London, Corbin, Lexington, Richmond, and Berea Real Estate and Homes For Sale
BEDS16
BATHS8 full
SQUARE FEET7,056
MLS#26014338
STATUS
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONGardenside
SCHOOLFayette County - 1
Property Description
Rare opportunity to acquire two fully renovated four-plexes at 1041 & 1043 Cross Keys Road - sold together only, will not be divided. Eight units total, all currently occupied by long-term tenants with an exceptional payment history. Properties feature hardwood floors throughout, updated kitchens, central HVAC, garage parking with washer/dryer hookups in every unit, and marble window sills. Seller has maintained both buildings meticulously since a complete renovation in 2015, including full electrical rewire, new plumbing fixtures, all new appliances, and central air added to all units. Rents are currently below market, offering immediate upside for a new owner. In close proximity to James Lane Allen Elementary, Wolf Run Park, Kroger, and Gardenside Shopping Center. Do not disturb tenants. All inquiries to listing agent. Each apartment is 882 SQ FT, each building is 3528 SQ FT, total for both buildings is 7056 SQ FT.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Electric
Fuel Type: Electric
Heating: Electric
Lot Size: 0.59 Acres
Year Built: 1963
Feature Descriptions
Days on Site: 14
Laundry: Electric Dryer Hookup, Washer Hookup, Common Area
Laundry Features: Electric Dryer Hookup, Washer Hookup, Common Area
Lot Dimensions: 0.592 acre(s)
Parcel #: 16102500
Parking Notes: On Site, Covered
Structure Type: Quadruplex
Utilities: Electricity Connected, Sewer Connected, Water Connected
Local Schools
High School: Lafayette
Middle School: Beaumont
Elementary School: Lane Allen
School District: Fayette County - 1
Listed By / Shown By
Listed By
Agency Name: Bluegrass Sotheby's International Realty
Shown By
Agency Title: SALLIE DAVIDSON, REALTORS
Agency Phone: 606-877-3000
Estimate Your Payment
Estimated Payment
$ 3,103.34 per month $2,870.29 Principal & Interest $0.00 Property Tax (data not provided by mls) $233.04 Homeowner's Insurance
1041-1043 Cross Keys Road | MLS# 26014338
This multi-family property located at 1041-1043 Cross Keys Road, Lexington, KY 40504 is currently listed for sale with an asking price of $799,000. 1041-1043 Cross Keys Road is located within the Fayette County - 1 school district. Search Lexington real estate on www.salliedavidson.com today.