$849,900
Lexington, KY 40507
MLS# 24024005
17 beds | 18 baths

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Property Description
Attention Investors! This is your chance to acquire 14 units and 1 commercial space near downtown Lexington. This unique property consists of two buildings located at the corner of MLK and Constitution. The Constitution building includes 8 studios on the main floor, 1 unit in the basement along with a partially completed unit and additional space, and a spacious 2-bedroom, 1-bath unit upstairs. The MLK building features 4 residential units, an additional storage unit, and a commercial space currently leased to a salon for $1,000 per month. There will be a group showing on Sunday, November 17th, from 2:30 to 3:30 PM. Don't miss this investment opportunity!
Details
Documents
Location Tax Legal Info
Street #: 160
Street Name: Constitution
County: Fayette
State/Province: KY
Zip Code: 40507
Area: 002 - Fayette County NE
Subdivision: Downtown
Tax ID: 16593651
Contract Info
Status: Active
Listing Date: 2024-11-14
Current Price: $849,900
Original List Price: 849900
Listing Price: 849900
General Property Description
Number of Buildings: Two
Number of Stories: Three
# of Bedrooms: 17
# of Full Baths: 18
Total Baths: 18
Year Built: 9999
Lot Size Acres: 0.12
Lot Size Square Feet: 5227
Remarks Misc
Directions: Head northwest on Red Mile Rd toward Tattersalls Way
0.1 mi
Make a U-turn at Tattersalls Way
0.1 mi
Turn left at the 1st cross street onto S Broadway
Pass by Starbucks (on the right)
0.8 mi
Turn right onto W Maxwell St
0.3 mi
Turn left onto S Martin Luther King Blvd
0.6 mi
Turn left onto Constitution St
Destination will be on the left
Status Change Info
Status Change Date: 2024-11-14
Zoning
Current Zoning: Multi family
Utilities
Electricity: Electricity Available
Water: Water Available
Unit Info
# of Units: 15
Property Features
Structure Type: Apartments
Parking: 6 - 10 Spaces
Heating: Baseboard
Cooling: Window Unit(s)
Listing Office: Lifstyl Real Estate
Last Updated: February - 04 - 2025

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