This duplex has great potential in its land value and location with the very large vacant lot currently being used as parking spaces across from UK Law School. FRONT unit is 4 BDs,2.5 BAs, Rents for $1300./month.Resident pays all utilities (gas, electric, water, sewer). Appliances include refrig,stove, washer/dryer. FRONT unit has new laminate flooring and carpet, new refrig, new bath vanity, and new paint, new heat pump being installed now, replacing old gas furnace. BACK unit has 3 BDs, 2 BAs, and new paint, new carpet, new vinyl on 1st floor, new dishwasher. Residents pay their own utilities (electric, water, sewer) Both water heaters in front and back units are about 4 years old. BACK unit rented for $1200. There are 22 parking spaces, 7 are given to 7 tenants, 14 are sold per semester ($600.per parking space x 14 = $8400./yr., and one extra is not sold. FRONT unit: Electrician is finishing some electrical work, then new HVAC (heat pump) is being installed. Will then be 4 rent
Off market
$633,100
656 Maxwelton Ct, Lexington, KY 40508
7beds
2,500sqft
MultiFamily
Built in 1924
-- sqft lot
$633,100 Zestimate®
$253/sqft
$1,596 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Heating
- Forced air, Heat pump
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Garbage disposal, Range / Oven, Refrigerator, Washer
Features
- Flooring: Other, Carpet, Linoleum / Vinyl
- Has fireplace: Yes
Interior area
- Total interior livable area: 2,500 sqft
Property
Parking
- Parking features: Carport
Features
- Exterior features: Stone
Lot
- Size: 6,865 sqft
Details
- Parcel number: 10903100
Construction
Type & style
- Home type: MultiFamily
Materials
- Frame
- Roof: Composition
Condition
- Year built: 1924
Community & neighborhood
Location
- Region: Lexington
Other
Other facts
- Association: Lexington Blue Grass
- Lease Type: Net
- Property Subtype 1: Multi-Housing
- Common Air Condition: Electric
- Type of Property: Duplex
- Parking: Graveled, On Site, 21 - 35 Spaces
- Property Amenities: Other
- Roof Type: Shingle