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    1 home
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    Closed Sep 23, 2024
    613 Shropshire Avenue, Lexington, KY 40508
    $520,000
    –beds
    –sqft
    0.2acres
    Apartment for Sale

    613 Shropshire Avenue, Lexington, KY 40508

    Listing by: Mayca Property Solutions
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    613 Shropshire Avenue, Lexington, KY 40508

    KY/Fayette/Lexington/40508/613 Shropshire Avenue, Lexington, KY 40508

    Closed Sep 23, 2024
    $520,000
    –beds
    –full,–half bath
    –sqft
    0.2acres

    613 Shropshire Avenue, Lexington, KY 40508

    Apartment for Sale by Brian Raisler, Mayca Property Solutions.

    Data checked 9 mins ago. Listing last updated 45 days ago.
    1. Overview
    2. Details
    3. More 

    Six unit apartment building located near downtown Lexington on the Winchester Road corridor. All units are 1 bed/1bath with ceramic tile throughout, updated cabinets, stainless steel appliances, in unit washer/dryer. Currently used as long term rental with units rented at $650-$725. Market rate for the area should be $700-$725. All units are metered separately for water and electric. Tenants pay all utilities for each unit currently. Building is now fully leased with 100% occupancy. Other units can be viewed with accepted contract. The building and location also has strong potential for short term rental.

    Details
      Property type
    Residential Income
      Year built
    1965
      Heating
    Baseboard, Electric, Forced Air
      Cooling
    Window Unit(s)
      Garage
    No
      Parking spots
    10
    22026752
    MLS ID
    Closed
    Status
    Sep 23, 2024
    Closed
      Laundry features
    –
      Flooring
    –
      Fireplace
    No
      Architectural Style
    –
      Basement
    –
      View
    –
    Interior features
    –
    Exterior features
    –
    Lot features
    –
    Appliances included
    –
    Construction materials
    –
    Monthly taxes
    -
    Yearly taxes
    -
    Community Features
    -
    School district
    Schools
    -
    Senior community
    No
    Open Houses
    In-Person
    No upcoming in-person open houses
    Virtual
    No upcoming virtual open houses
    Contact Agent
    Brian Raisler
    Brian Raisler
    REALTOR® Salesperson, Mayca Property Solutions
     
     
    Building Info
    Address
    613 Shropshire Avenue, Lexington, KY 40508
    Year Built
    1965
    Number of Floors
    1
    Total Number of Units
    6
    Gross area
    2,356 sqft
    Frontage
    50 ft
    Schools
    Elementary Schools
    William Wells Brown Elementary School
    555 E Fifth St, Lexington, KY 40508
    School Rating
    B-
    Grades
    PK-5
    Students
    253
    Teachers
    29
    Student to Teacher Ratio
    9:1
    Advanced Placement
    No
    Magnet School
    No
    Charter School
    No
    Middle Schools
    Lexington Traditional Magnet School
    350 N Limestone, Lexington, KY 40508
    School Rating
    D+
    Grades
    6-8
    Students
    339
    Teachers
    34.5
    Student to Teacher Ratio
    10:1
    Advanced Placement
    No
    Magnet School
    Yes
    Charter School
    No
    High Schools
    Frederick Douglass High School
    2000 Winchester Rd, Lexington, KY 40505
    School Rating
    A
    Grades
    9-12
    Students
    1,538
    Teachers
    84.9
    Student to Teacher Ratio
    18:1
    Advanced Placement
    No
    Magnet School
    Yes
    Charter School
    No
    Schools data where available is provided by Cherre Inc. It is drawn from publicly available data that is deemed to be accurate but not guaranteed. Buyer is responsible to verify all data presented.
    Demographics for 40508
    Population
    26,322
    Median age
    24.0
    Avg. household size
    2.1
    Avg. household income
    $65,202
    Households with children
    46.5%
    Households without children
    53.5%
    Employment
    Unemployment Rate
    7.1%
    Blue Collar
    32.3%
    White Collar
    60.6%
    Education
    Less than 9th grade
    5.0%
    Some high school
    6.7%
    High school graduate
    24.3%
    Some college
    18.7%
    Associate's degree
    7.6%
    Bachelor's degree
    20.2%
    Graduate degree
    17.5%
    Schools and Demographic data where available is provided by Cherre Inc. It is drawn from publicly available data that is deemed to be accurate but not guaranteed. Buyer is responsible to verify all data presented.
    Location
    E 3rd St toward Winchester Road, Right turn on Shropshire Ave. Building on Left.
    For Sale Nearby
    443 Ohio Street, Lexington, KY 40508
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    1,180sqft
    –acres
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    –acres
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    –acres
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    –acres
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    –acres
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    1,610sqft
    –acres
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    2769 Whiteberry Drive, Lexington, KY 40511
    $425,000
    5beds
    2 full, 2 halfbath
    2,858sqft
    –acres
    House for Sale

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    Listing by: Bluegrass Properties Group
    2401 Maplewood Drive, Lexington, KY 40503
    $274,900
    3beds
    1bath
    1,025sqft
    –acres
    House for Sale

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    1325 Harrington Court, Lexington, KY 40511
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    2,357sqft
    –acres
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    2104 St Teresa Drive, Lexington, KY 40502
    $250,000
    3beds
    1bath
    1,734.22sqft
    –acres
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    2beds
    2bath
    4,595.58sqft
    –acres
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    4beds
    2bath
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    –acres
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    3,731sqft
    –acres
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    5,001sqft
    –acres
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    8,005sqft
    –acres
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    –acres
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    –acres
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    –acres
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    –acres
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    613 Shropshire Avenue, Lexington, KY 40508, is a Apartment built in 1965. This property is currently available for sale and was listed on Imagine Your Home on 1-14-2024. The MLS# for this Apartment is MLS# 22026752.
    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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