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$ 799,000
Pending
1041-1043 Cross Keys Road Lexington, KY 40504
16 Beds
8 Baths
7,056 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Pending
Purchase Type For Sale
Square Footage 7,056 sqft
Price per Sqft $113
Subdivision Gardenside
MLS Listing ID 26014338
Bedrooms 16
Full Baths 8
Year Built 1963
Lot Size 0.592 Acres
Acres 0.59
Property Sub-Type Quadruplex
Property Description
Rare opportunity to acquire two fully renovated four-plexes at 1041 & 1043 Cross Keys Road - sold together only, will not be divided. Eight units total, all currently occupied by long-term tenants with an exceptional payment history. Properties feature hardwood floors throughout, updated kitchens, central HVAC, garage parking with washer/dryer hookups in every unit, and marble window sills. Seller has maintained both buildings meticulously since a complete renovation in 2015, including full electrical rewire, new plumbing fixtures, all new appliances, and central air added to all units. Rents are currently below market, offering immediate upside for a new owner. In close proximity to James Lane Allen Elementary, Wolf Run Park, Kroger, and Gardenside Shopping Center. Do not disturb tenants. All inquiries to listing agent. Each apartment is 882 SQ FT, each building is 3528 SQ FT, total for both buildings is 7056 SQ FT.
Location
State KY
County Fayette
Interior
Heating Electric
Cooling Electric
Laundry Electric Dryer Hookup, Washer Hookup
Exterior
Parking Features Covered, On Site
Utilities Available Electricity Connected, Sewer Connected, Water Connected
View Y/N N
Handicap Access No
Private Pool No
Schools
Elementary Schools Lane Allen
Middle Schools Beaumont
High Schools Lafayette
Listed by Bluegrass Sotheby's International Realty
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