1640 Nicholasville Road, Lexington, KY 40503
1640 Nicholasville Road, Lexington, KY 40503
1640 Nicholasville Road, Lexington, KY 40503
1640 Nicholasville Road, Lexington, KY 40503
1640 Nicholasville Road, Lexington, KY 40503
1640 Nicholasville Road, Lexington, KY 40503
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Ashley Spencer

Ashley Spencer

+1(606) 560-0239
$ 775,000

8 Beds

8 Baths

4,097 SqFt

Save
$ 775,000
Save

8 Beds

8 Baths

4,097 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,097 sqft

Price per Sqft $189

Subdivision Commercial

MLS Listing ID 26007439

Bedrooms 8

Full Baths 8

Year Built 1985

Lot Size 0.688 Acres

Acres 0.69

Property Sub-Type Quadruplex

Property Description

Rare investment opportunity in a prime Lexington location! This 4-unit apartment complex is ideally situated next to Central Baptist Hospital and just over a mile from the University of Kentucky, offering strong rental demand and excellent convenience. Each of the four units features 2 bedrooms and 2 full baths, with spacious living rooms that provide comfortable gathering space and an ample kitchen with plenty of cabinet storage, making each unit highly desirable for tenants. All units are located on the third floor of a professional office building, offering added privacy and a unique mixed-use setting. The property includes a common laundry area with coin-operated machines, as well as both elevator and stair access for ease of entry. Tenants will also appreciate the onsite paved parking lot, a valuable amenity in this highly sought-after area. With updated interiors, generous living spaces, and a fantastic location, this property is perfect for investors looking to expand their portfolio with a low-maintenance, income-producing asset. **This is only the 4 condos on the top floor, this is not for the entire building **

Location

State KY

County Fayette

Zoning Other

Interior

Heating Heat Pump, Natural Gas

Cooling Ceiling Fan(s), Central Air, Electric, Heat Pump

Exterior

Parking Features On Site, Paved

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N N

Roof Type Shingle

Handicap Access No

Private Pool No

Schools

Elementary Schools Glendover

Middle Schools Mary E Britton

High Schools Lafayette

Imagine MLS / Bluegrass Association of REALTORS (LBAR)
Listed by Keller Williams Commonwealth

Nearby Locations

Ashley Spencer

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(606) 560-0239

ashleyspencerallaccess@gmail.com

410 Doubletree Ct., Richmond, Kentucky, 40475, USA

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1640 Nicholasville Road