Carriage House Apartments - 1081 Cross Keys Rd, Lexington, KY 40504
For Sale
For Sale
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Sale Status
active
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Year Built
1968 (Renovated 2019)
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Overview
Rare opportunity to own a 26 unit- (25 units are- 1 bedroom 1 bath - approximately 600 square feet per unit) ( one unit an efficiency-currently being built out) apartment building in south Lexington.
21 of the units have been 100% renovated in modern finishes and colors.
4 units - one bedroom one bath under renovation currently
1 unit is an efficiency - currently being built out.Parking lot in the rear recently blacktopped.
Front Windows replaced
Rear windows replaced
New laundry Machines
Dumpster Enclosure replaced
New Backflow Preventor added
New electronic Deadbolt locksOpportunity for Loan assumption with favorable terms - roughly seven years left at 3.62 percent - non recourse financing - must be approved from lender and there are fees involved that a potential buyer will be responsible for paying as part of the approval process.
Property Details
Rare opportunity to own a 26 unit- (25 units are- 1 bedroom 1 bath - approximately 600 square feet per unit) ( one unit an efficiency-currently being built out) apartment building in south Lexington.
21 of the units have been 100% renovated in modern finishes and colors.
4 units - one bedroom one bath under renovation currently
1 unit is an efficiency - currently being built out.
Parking lot in the rear recently blacktopped.
Front Windows replaced
Rear windows replaced
New laundry Machines
Dumpster Enclosure replaced
New Backflow Preventor added
New electronic Deadbolt locks
Opportunity for Loan assumption with favorable terms - roughly seven years left at 3.62 percent - non recourse financing - must be approved from lender and there are fees involved that a potential buyer will be responsible for paying as part of the approval process.
- Property TypeMulti-Family
- Submarket
- Year Built1968Renovated 2019
- Sale Price$2,125,000
- Total Acres0.34
- Number of Floors2
- Number of Buildings1
- ZoningR-3
- Sale Statusactive
- Last updatedFeb 25, 2024
- Property ID2187158