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201 Joey Way
Lexington, KY 40509
100% Occupied 4-Unit Multi-Family Investment · Multifamily Property For Sale · 4 Units

INVESTMENT HIGHLIGHTS

  • Presented at $315,000 — this is a cash flowing investment property with plenty of rent upside.
  • Current under market rents leave the next owner with plenty of upside as units turn.
  • Owner transitioning out of residential into commercial investments.
  • Brick Exterior — well built and meticulously cared for investment property.
  • 100% occupied & has consistently leased for length of ownership.
  • Opportunity for next owner to pass thru 100% of the utility expenses.

PROPERTY FACTS

No. Units 4
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.26 AC
Building Size 5,000 SF
No. Stories 2
Year Built 1999
Zoning R-4 - Multi-Family

AMENITIES

UNIT AMENITIES

  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
38000820
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$405,000
  • Listing ID: 22667999

  • Date on Market: 4/7/2021

  • Last Updated:

  • Address: 201 Joey Way, Lexington, KY 40509

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