1801 & 1805 Gerald Dr, Lexington, KY 40511

$874,900
24
BD
12
BA
10,368
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$874,900
MLS#
26028360
Status
ACTIVE
Type
Multifamily
Subtype
Apartment
Bedrooms
24
Bathrooms
12
Full Baths
12
Living Area
10,368
Lot Size
49,005

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

Roof
Flat, Membrane, Dimensional, Shingle
Zoning
R-4
Elementary School
Mary Todd
Middle School
Winburn
High School
Bryan Station

Listing courtesy of Bluegrass Sotheby's International Realty.

How much is your home worth?

...get instant property value now!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks