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Off market
  • Tax assessed value
    $311,000

    488 Bob O Link Dr, Lexington, KY 40503

    4beds
    2,458sqft
    MultiFamily
    Built in 1946
    -- sqft lot
    $-- Zestimate®
    $127/sqft
    $3,114 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $3,114/mo

    Zestimate® history
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    What's special

    Wow!!! Attention investors or someone looking for a great "house hack"! This cash flowing 3-unit turnkey Airbnb is now for sale and will not last long in this hot, low-inventory market. There is nothing else like it. It has been meticulously and beautifully remodeled including new roof, new windows, new double tiered deck, all new plumbing, electrical updates throughout, new kitchen cabinets, new light fixturs throughout, luxury vinyl plank flooring as well as hardwood, basement weatherproofing, two water heater system and much more. Location is great and close to everything including Saint Joseph Hospital, University of KY, Keeneland, Lexington Airport and downtown. Serious buyers only. Sellers would like to sell as is which means maintaining it as Airbnb or as furnished apartments. The middle unit is still being staged but should be completed very soon and is available for showings. The other two units will have to be worked around Airbnb guests as this property stays booked. We encourage you to thoroughly check out pictures for the Airbnb units because it shows exactly like the pictures portray. ***Rents for the upstairs if furnished would be around $900, basement would be around $1000 and the middle would be $1300. Airbnb monthly income would be higher, especially during spring, summer and fall. Price is set to sell at a solid 8% cap rate.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced air, Heat pump, Wall, Electric, Gas
    Cooling
    • Central, Wall
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Tile, Hardwood, Linoleum / Vinyl
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 2,458 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Off-street, On-street
    Features
    • Exterior features: Stone, Brick
    Lot
    • Size: 10,001 Square Feet
    Details
    • Parcel number: 34376100

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • brick
    • Roof: Asphalt
    Condition
    • Year built: 1946

    Community & HOA

    Location
    • Region: Lexington

    Financial & listing details

    • Price per square foot: $127/sqft
    • Tax assessed value: $311,000
    • Annual tax amount: $3,818

    Price history

    DateEventPrice
    3/24/2021Listing removed--
    Source: Owner Report a problem
    2/28/2020Sold$311,000-2.8%$127/sqft
    Source: Public Record Report a problem
    2/10/2020Pending sale$319,999$130/sqft
    Source: Owner Report a problem
    2/4/2020Listed for sale$319,999+58%$130/sqft
    Source: Owner Report a problem
    4/9/2019Sold$202,500-4.9%$82/sqft
    Source: Imagine MLS #1900579 Report a problem
    3/4/2019Listed for sale$213,000$87/sqft
    Source: Lex Realty #1900579 Report a problem
    3/4/2019Pending sale$213,000$87/sqft
    Source: Lex Realty #1900579 Report a problem
    1/28/2019Price change$213,000-3.2%$87/sqft
    Source: Lex Realty #1900579 Report a problem
    1/9/2019Listed for sale$220,000+57.3%$90/sqft
    Source: Lex Realty #1900579 Report a problem
    11/10/2017Sold$139,900$57/sqft
    Source: Imagine MLS #1720707 Report a problem
    9/18/2017Listed for sale$139,900$57/sqft
    Source: Bluegrass Sotheby's International Realty #1720707 Report a problem
    9/12/2017Pending sale$139,900$57/sqft
    Source: Bluegrass Sotheby's International Realty #1720707 Report a problem
    9/8/2017Listed for sale$139,900+28.9%$57/sqft
    Source: Bluegrass Sotheby's Int Realty #1720707 Report a problem
    4/28/2000Sold$108,500$44/sqft
    Source: Imagine MLS #2001548 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$3,818 $311,000
    2023$3,818 -3.2%$311,000
    2022$3,943 $311,000
    2021$3,943 $311,000
    2020$3,943 +101.9%$311,000 +101.9%
    2019$1,952 +10.1%$154,000 +10.1%
    2018$1,774 +22.8%$139,900 +17%
    2017$1,444 +8.8%$119,600
    2015$1,327 $119,600
    2014$1,327 $119,600
    2012$1,327 $119,600
    2011-- --
    2010-- --
    2009-- --
    2008-- $119,600
    2006-- --
    2005-- --
    2004-- --
    Find assessor info on the county website

    Neighborhood: Southland-Deerfield-Open Gates

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Picadome
    • Middle: Morton
    • High: Lafayette
    • District: Fayette County

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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