509 W Third St

Lexington, KY 40508 View Map $530,000 Ask a Question
Beds5
Baths4
Sq.Ft.3,585
Year1920
Kim Soper

Kim Soper

(859) 509-8008

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Status: Sold
Property Type:Single Family Residence
MLS #:22000838
Sq. Feet:3,585
Date Sold:2/21/2022
Lot Size:0.08 Acres
County:Fayette
Walking distance to Transylvania, this Quadplex income property yielding $43,488/year is your 2022 investment opportunity. It's a 2-story home, zoned R-2, converted to a quadplex. All units are currently rented. Each plex offers 1 car detached partially covered garage with opener; and each unit also has a washer/dryer to convey with the sale.Three of the units are 1-bedroom and the 4th unit is a 2 bedroom; all units have 1 full bath. Numerous repairs were completed in April 2021. Your new investment opportunity eagerly awaits its new investor.

Detailed Maps

Price Change History

Date Old Price New Price Percent Change
4/7/2022$540,000$530,000-1.9%

Community Information

Address:509 W Third St, Lexington, KY 40508
Area:001 - Fayette County NW
County:Fayette
City:Lexington
Subdivision:Downtown
Zip Code:40508

School Information

School System:Fayette County - 1
High School:Lafayette
Middle School:Jessie Clark
Elementary School:Picadome

Architecture

Bedrooms: 5
Bathrooms: 4
Year Built:1920
Style:House,1 Story
Construction Materials: Other
Roof: Composition, Flat
Foundation: Block
Basement: Crawl Space
Garage: Detached
Garage Spaces: 4.00

Features / Amenities

Interior Features: Bedroom First Floor, Ceiling Fan(s), Dining Area, Eat-in Kitchen, Entrance Foyer, Entrance Foyer - 2 Story
Floor: Hardwood, Vinyl
Appliances: Dryer, Oven, Refrigerator, Washer
Exterior Features: Porch
Window Features: Blinds
Laundry: Main Level, Washer Hookup
Heating: Electric, Natural Gas
Cooling: Electric

Property Features

Lot Size: 0.08 Acres
Sewer: Public Sewer
Water: Public
Utilities: Water Connected
Fencing: Partial
Directions:Newtown Pike south to W. Third. Turn Left. Property is close to the corner of Third and Jefferson.

Schools

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Listing Information Last Updated 3/28/2024
Listing provided courtesy of Keller Williams Commonwealth.
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