$944,900

Quadruplex In Lexington

  • 16 Beds
  • 8 Baths
  • 7,300 Sqft
  • 11,762 Sqft lot
  • Updated: Today
  • Source:
    Imagine MLS (Bluegrass REALTORS)  MLS#26022566

About the Property

Attention Investors! 8-Unit Apartment Building. Turn-Key Investment Opportunity With Immediate Value-Add Potential! All the heavy lifting has already been done on this fully occupied asset, making it an easy addition to your portfolio. Recent major capital improvements include a newer roof, gutters, windows, siding, and breaker panels. Several units have also been recently updated/renovated, creat
Attention Investors! 8-Unit Apartment Building. Turn-Key Investment Opportunity With Immediate Value-Add Potential! All the heavy lifting has already been done on this fully occupied asset, making it an easy addition to your portfolio. Recent major capital improvements include a newer roof, gutters, windows, siding, and breaker panels. Several units have also been recently updated/renovated, creating a strong blend of current stability and upside through future interior updates. The property is currently 100% occupied, with all tenants (8) on month-to-month leases, offering maximum flexibility for rent increases, additional renovations, or portfolio repositioning. 5 of 8 tenants are long-term residents who would love to stay, providing dependable in-place income from day one. Seller is license KY real estate agent.
  • Property type

    Other

  • Floors

    2

  • Year built

    1978

  • Price/sqft

    $129

Features

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388 Redding Road, Lexington, Kentucky, United States View on Google Maps
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Bluegrass Property Exchange - Lexington

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Bluegrass Property Exchange - Lexington
Kentucky, United States
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2
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2026
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Bluegrass Property Exchange - Lexington
Lexington, Kentucky, United States
View agency profile
Last updated
Today
First listed
Aug 20
Listing reference
26022566
Listing status
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