566 w short triplex, historic building. Units A top floor 2 bedroom 2 bath, Unit B ground floor large 1 bedroom 1 bath. Unit C basement 3 bedroom 1 bath. Each unit is approximately 1283 sq ft. All utilities split. Owner does pay water and sewer for the building. Building take down to the studs mid 1990"s. Each unit has been refreshed recently. All are in very good shape. Nothing to do but collect the rent. Great tenants. Gross rent is approximately $50,000 / yr. Rents are a little light when compared to current estimated rents for the area. Building registered with Bluegrass Trust, historical significant. Could easily be converted to single family and possibly rezoned business.
568 west short st: single family 2 bedroom 1 bath. Bluegrass Trust registered, historical significant. Tenants pay all utilities. House has been upgraded. All new mechanicals. Property in great shape with long term tenants. Nothing to do but collect the rent. Estimated gross income $20,000 yr.
Offsteet parking. Across Main St from Rupp arena and the new Gatton Park. Short walk to the heart of downtown Lexington. Jefferson restaurant district. Walk to Transylvania University and the University of KY. There are numerous photos if you go to zillow type in Lexington KY. Click on Rent and type in 566 w short st A, B and C.
Type in 568 as well. Loads of updated photos. If you want addition information I would be pleased to email.
Properties are being sold "as is"
Please do not disturb tenants.
Serious inquiries only.
What the owner loves about this home
Incredible rental properties in an incredible section of vibrant Lexington Ky. Rarely does this type of property become available.
179 days
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305
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5
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Listed by:
Property Owner(859) 865-1200
This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 5
Full bathrooms: 5
Heating
Forced air, Heat pump, Electric, Gas
Cooling
Central
Appliances
Included: Dishwasher, Dryer, Range / Oven, Refrigerator, Washer
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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