Sold for $485,000

$485,000

822 W Maxwell St, Lexington, KY 40508

5beds

4,920sqft

Multi Family

Built in 1929

-- sqft lot

$629,200 Zestimate^®

$99/sqft

$1,661 Estimated rent

Home value

$629,200

$579,000 - $692,000

$1,661/mo

Zestimate^® history

Owner options

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$1,661/mo

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$1,661/mo

Rent Zestimate^®

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$2,955/mo

Est. payment

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$2,955/mo

Est. payment

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What's special

Hardwood floorsLarge garageWorkshop spaceNew roofCoin laundryTons of natural lightClose to downtown

Attention Investors! Incredible opportunity-- close to Downtown, Rupp, Town Branch Distillery, Town Branch Park (coming soon), Transy and UK. The potential is endless. Currently 5 units (4 one bedrooms and 1 studio); plus a large garage / workshop space that could be used to generate additional income or potentially renovated to additional living spaces. New roof (2023) as well as exterior repairs have greatly improved the condition and value of this Historic Home that couldn't be better located to all the future improvements and amenities coming to Downtown. Interior of unit 3 and unit 5 also recently worked on. Hardwood floors, tons of natural light, coin laundry on premises, as well as (3-4) off street parking spots. Units rent very easily. Owner is keeping ONE vacant for ease of showings, or for an owner/occupant. Inspections Welcome. Property is being sold AS IS.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 5
Full bathrooms: 5

Heating

Baseboard

Cooling

Window Unit(s)

Interior area

Total structure area: 4,920
Total interior livable area: 4,920 sqft

Property

Parking

Total spaces: 5

Lot

Size: 8,001 sqft

Details

Parcel number: 16795400
Zoning description: R2

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Roof: Shingle

Condition

New construction: No
Year built: 1929

Utilities & green energy

Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Water Available

Community & neighborhood

Location

Region: Lexington
Subdivision: Woodward Heights

Other

Other facts

Listing terms: Conventional

Price history

Date	Event	Price
1/12/2024	Sold	$485,000-6.7%$99/sqft
Source: Imagine MLS #23020681 Report a problem
12/20/2023	Contingent	$520,000$106/sqft
Source: Imagine MLS #23020681 Report a problem
10/25/2023	Listed for sale	$520,000$106/sqft
Source: Imagine MLS #23020681 Report a problem
4/18/2018	Listing removed	$675
Source: Keller Williams Bluegrass Realty #1803340 Report a problem
3/9/2018	Price change	$675-3.6%
Source: Keller Williams Bluegrass Realty #1803340 Report a problem
2/20/2018	Listed for rent	$700
Source: Zillow Rental Network Report a problem