(Leased) Rare Apartment Property Offering - Historic Property Downtown Lexington

108,110,112,114 Church Street, Lexington, 40507

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Multi-Family | For Sale | $690,000 | 10,000 sqft

Rare offering, historic downtown multifamily / mixed used property directly across from the federal court house, downtown Lexington. 100% occupancy, gross annual revenue $71,280. This three story building enjoys 4 entrances on Church Street, two ground floor commercial tenants (Merit Furniture & A La Lucie Restaurant Office/Commissary). The second and third floors have been completely renovated between 1995 - 2000, including new wiring and electric, new plumbing and water heaters, new furnaces and central air units, all new interior walls, doors and cabinets. The first floor spaces also had all new electrical, mechancial and plumbing installed as well. The building and units are separately metered for gas and electric, landlord pays the water and trash collection. Don't miss this rare, exceptionally located downtown investment property. Enjoy long term yield and appreciation with this property acquisition.

Price Per Sqft: $69

Available: 10/30/2011

Listing ID: 185775


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108,110,112,114 Church Street Details:

Building Description:

Rare offering, historic downtown multifamily / mixed used property directly across from the federal court house, downtown Lexington. 100% occupancy, gross annual revenue $71,280. This three story building enjoys 4 entrances on Church Street, two ground floor commercial tenants (Merit Furniture & A La Lucie Restaurant Office/Commissary). The second and third floors have been completely renovated between 1995 - 2000, including new wiring and electric, new plumbing and water heaters, new furnaces and central air units, all new interior walls, doors and cabinets. The first floor spaces also had all new electrical, mechancial and plumbing installed as well. The building and units are separately metered for gas and electric, landlord pays the water and trash collection. Don't miss this rare, exceptionally located downtown investment property. Enjoy long term yield and appreciation with this property acquisition.

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