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Stephanie Pratley

stephanieapratley@gmail.com +1(859) 691-9580

$ 874,900

24 Beds

12 Baths

10,368 SqFt

Save

$ 874,900

Save

24 Beds

12 Baths

10,368 SqFt

Key Details

Property Type Other Types

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 10,368 sqft

Price per Sqft $84

Subdivision Winburn Estates

MLS Listing ID 26028360

Bedrooms 24

Full Baths 12

Year Built 1976

Lot Size 1.125 Acres

Acres 1.13

Property Sub-Type Apartment

Property Description

Excellent investment opportunity featuring two six-unit apartment buildings at 1801 and 1805 Gerald Drive. The property offers 12 total units, each with 2 bedrooms and 1 bathroom, totaling 24 bedrooms and 12 bathrooms. Individually metered units, along with updated electrical systems and HVAC, provide added value for ownership and management. An income-producing multifamily asset offering investors the opportunity to expand their portfolio with established rental potential.

Location

State KY

County Fayette

Zoning R-4

Interior

Heating Electric, Forced Air, Heat Pump

Cooling Central Air, Electric

Laundry Electric Dryer Hookup, Washer Hookup

Exterior

Parking Features On Site, Open, Paved

Utilities Available Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected

View Y/N N

Roof Type Dimensional Style,Flat,Membrane,Shingle

Handicap Access No

Private Pool No

Schools

Elementary Schools Mary Todd

Middle Schools Winburn

High Schools Bryan Station

Imagine MLS / Bluegrass Association of REALTORS (LBAR)

Listed by Bluegrass Sotheby's International Realty

Nearby Locations

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1801 & 1805 Gerald Drive Lexington, KY 40511