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40503 (Lexington, KY)

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301-343 Burley Ave Lexington, KY 40503
1,364 Sq. Ft
3 Full Baths
Courtesy Of RE/MAX Creative Realty
MLS# 1409655
22 one year new town homes located just a short walk from the edge of the University Of Kentucky Campus.All of the town homes are expected to be leased starting August 1, 2014.100% occupancy rate in 2013. All are 4 bedroom town homes generating approximately $1,700 per month cash flow ($425 per bedroom). They offer extremely nice affordable housing very close to campus with no need to drive to campus.9% gross return on investment. Appraisal on file.6 street lights located on the property for additional security.Laminate flooring in the kitchen-living room, tile flooring in all baths, all kitchen appliances plus washer-dryer are included.Mold resistant drywall utilized during construction.No for sale sign on property.
Age: 1-5 Years Old
Architecture Style: Other
Cooling System: None
Lot Size: 1.3 Acres
Parking Type: Paved or Surfaced
Roof Type: Composition Shingle
Rooms: Full Bath

40503 (Lexington, KY) Real Estate & Homes for Sale - 1 Listing Found

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