London, Corbin, Lexington, Richmond, and Berea Real Estate and Homes For Sale
BEDS6
BATHS2 full
SQUARE FEET2,160
MLS#26024385
STATUS
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONKenwick
SCHOOLFayette County - 1
Property Description
Turnkey investment opportunity in the heart of Lexington's highly desirable Kenwick neighborhood in 40502! This fully occupied duplex offers immediate rental income with both units currently leased and tenants paying all utilities. The downstairs unit rents for $1,500/month with a lease through 2/28/2027, while the upstairs unit rents for $1,580/month with a lease through 1/31/2027???providing $3,080 in combined monthly rent and $36,960 in annual gross rental income. Located just minutes from the University of Kentucky, downtown Lexington, Chevy Chase, shopping, dining and entertainment, this property offers an outstanding location with strong long-term rental appeal. Whether you're looking to expand your portfolio or secure a multifamily property in one of Lexington's most sought-after areas, 270 Sherman Avenue deserves a serious look. Schedule your showing today!
Property Features
Property Type: Multi Unit - Multiple
Cooling: Electric
Heating: Heat Pump
Lot Size: 0.16 Acres
Roof Type: Shingle
Year Built: 1920
Feature Descriptions
Laundry: Washer Hookup
Laundry Features: Washer Hookup
Lot Dimensions: 0.160 acre(s)
Parcel #: 45407700
Parking Notes: On Site
Structure Type: Duplex
Local Schools
High School: Henry Clay
Middle School: Morton
Elementary School: Ashland
School District: Fayette County - 1
Listed By / Shown By
Listed By
Agency Name: The Brokerage
Shown By
Agency Title: SALLIE DAVIDSON, REALTORS
Agency Phone: 606-877-3000
Estimate Your Payment
Estimated Payment
$ 1,728.39 per month $1,598.60 Principal & Interest $0.00 Property Tax (data not provided by mls) $129.79 Homeowner's Insurance
270 Sherman Avenue | MLS# 26024385
This multi-family property located at 270 Sherman Avenue, Lexington, KY 40502 is currently listed for sale with an asking price of $445,000. Sherman Avenue is located within the Fayette County - 1 school district. Search Lexington real estate on www.salliedavidson.com today.