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.
Sold for $520,000 on 09/23/24
$520,000
613 Shropshire Ave, Lexington, KY 40508
--beds
0baths
--sqft
Apartment
Built in 1965
-- sqft lot
$-- Zestimate®
$--/sqft
$-- Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: February 27, 2025 at 07:42am
Listed by:
Brian Raisler 859-492-1563,
Mayca Property Solutions
Bought with:
Brian Raisler, 221076
Mayca Property Solutions
Source: Imagine MLS,MLS#: 22026752

Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Baseboard, Forced Air, Electric
Cooling
- Window Unit(s)
Property
Lot
- Size: 8,712 sqft
Details
- Parcel number: 12348100
- Zoning description: R-3
Construction
Type & style
- Home type: Apartment
- Property subtype: Apartment
Materials
- Roof: Shingle
Condition
- New construction: No
- Year built: 1965
Community & neighborhood
Location
- Region: Lexington
- Subdivision: Downtown