$1,225,000
bedrooms
21
bathrooms
14
square feet
1,232
Acreage
0.06
Open Houses
-
year built
2000
Full Baths
14
Half Baths
0
Rare opportunity to own one-third of an entire street in a prime Lexington location just off Richmond Road. This fully occupied 7-townhouse package is a turnkey investment, with tenants paying all utilities and handling their own lawn care.
Each townhouse offers a thoughtfully designed layout, featuring a first-floor bedroom and full bathroom for added convenience. The second floor includes two additional bedrooms, a spacious oversized bathroom, large closets, and a dedicated laundry closet. The location provides easy access to shopping, dining, and major highways, making these townhomes highly desirable for tenants.
With a current rent roll of $7920 per month ($95040 annually) and no vacancies, this investment offers both stability and future growth. The stabilized market rent is projected at $10,850 per month ($130200 annually), providing additional upside potential. A nearby two-townhouse package recently sold for $350,000, further highlighting the value of this offering.
This is a rare chance to own a substantial portion of a Lexington street
| Location | |
| Subdivision | Woodspoint |
| County | Fayette |
| Elementary School | Breckinridge |
| Middle School | Crawford |
| High School | Henry Clay |
Open houses
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: 25003041
Listing agent:
Andrea Coughtry
Listing broker:
United Real Estate
(859) 509-7598
Copyright © 2025 Lexington-Bluegrass Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Friday, February 28 2025 at 4:03 p.m. EST
Kotohomes National