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CENTURY 21 Virginia Wilder Real Estate
272 Douglas Ave, Versailles, KY 40383
- $190,000
- 3
- BD
- 3
- BA
- 2,472
- SqFt
- Sold Price
- $190,000
- List Price
- $200,000
- Status
- CLOSED
- Days on Market
- 41
- Closing Date
- Dec 29, 2025
- MLS#
- 25505421
- Subtype
- Residential Income
- Year Built
- 1960
- Bedrooms
- 3
- Bathrooms
- 3
- Full Baths
- 3
- Living Area
- 2,472
- Lot Size
- 1,200
- Acres
- 0.03
- Subdivision
- Downtown
- Neighborhood
- 010 - Woodford County
- MLS Area Major
- 010 - Woodford County
Property Description
Investor-Ready Triplex: Immediate Cashflow Opportunity in Downtown Versailles! A rare and profitable investment awaits in the heart of charming Downtown Versailles. This triplex is 100% occupied, offering the discerning investor immediate, stabilized cashflow from day one—no leasing costs or vacancy risk. Tenants benefit from a prime, highly walkable location, granting instant access to all of Downtown's unique amenities, dining, and shopping. Exceptional connectivity is ensured with the proximity to the Versailles Bypass, providing seamless travel via Frankfort Road and Lexington Road. Crucially, the rental rates have not been adjusted since the current owner purchased property, presenting a clear and immediate value-add opportunity for the next owner to maximize returns to current market standards. All leases are on month-to-month tenancy; $850/mo per unit are believed are the current market rents for the unit. A refined asset in a desirable, historic locale.
Additional Information
- Heating
- Baseboard, Electric, Natural Gas
- Air Conditioning
- Window/Wall
- Roof
- Shingle
- Parking Features
- On Site, Paved
- School District
- Woodford County - 10
- Elementary School
- Southside
- Middle School
- Woodford Co
- High School
- Woodford Co
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Listing courtesy of The Prather Team - Michael Prather of Keller Williams Bluegrass Realty.
Selling Office: .