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Barry Turner

barry@laketimeky.com +1(606) 875-5988

$ 799,000

16 Beds

8 Baths

7,056 SqFt

Save

$ 799,000

Save

16 Beds

8 Baths

7,056 SqFt

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

Imagine MLS / Bluegrass Association of REALTORS (LBAR)

Listed by Bluegrass Sotheby's International Realty

Nearby Locations

"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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1041-1043 Cross Keys Road Lexington, KY 40504