406-East Sixth Street Lexington, KY $ 240,000
406-East Sixth Street
$ 240,000
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406-East Sixth Street

Lexington, KY, 40508
$ 240,000
Baths0.0 Sq 1,822

Monthly Estimate*

$ 1,595

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Studio

Multi-Family Home for sale in Lexington, KY

for $240,000. This 1,822 square foot home was built in 1959 on a lot size of 0.11.

Explore a prime investment opportunity in the heart of downtown Lexington - an income - producing Tri-Plex with a long-term rental history and lucrative returns. Strategically located, this property features three upgraded units, offering residents comfort while ensuring a steady stream of income. With its prime location and strong rental market, this Income Producing Tri-Plex is an attractive addition to your real estate portfolio. Three units total and each unit has 1 bedroom and 1 bathroom. Buyer to Verify Sqft. One unit has 6 months left on lease, one other unit has 7 months left on lease and upstairs unit is vacant.

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Multi-Family Active

Price

$ 240,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Triplex

Lot Size

0.11

Year Built

1959

Town/City

Lexington

County/Region

Fayette

MLS | Web ID

24002522

Features
General
Heating Electric Forced Air Natural Gas
Possession Close Of Escrow
Roof Composition
Parking 1 - 5 Spaces
Sprinklers None
# of Buildings One
School District Fayette County - 1
Subdivision Downtown
County Fayette
Tax Rate 1.2643
Property Type F
Area 002 - Fayette County NE
Terms Sale
Status Active
Year Built 1959
Directions Corner of E Sixth and Chestnut
City Lexington
Street Name Sixth
Water Water Available
High School Frederick Douglass
Elementary School William Wells Brown
Structure Type Triplex
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Interior
Total Baths 0.00
Stories Two
Street Suffix Street
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Exterior
Sewer Sewer Available
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* Excluded Features
List By
Nexian Realty

Broker

hanfantherealestateman@gmail.com

Email

Affordability Calculator

$1,595
Per Month
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0%
0%
Monthly Principal & Interest
$1,595
Monthly Property Taxes
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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3289864 Elementary School
3292819 Middle School
Frederick Douglass High School High School
Pricing History
DatePricePrice ChangeDescription
5/22/2024$240,000 -2.04% Price Down
3/29/2024$245,000 -2.00% Price Down
2/15/2024$250,000 Listed Price

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406-East Sixth Street, Lexington, KY, 40508 is a Multi-Family Home for sale at $240,000 with 1,822 sqft and a lot size of 0.11. 406-East Sixth Street is a studio with 0.0 baths and was built in 1959. The property's zip code is 40508 which is in Lexington, KY