270 Sherman Avenue, Lexington, KY 40502
270 Sherman Avenue, Lexington, KY 40502
270 Sherman Avenue, Lexington, KY 40502
270 Sherman Avenue, Lexington, KY 40502
270 Sherman Avenue, Lexington, KY 40502
270 Sherman Avenue, Lexington, KY 40502
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$ 445,000

6 Beds

2 Baths

2,160 SqFt


Save
$ 445,000
Save

6 Beds

2 Baths

2,160 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,160 sqft

Price per Sqft $206

Subdivision Kenwick

MLS Listing ID 26024385

Bedrooms 6

Full Baths 2

Year Built 1920

Lot Size 6,969 Sqft

Acres 0.16

Property Sub-Type Duplex

Property Description

Turnkey investment opportunity in the heart of Lexington's highly desirable Kenwick neighborhood in 40502! This fully occupied duplex offers immediate rental income with both units currently leased and tenants paying all utilities. The downstairs unit rents for $1,500/month with a lease through 2/28/2027, while the upstairs unit rents for $1,580/month with a lease through 1/31/2027—providing $3,080 in combined monthly rent and $36,960 in annual gross rental income. Located just minutes from the University of Kentucky, downtown Lexington, Chevy Chase, shopping, dining and entertainment, this property offers an outstanding location with strong long-term rental appeal. Whether you're looking to expand your portfolio or secure a multifamily property in one of Lexington's most sought-after areas, 270 Sherman Avenue deserves a serious look. Schedule your showing today!

Location

State KY

County Fayette

Interior

Heating Heat Pump

Cooling Electric

Laundry Washer Hookup

Exterior

Parking Features On Site

View Y/N N

Roof Type Shingle

Handicap Access No

Private Pool No

Schools

Elementary Schools Ashland

Middle Schools Morton

High Schools Henry Clay

Imagine MLS / Bluegrass Association of REALTORS (LBAR)
Listed by The Brokerage

Nearby Locations

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270 Sherman Avenue