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Vicky Bouchard - Louisville Branch
502-931-9156
414 Merino St, Lexington, KY 40508
4 Beds
3 Baths
1,823 sqft

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An Investor's Dream! This property is being sold as a package with 410 Merino St (a six-plex/six bedroom apartment complex that's brand new), 418 Merino (2 bed, 1 bath single family)as well as 2 lots directly behind the properties on 425 and 423 Poplar Street 40508. The lots are zoned R-4 for high density apartments. This downtown location is PRIME--a couple blocks from Rupp Arena and right off Maxwell. The current properties are fully occupied with tenants. In summary, 5 properties being sold together (2 lots, single family home, triplex and six-plex). The package includes the following MLS #'s: 1821876, 1821803, 1821874, 1821889, 1822021
  • Price:
  • $1,300,000
  • Bedrooms:
  • 4
  • Full Baths:
  • 3
  • Square Footage:
  • 1,823
  • Acreage:
  • 0.14
  • Year Built:
  • 1964
  • Listing ID #:
  • 1822021
  • Street Address:
  • 414 Merino St
  • City:
  • Lexington
  • State:
  • Kentucky
  • Postal Code:
  • 40508
  • County:
  • Fayette
  • Community:
  • Fayette County Sw 4
  • Subdivision:
  • Davis Park
  • Listing Status:
  • Active
  • Stories:
  • One
  • Total # Of Buildings:
  • One
  • Total Building Square Footage:
  • 1823
  • Type Of Roof:
  • Composition
  • Year Built:
  • 1964
  • Gross Income:
  • 25716
  • Net Operating Income:
  • 23410
  • Conforms To Zoning:
  • R-4
  • Lot Square Footage:
  • 6183.00
  • Days On Market:
  • 298
  • Lease Type:
  • Net
  • Terms:
  • Sale
  • Property Taxes:
  • $825
  • Parking Description:
  • 1 - 5 Spaces
  • Heating Fuel:
  • Gas, Electric
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo
  • Listing Provided By United Real Estate Lexington
  • LEXING
  • Schools information provided by ATTOM

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