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613 Shropshire Avenue Lexington, KY $ 600,000
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$ 600,000 Get more info
613 Shropshire Avenue
$ 600,000
Back to search
Share Save

613 Shropshire Avenue

Lexington, KY, 40508
$ 600,000
Baths0.0

Monthly Estimate*

$ 3,988

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Studio

Multi-Family Home for sale in Lexington, KY

for $600,000. This home was built in 1965 on a lot size of 0.201.

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.

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Multi-Family Active

Price

$ 600,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Apartments

Lot Size

0.201

Year Built

1965

Town/City

Lexington

County/Region

Fayette

MLS | Web ID

22026752
Features
General
Heating Baseboard Electric Forced Air
Cooling Window Unit(s)
Possession Close Of Escrow
Roof Shingle
Parking 6 - 10 Spaces
# of Buildings One
Subdivision Downtown
County Fayette
Property Type F
Area 002 - Fayette County NE
Status Active
Year Built 1965
Directions E 3rd St toward Winchester Road Right turn on Shropshire Ave. Building on Left.
City Lexington
Street Name Shropshire
Water Water Connected
Structure Type Apartments
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Interior
Total Baths 0.00
Stories One
Street Suffix Avenue
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Exterior
Sewer Sewer Connected
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* Excluded Features
List By
Mayca Property Solutions

Broker

brian@ipm.homes

Email

Affordability Calculator

$3,988
Per Month
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Monthly Principal & Interest
$3,988
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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
458656 Elementary School
458772 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
1/14/2024$600,000 Listed Price

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613 Shropshire Avenue, Lexington, KY, 40508 is a Multi-Family Home for sale at $600,000 with a lot size of 0.201. 613 Shropshire Avenue is a studio with 0.0 baths and was built in 1965. The property's zip code is 40508 which is in Lexington, KY

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