509 W Third St
Lexington, KY 40508

Description

Turn-key restored and renovated income property in the hottest location in downtown Lexington (Jefferson Corridor with recent high-end developments Jefferson Townhome Development & The Flats at 345). Currently fully rented with $46,800 in annual rent, little to no vacancy and low maintenance. Updated high-efficiency heating and cooling. Upgraded electric, separately metered for potential individual sale. Completely remodeled, vaulted ceilings with beautiful original hardwood floors and window molding. On site garage parking, extra parking available. In-unit washer & dryer. Secure entry and private fenced backyard, with community garden. Walking distance to downtown UK, Rupp, Transylvania, new BCTC campus restaurants (Grey Goose, Nick Ryans) and breweries (West 6th, Blue Stallion).

Details

MLS#1907877
Sub-TypeResale
StatusActive
Year1920
Days On Site37

Features

SQ Feet3,585
Building(s)1

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Area Information

StateKY
CountyFayette
CityLexington
Zip Code40508
AreaFayette County NW 1
Listing VS Median (in 40508)
Price:
$549,900
low | high
Med:
$155,000
100% of Average
SqFt:
3,585
low | high
Med:
631
100% of Average
$ / SqFt:
$153
low | high
Med:
$247
11.114489805799% of Average
On Site:
37
low | high
Med:
28.5
100% of Average
Listing Updated: 05/22/2019
MLS Number: 1907877
Listing Provided By:
Steve Klein  of  Bluegrass Sothebys International Realty