Building

Year Built

2000

Stories Total

2

Lot

Lot Size Acres

0.062

Lot Size Square Feet

2714

Utilities

Cooling YN

Yes

Heating YN

Yes

Remarks

Public Remarks

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

Income and Expenses

Gross Scheduled Income

95040

Showing Information

Showing Instructions

will only be sold as a package, duples (208/210) (224/226) (232/234) 350k per duplex, and there is one single unit (222) Do not bother the tenants will only be shown with acceptable offer. LA is the seller Offers to be made to Coughtry Enterprises LLC, these are individually deeded so buyers can purchase via commercial package or individual as package with non commercial lender.

Tax & Legal

Zoning Description

r4

Association/Community

Number Of Buildings

7

Number Of Units Total

7

Parking Features

Paved

Yes

Property Features