270 Sherman Ave, Lexington, KY 40502
- $445,000
- 6
- BD
- 2
- BA
- 2,160
- SqFt
- List Price
- $445,000
- Status
- ACTIVE
- Days on Market
- 13
- MLS#
- 26024385
- Subtype
- Residential Income
- Year Built
- 1920
- Bedrooms
- 6
- Bathrooms
- 2
- Full Baths
- 2
- Living Area
- 2,160
- Lot Size
- 6,969
- Acres
- 0.16
- Subdivision
- Kenwick
- Neighborhood
- 002 - Fayette County NE
- MLS Area Major
- 002 - Fayette County NE
Property Description
Turnkey investment opportunity in the heart of Lexington's highly desirable Kenwick neighborhood in 40502! This fully occupied duplex offers immediate rental income with both units currently leased and tenants paying all utilities. The downstairs unit rents for $1,500/month with a lease through 2/28/2027, while the upstairs unit rents for $1,580/month with a lease through 1/31/2027—providing $3,080 in combined monthly rent and $36,960 in annual gross rental income. Located just minutes from the University of Kentucky, downtown Lexington, Chevy Chase, shopping, dining and entertainment, this property offers an outstanding location with strong long-term rental appeal. Whether you're looking to expand your portfolio or secure a multifamily property in one of Lexington's most sought-after areas, 270 Sherman Avenue deserves a serious look. Schedule your showing today!
Additional Information
- Heating
- Heat Pump
- Air Conditioning
- Electric
- Roof
- Shingle
- Parking Features
- On Site
- School District
- Fayette County - 1
- Elementary School
- Ashland
- Middle School
- Morton
- High School
- Henry Clay
Mortgage Calculator
Listing courtesy of Tyler I Back of The Brokerage.