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    1 home
      1 home available
      1648 Alexandria Drive, Lexington, KY 40504
      Closed Jul 15, 2022
      1648 Alexandria Drive, Lexington, KY 40504
      $401,000
      7beds
      7bath
      –sqft
      0.26acres
      Sale

      1648 Alexandria Drive, Lexington, KY 40504

      Listing by: The Agency
      1
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      2250 Regency Road Lexington, KY 40503
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      Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
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      Imagine Your Home
      1648 Alexandria Drive, Lexington, KY 40504

      KY/Fayette/Lexington/40504/1648 Alexandria Drive, Lexington, KY 40504

      Closed Jul 15, 2022
      $401,000
      7beds
      7full,–half bath
      –sqft
      0.26acres

      1648 Alexandria Drive, Lexington, KY 40504

      Sale by Paul L Campbell, The Agency.

      Data checked -. Listing last updated 648 days ago.
      1. Overview
      2. Details
      3. More 

      A rare turn-key investment opportunity to own 7 rental units inside The Circle. The complex is 100% occupied with reliable long-term tenants. Current total monthly rent is $3,120. However, 3 rentals are due for an increase, which would bring monthly income to about $3,500. All rentals are below market value so there is certainly room for income gain. Ample off-street parking for all the residents. Photos are of the basement apartment, all others have partial hardwood flooring. Tenants pay water, gas, sewer and electric. CAM pays for mowing/snow removal/salting. CAM pays $15 a month electric and $36 a month for the dumpster. Open House 11am to 4pm this Friday & Saturday, June 24th and 25th. Offers to be reviewed June 26 at 6:30 PM.

      Details
        Property type
      Multi-Housing
        Year built
      1960
        Heating
      Forced Air, Natural Gas
        Cooling
      Electric
        Garage
      No
        Parking spots
      -
      22013145
      MLS ID
      Closed
      Status
      Jul 15, 2022
      Closed
        Basement
      No
        Laundry features
      –
        Flooring
      –
        Fireplace
      No
        Architectural Style
      –
        View
      –
      Interior features
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      Exterior features
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      Lot features
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      Appliances included
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      Construction materials
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      Monthly taxes
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      Yearly taxes
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      Community Features
      -
      School district
      Fayette County - 1
      Schools
      Lane Allen, Beaumont, Dunbar
      Senior community
      No
      Open Houses
      In-Person
      No upcoming in-person open houses
      Virtual
      No upcoming virtual open houses
      Contact Agent
      Listing By:
      Paul L Campbell
      Paul L Campbell
      Andy Bathje
      Andy Bathje
      Paul L Campbell
      Paul L Campbell
      REALTOR®, The Agency
       
       
      Andy Bathje
      Andy Bathje
      REALTOR®, The Agency
       
       
      Location
      From New Circle road on the west side of Lexington, go east toward Lexington on Versailles Rd (60). Then right (south) on Alexandria. The apartment complex is .3 mile, on the left.
      For Sale Nearby
      No nearby homes are For Sale Nearby.
      Recently Sold
      No nearby homes have been Recently Sold.
      1648 Alexandria Drive, Lexington, KY 40504, is a 7 bedroom, 7 bathroom Sale built in 1960. This property is currently available for sale and was listed on Imagine Your Home on 6-23-2022. The MLS# for this Sale is MLS# 22013145.
      Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
      Copyright ©2024 Imagine MLS