lexington
County Fayette
State KY
Zip Code 40508

Amenities of 613 Shropshire Avenue

Parking 6 - 10 Spaces

Interior of 613 Shropshire Avenue

Stories One

Exterior of 613 Shropshire Avenue

Roof Shingle

Additional Information On 613 Shropshire Avenue

Date Listed December 23rd, 2022
Zoning R-3
Short Sale No
RE / Bank Owned No

Listing Details On 613 Shropshire Avenue

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