• Asking Price $240,000
  • Estimated Value: $89,378
  • 406 E SIXTH ST LEXINGTON, KY 40508

  • 1,822 SqFt
  • Other / Resale (MLS)

Property Details for 406 E SIXTH ST, LEXINGTON, KY 40508

Features

  • Price/sqft: $131
  • Lot Size: 4874
  • Total Units: 3
  • Stories: 200
  • Heating: Forced Air Heating
  • Exterior Walls: Concrete Block

Facts

  • Year Built: 01/01/1959
  • Property ID: 858050641
  • MLS Number: 24002522
  • Parcel Number: 15503900
  • Property Type: Other
  • County: FAYETTE
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. Explore a prime investment opportunity in the heart of downtown Lexington - an income - producing Tri-Plex with a long-term rental history and lucrative returns. Strategically located, this property features three upgraded units, offering residents comfort while ensuring a steady stream of income. With its prime location and strong rental market, this Income Producing Tri-Plex is an attractive addition to your real estate portfolio. Three units total and each unit has 1 bedroom and 1 bathroom. Buyer to Verify Sqft. One unit has 6 months left on lease, one other unit has 7 months left on lease and upstairs unit is vacant.

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Property Brokerage: Nexian Realty 1010 Monarch St Ste 110 Lexington KY 40513
Copyright © 2024 Lexington-Bluegrass Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.



All information provided is deemed reliable, but is not guaranteed and should be independently verified.