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1801 & 1805 Gerald Dr, Lexington, KY 40511

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

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List Price: $874,900
MLS#: 26028360
Status: ACTIVE
Type: Multifamily
City: Lexington
Area: 001 - Fayette County NW
County: Fayette
Bedrooms: 24
Bathrooms: 12
Living Area: 10,368
Lot Size: 49,005
Year Built: 1976

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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.

502-839-7409

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Additional Information

Acres: 1.13
Living Area: 10,368
Parking Spaces: 24
Region: 001 - Fayette County NW
Subdivision: Winburn Estates
Utilities: Cable Available, Electricity Available, Phone Available, Sewer Connected, Water Available
Zoning: R-4