Sold!
$1,380,000
29
Beds
12
Baths
13,911
Living Area
-
Property Description
Come check out this cash flowing 12-unit apartment building, comprised of (5) 3-bedroom units, and (7) 2-bedroom units. 7 out of the 12 units have been recently renovated, and 5 of the other units are filled with long term tenants. 6 of the units are filled with subsidized tenants, with guaranteed monthly income! Total monthly rents are over $14,000! There is still room to increase rent for some long term tenants. Building and hallways are in good conditions, new deck was built 2 years ago. All utilities are separated and tenants pay for their own utilities. Don't miss out on this opportunity, come see it for yourself! First showing at Open House, Saturday May 11th, 12:00-2:00pm.
-
Highlights
- Parking Spots: 6
- Property Type: 5+ Family - 5+ Units Up/Down
- Year Built: 1922
- Property Class: Residential Income
- Total Rooms: 41
- Status: Closed
-
Additional Details
- Construction: Frame
- Lot Features: Corner Lot
- Roof: Shingle
- Year Built Details: Actual
- Zoning: 1120
- Foundation: Other
- Road Frontage Type: Public
- Total Number of Units: 12
- Year Built Source: Public Records
-
Amenities
- Community Features: Public Transportation, Medical Facility, Laundromat, Highway Access
- Parking Features: Off Street
-
Utilities
- Sewer: Public Sewer
- Water Source: Public
-
Fees / Taxes
- Assessed Value: $1,174,500
- Compensation Based On: Net Sale Price
- Taxes: $17,328
- Buyer Agent Compensation: 2%
- Tax Year: 2024
- Total Rent: $14,130
Similar Listings
Sold
19 Photos
Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Premier Realty Group - Lexington.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
