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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

    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.

    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#: 22026752MLS Logo

    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
    Services availability