Great Investment Property - All Brick Duplex 2 bed/1 bath on each side, three large storage units below accessible from oversized parking space behind the property. Excellent longterm tenants on both sides, 12 month lease in place at $1,150/month for each side. Both tenants want to stay. Located on a large lot on a quiet street backing up to green space. Lot's of opportunities with the large lot and the 3 storage garages, potential for additional rental units. This has been a great rental property, owner needing funds for growing business!
Current Rental Income per month $2,300
Expenses (maintenance, taxes, insurance, not including debt service) $350
Cash Flow $1,950
Property Improvement:
- Bathrooms in both units were remodeled in 2021
- New LVP flooring was installed in both kitchens, dining rooms and hallways
- Much of the plumbing was updated in 2021
- Roof was inspected in 2024 and found to be in good condition
Sold As-Is
Your next investment property is ready to go, let's make a deal!
Sold for $260,000 on 01/17/25
$260,000
141 Delmont Dr, Lexington, KY 40504
4beds
1,521sqft
MultiFamily
Built in 1964
-- sqft lot
$272,900 Zestimate®
$171/sqft
$1,280 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Other
Cooling
- Central
Appliances
- Included: Range / Oven, Refrigerator
Features
- Flooring: Carpet, Hardwood, Laminate
- Basement: Unfinished
Interior area
- Total interior livable area: 1,521 sqft
Property
Parking
- Total spaces: 8
- Parking features: Garage - Attached, Off-street, On-street
Features
- Exterior features: Brick
- Has view: Yes
- View description: City
Lot
- Size: 10,846 sqft
Details
- Parcel number: 13229100
Construction
Type & style
- Home type: MultiFamily
Materials
- brick
- Roof: Asphalt
Condition
- Year built: 1964
Community & neighborhood
Location
- Region: Lexington