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435 North Martin Luther King Blvd., Lexington, KY 40508

FOR SALE
  • $273,500
  • reduced $1,000 on 4/13/2014
  • 166 Days on site
  • Beds: n/a
  • Baths: 3 Full
  • Multi-Family Home
  • 3,000 sq ft
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  • MLS Photos (18)
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Description

INCREDIBLE opportunity in thriving downtown Lexington neighborhood for savvy investor or owner occupied. Best GRM out there. Priced to sell AND in great condition. Owners have done tremendous renovations and upgrades. Two beautiful and spacious two-bedroom / one bath apartments - with granite in kitchens, new appliances that convey, new windows, new AC, high ceilings, and great outdoor space. A 3rd floor efficiency has kitchen and bath, approx 600 sq feet, heat/air. Property would be perfect for owner occupied (rents would cover a mortgage) or savvy investor looking for a positive cash-flowing property in downtown Lexington. Property has positive cash flow ($2365 gross monthly rent), easy to rent and incredibly little maintenance due to renovations including 50yr roof, AC units, windows, electrical upgrade, new electric water heaters, new exterior stairs, upgraded dormers, new flooring, fenced in back yard and off-street parking area. *Inspections are welcome - Sold AS IS Click here to learn more about this listing

  • MLS ID# 1321359
  • Year Built: 1890
  • 166 Days on site
  • Multi-Family Home
  • Beds: n/a
  • Baths: 3 Full
The Ultimate Home Transformation $200,000 Sweepstakes

Listing Details

Lot Size
Approximately 8450 Square Feet
Roof
Shingle Roof
Cooling
Central Cooling, Central Heat Pump
Heating
Baseboard Heater, Electric, Forced Air

Local Info

Population
24,656
Median Household Income
$22,583
Median Years In Residence
7
Median Homeowner Age
24
Households with Children
46.36%
Percent of Homes Rented
67.10%

Nearby Elementary Schools

123 E Sixth St
194 N Limestone
133 Barr St

Nearby Primary Schools

701 E Main St

Nearby Middle Schools

350 N Limestone
194 N Limestone
133 Barr St

Nearby High Schools

194 N Limestone
519 W Fourth St
701 E Main St

These are the closest schools to your requested location. Proximity does not guarantee enrollment eligibility. Please consult your real estate agent or school district to confirm the schools you are zoned to attend.

Mortgage Rates

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Property Contact Info

Listing Provided By: Keller Williams Bluegrass Realty
(859) 260-1444
Listing Agent: Dan Elkinson

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