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Nearby Schools
Cardinal ValleyElementary School
BeaumontMiddle School
DunbarHigh School
Description
Attention Investors! 8% potential cap rate. Don't miss this excellent opportunity to own a 10-unit multifamily property with strong income potential. The building features 6 one-bedroom units and 4 two-bedroom units, offering a desirable unit mix for a wide range of tenants. Each unit includes a refrigerator and stove and is separately metered for utilities, helping reduce owner expenses and simplify management. The property also boasts a large attic space, providing valuable storage or potential for additional possible rental income with future development. Additional value could be added by coverting Two-bedroom units into three-bedroom units by enclosing the dining room and adding a closet. Potential to increase rents through upgrades or reconfiguration. Major improvement already completed: New flooring in #4,5, 6 & 8 2026, New Paint in 4, 6 & 8 2026, Joist Replacement 2025, New carpet in hallway 2026, New Roof & removed dormers 2025 New Water Heaters #2, #10 2025, #9 2026, New Panel Box #4 2024, New Air Conditioners #4, #7 2024. Don't miss this investment opportunity.
Location
Listed By
Listing Agent
S Ann Wesley
Assurance Realty & Property Management
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than Lifstyl Real Estate are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. Information Deemed Reliable but Not Guaranteed. © LBAR Multiple Listing Service. All rights reserved. Updated: 28th April, 2026 11:39 PM (UTC)
Listing Agent: S Ann Wesley
Listing Office: Assurance Realty & Property Management
