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CENTURY 21 Virginia Wilder Real Estate
1801 & 1805 Gerald Dr, Lexington, KY 40511
- $874,900
- 24
- BD
- 12
- BA
- 10,368
- SqFt
- List Price
- $874,900
- Status
- ACTIVE
- Days on Market
- 30
- MLS#
- 26028360
- Subtype
- Residential Income
- Year Built
- 1976
- Bedrooms
- 24
- Bathrooms
- 12
- Full Baths
- 12
- Living Area
- 10,368
- Lot Size
- 49,005
- Acres
- 1.13
- Subdivision
- Winburn Estates
- Neighborhood
- 001 - Fayette County NW
- MLS Area Major
- 001 - Fayette County NW
Property Description
Excellent investment opportunity featuring two six-unit apartment buildings at 1801 and 1805 Gerald Drive. The property offers 12 total units, each with 2 bedrooms and 1 bathroom, totaling 24 bedrooms and 12 bathrooms. Individually metered units, along with updated electrical systems and HVAC, provide added value for ownership and management. An income-producing multifamily asset offering investors the opportunity to expand their portfolio with established rental potential.
Additional Information
- Zoning
- R-4
- Heating
- Electric, Forced Air, Heat Pump
- Air Conditioning
- Central Air, Electric
- Roof
- Flat, Membrane, Dimensional, Shingle
- Parking Features
- On Site, Paved, Open
- School District
- Fayette County - 1
- Elementary School
- Mary Todd
- Middle School
- Winburn
- High School
- Bryan Station
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Listing courtesy of James N Turek of Bluegrass Sotheby's International Realty.