270 Sherman Ave, Lexington, KY 40502

$445,000
6
BD
2
BA
2,160
SqFt

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List Price
$445,000
MLS#
26024385
Status
ACTIVE
Type
Multifamily
City
Lexington
Area
002 - Fayette County NE
County
Fayette
Bedrooms
6
Bathrooms
2
Living Area
2,160
Lot Size
6,969
Year Built
1920

Property Description

Turnkey investment opportunity in the heart of Lexington's highly desirable Kenwick neighborhood in 40502! This fully occupied duplex offers immediate rental income with both units currently leased and tenants paying all utilities. The downstairs unit rents for $1,500/month with a lease through 2/28/2027, while the upstairs unit rents for $1,580/month with a lease through 1/31/2027—providing $3,080 in combined monthly rent and $36,960 in annual gross rental income. Located just minutes from the University of Kentucky, downtown Lexington, Chevy Chase, shopping, dining and entertainment, this property offers an outstanding location with strong long-term rental appeal. Whether you're looking to expand your portfolio or secure a multifamily property in one of Lexington's most sought-after areas, 270 Sherman Avenue deserves a serious look. Schedule your showing today!

Additional Information

Acres
0.16
Living Area
2,160
Parking Spaces
6
Region
002 - Fayette County NE
Subdivision
Kenwick

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Listing courtesy of The Brokerage.