Don't miss out INCREASED ROI AND NEW REDUCED PRICE!! Fully renovated 4-unit property, ready to start generating income right away! This turnkey gem boasts fresh updates throughout, including all new windows, sliding glass doors, and a brand-new roof installed in May (with a transferable warranty). The property also features a freshly paved driveway, giving it excellent curb appeal.
Each of the four spacious units is a 2-bedroom, 1-bath layout, all newly renovated and currently occupied. With rents currently below market value, there's huge potential for growth. Here's the breakdown:
Unit 1: $970/month
Unit 2: $1,100/month
Unit 3: $1,000/month
Unit 4: $1,150/month
That's $4,220 a month in rental income—plus, tenants pay all utilities except for the hallway electric bill! No HOA fees to worry about, either. Rents to increase to a total of $4,300 this Spring!
Located in an excellent area, close to a brand-new hospital and easy access to the new circle, this property is perfect for investors looking for a steady stream of income and long-term growth.
Act fast—this opportunity won't last long! Previous pending sale failed due to buyers financial inabilities.
300 Codell Drive Drive, Lexington, KY 40509, is a 8 bedroom, 4 bathroom, 3456 sqft. Quadruplex built in 1979.
This property is currently available for sale and was listed on Imagine Your Home on 1-13-2025.
The MLS# for this Quadruplex is MLS# 25000601.
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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