321 Clay Avenue
321 Clay Avenue Lexington, Kentucky 40502 United States

$515,000
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This is a fantastic opportunity for an owner occupant or investor! This beautiful historic triplex is in a great location minutes from Chevy Chase, UK, Kroger's, Woodland Park, downtown, shopping, and restaurants. The current monthly income is...

The Kinglander Company

Listing Courtesy of The Kinglander Company
3
Bedrooms
3
Full Baths
6,150 Sq Ft.
Interior
.141 Acres
Exterior
Multi Family
Property type
1950
Year Built
20114609
Web Id
20114609
MLS ID
Uk Campus
Subdivision
Fayette County
School District
Cassidy
Elementary
Morton
Middle
Henry Clay
High
130
days ago

About 321 Clay Avenue

This is a fantastic opportunity for an owner occupant or investor! This beautiful historic triplex is in a great location minutes from Chevy Chase, UK, Kroger's, Woodland Park, downtown, shopping, and restaurants. The current monthly income is over $2k, two units are leased, the 3rd is a successful Airbnb. This property could easily be converted back into a single-family home. The roof was replaced in 2016, The Large downstairs Apartment rents for $695/month, including utilities (currently rented under market value to a long-term tenant). This unit has central Air, gas furnace with electric heat pump, original hardwood floors and wood trim throughout, a beautifully tiled fireplace and mantel (non-working) and a custom built in wardrobe, ceiling fans, updated windows, kitchen with gas range, refrigerator, laundry room, mudroom, access to the unfinished basement, large wrap around front porch. Unit # 2 is a successful Airbnb that averages $775/month, priced low, central Air, separate gas furnace, updated kitchen. . Super cute upstairs Studio Apartment with a 'treehouse' feel, is currently leased for $595 + electric, baseboard heat and window AC ,with a private deck.

Listing Courtesy of The Kinglander Company

features

cooling
Heat Pump

PROPERTY INFORMATION

Cooling
Combination
Heating
Heat Pump
Parking Description
1 - 5 Spaces

EXTERIOR

Roofing
Composition
Listing Courtesy of The Kinglander Company

The Kinglander Company

Listing Courtesy of The Kinglander Company
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