1921 Oxford Circle, Lexington, KY 40504
1921 Oxford Circle, Lexington, KY 40504
1921 Oxford Circle, Lexington, KY 40504
1921 Oxford Circle, Lexington, KY 40504
1921 Oxford Circle, Lexington, KY 40504
1921 Oxford Circle, Lexington, KY 40504
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Barry Turner

Barry Turner

+1(606) 875-5988
$ 725,000

14 Beds

10 Baths

9,920 SqFt

Save
$ 725,000
Save

14 Beds

10 Baths

9,920 SqFt

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 9,920 sqft

Price per Sqft $73

Subdivision Cardinal Valley

MLS Listing ID 26008865

Bedrooms 14

Full Baths 10

Year Built 1959

Lot Size 0.301 Acres

Acres 0.3

Property Sub-Type Apartment

Property Description

Motivated Seller! Attention Investors! 8% potential cap rate. Don't miss this excellent opportunity to own a 10-unit multifamily property with strong income potential. The building features 6 one-bedroom units and 4 two-bedroom units, offering a desirable unit mix for a wide range of tenants. Each unit includes a refrigerator and stove and is separately metered for utilities, helping reduce owner expenses and simplify management. The property also boasts a large attic space, providing valuable storage or potential for additional possible rental income with future development. Additional value could be added by converting Two-bedroom units into three-bedroom units by enclosing the dining room and adding a closet. Potential to increase rents through upgrades or reconfiguration. Major improvement already completed: New flooring in #4,5, 6 & 8 2026, New Paint in 4, 6 & 8 2026, Joist Replacement 2025, New carpet in hallway 2026, New Roof & removed dormers 2025 New Water Heaters #2, #10 2025, #9 2026, New Panel Box #4 2024, New Air Conditioners #4, #7 2024. Don't miss this investment opportunity.

Location

State KY

County Fayette

Interior

Heating Forced Air

Cooling Window Unit(s)

Exterior

Utilities Available Electricity Connected, Natural Gas Connected, Water Connected

View Y/N N

Roof Type Composition,Shingle

Handicap Access No

Private Pool No

Schools

Elementary Schools Cardinal Valley

Middle Schools Beaumont

High Schools Dunbar

Others

Special Listing Condition Standard

Imagine MLS / Bluegrass Association of REALTORS (LBAR)
Listed by Assurance Realty & Property Management

Nearby Locations

Barry Turner

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(606) 875-5988

barry@laketimeky.com

44 Office Park Dr, Somerset, KY, 42501, USA

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1921 Oxford Circle