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London, Corbin, Lexington, Richmond, and Berea Real Estate and Homes For Sale

115 Delmont Drive, Lexington, KY 40504

$500,000
  • 115 Delmont Drive, Lexington, KY 40504 Main Photo

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Contingent
BEDS8 BATHS4 full SQUARE FEET3,600 MLS#26001822
STATUS PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONCommercial SCHOOLFayette County - 1

Property Description

115 Delmont Drive is a 4-unit multifamily property in Lexington, KY. The property, built in 1950, is 3,600 square feet and situated on 0.344 acres. Each unit is 800 square feet and offers two bedrooms, one bathroom, and a detached garage. The units feature hardwood floors, a kitchen, dining area, and living room. All utilities are individually metered and paid by Tenants. The property is located on a quiet residential street with off-street parking for all units. The location offers easy access to New Circle Road, downtown Lexington, and amenities on Versailles Road. This property can be sold individually or along with other properties in a 60-unit multifamily portfolio. The 60-unit multifamily portfolio is strategically located in the heart of Central Kentucky, offering excellent access to major employment centers, universities, healthcare centers, and retail corridors. The Central Kentucky area benefits from strong renter demand, low vacancy rates, and a stable market. This is a rare opportunity to acquire a large and stabilized multifamily portfolio in one of Kentucky's most reliable rental markets. The other properties in the portfolio are 1416 Townley Drive, Lexington, KY and 200 N. Hill-N-Dale Street, Danville, KY. Financials available upon request.

115 Delmont Drive | MLS# 26001822

This multi-family property located at 115 Delmont Drive, Lexington, KY 40504 is currently listed for sale with an asking price of $500,000. Delmont Drive is located within the Fayette County - 1 school district. Search Lexington real estate on www.salliedavidson.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Other
Heating: Other
Lot Size: 0.34 Acres
Year Built: 1950

Feature Descriptions

Days on Site: 33
Lot Dimensions: 0.344 acre(s)
Parcel #: 24584100
Parking Notes: On Site, Covered
Structure Type: Quadruplex

Local Schools

High School: Lafayette
Middle School: Lexington Trad
Elementary School: Harrison
School District: Fayette County - 1

Listed By / Shown By

Listed By

Agency Name: Block + Lot Real Estate

Shown By

Agency Title: SALLIE DAVIDSON, REALTORS
Agency Phone: 606-877-3000

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Estimated Payment

$ 1,942.01 per month $1,796.18 Principal & Interest $0.00 Property Tax (data not provided by mls) $145.83 Homeowner's Insurance

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