List Price: $940,000
Type/Style
Apartments
Approx. Total Sq. Ft: 9716
Lot Size / Acreage: 0.452 acres, 19710 sq.ft
Electric
0
Listing Date: 12/31/1969
Entry Date: 12/31/1969
Status: A
City: Lexington
State: KY
Zip Code: 40508
Area: Fayette County SE 3
County: Fayette
APN: 16226220
Subdivision: Uk Campus
Tax Rate: 1
Terms
Sale
Bldg Expan Potential Desc: Yes
Bldg Expan SF: 0
Lot Expan Potential Desc: No
Lot Expan SF: 0
# Buildings/Improvements: One
Stories: Three
Parking
11 - 20 Spaces
Graveled
On Site
Fuel Source
Electric
Gas
Sprinklers: None
Gross Sch Rent Inc: 86,520
Other Income: 0
Total Gross Income: 0
Credit Losses And Vac: 0
Gross Operating Inc: 0
Less Operating Exp: 0
Net Operating Income: 67,306
Total Ann Debt Srv: 0
Land Lease: 0
Cash Flow Before Tax: 0
Acct Legal $ Col: 0
Adv License And Permit: 0
Property Insurance: 2,095
Property Management: 0
Payroll: 0
Resident Manager: 0
Other Contract Labor: 0
Taxes Work Comp: 0
Pers Property Taxes: 0
Real Estate Taxes: 4,927
Repairs And Maint: 4,196
Elevators: 0
Janitorial Services: 0
Rubbish Services: 0
Water Services: 5,400
Sewer And Water: 0
Telephone Exp: 0
Other Expense A (number): 0
Other Expense B (number): 0
Total Operating Exp: 0
MLS #: 1,009,674
Listing Office missing: RE/MAX Creative Realty |
Bedrooms: 0
Full Baths: 0
Half Baths: 0
Quarter Baths: 0
3/4 Baths: 0
Roof
Tile
Heat
Forced Air
Heat Pump
Air Conditioning
Electric
Heat Pump
|
Marketing Remarks: Investment Opportunity! Updated Appraisal at office for your inspection, completed April 2010. List price per Appraisal. 266 - 268 Lexington Ave. is 15 unit apartment building. Back, vinyl siding part of building was added on approximately 1981. Rents from $375 for efficiency to $575 for 2 bedroom apartments. Ten 2 Bedroom, Four 1 Bedroom, plus 1 Efficiency. Each apartment with it's own bath, cooking range, ref. and dishwasher. All Apartments have central air. 260 Lexington Ave. is vacant lot (50 by 142) Sites receive all utilities, gas, electric, water and sanitary sewer.Most apartments have washer/dryer hook ups. All windows are metal with vinyl tile roof. Fully rented for $7,060 per month ($86,520 per year) Expenses include R.E. Taxes, Insurance, Water, maintenance/Repair gives net income of Approximately $67,306. per appraisal. Both properties borded on all sides by other single or multi family residences. |
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Listing Office missing: RE/MAX Creative Realty
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