Six unit apartment building located near downtown Lexington on the Winchester Road corridor. All units are 1 bed/1bath with ceramic tile throughout, updated cabinets, stainless steel appliances, in unit washer/dryer. Currently used as long term rental with units rented at $650-$725. Market rate for the area should be $700-$725. All units are metered separately for water and electric. Tenants pay all utilities for each unit currently. Building is now fully leased with 100% occupancy. Other units can be viewed with accepted contract. The building and location also has strong potential for short term rental.
airbnb avg Daily | See Full Details |
Occupancy Rate | See Full Details |
Monthly HOA | $0 |
rental Policy | daily |
Yearly Taxes | $866 |
Bedrooms | 2 |
Bathrooms | 2 |
SQFT | 8,756 |
Furnished | unknown |
Year built | 1965 |
MLS | 22026752 |