Address
320 Georgetown Place Lexington, KY
Price
$ 125,000
Property Attributes
- MLS#1926416
- TypePending
- CountyFAYETTE
- CityLexington
- AreaFayette County NW 1
- NeighborhoodDowntown
- Zip40508
- StyleApartments
- Price$ 125,000
- Bedrooms20
- Full Bathrooms20
- Half Bathrooms0
- Sqr Footage18030
- Lot Size0.61 Acres
Listing Provided Courtesy Of:
Riesig Realty
Property Description
Located in an opportunity zone is 320 Georgetown Place, with over 18,000 sq ft above grade and an additional 2,000 usable sq ft in the basement. Building plans have already been submitted and approved to convert to a 20 unit apartment building with 14 one bedroom units and 6 two bedroom units and adjacent parking lot. There is a possibility that more units. Construction and management are in place. contact listing agent for details.
| Price History | |
|---|---|
| 12/3/2019 | Listed $295,000 |
| 3/30/2020 | 14% - $255,000 |
| 7/7/2020 | 32% - $175,000 |
| 7/29/2020 | 29% - $125,000 |
General Features
| # of Buildings | One |
|---|---|
| Board Loaded | No |
| High School District | Fayette County |
| MLS Area | Fayette County NW 1 |
| Other Contract Labor | 1200000 |
| Parking Features | 21 - 35 Spaces, Paved |
| Possession | Close Of Escrow |
| Potential Zoning | Commercial or religious |
| Property SubType | Multi-Housing |
| Property Type | Multi-Housing |
| Region | Areas |
| Roof | Other |
| Sub Lease Expiration Date | 1800-01-01T00:00:00 |
| Subdivision Name | Downtown |
| Tax Rate | 1.2777 |
| Total Units | 20 |
| Type | Apartments |
| Year Built | 1976 |
| Zoning Description | R-4- HIGH DENSITY APARTMENT |
Interior Features
| Full Baths | 20 |
|---|---|
| Living Area | 18030.00 |
| Stories | Three |
| Total Bedrooms | 20 |
Exterior Features
| Bathrooms | 20.00 |
|---|---|
| Bldg Expan Potential | Yes |
| Lot Size Acres | 0.61 |
| Lot Size Square Feet | 26580.00 |
| Lot Size Units | SqFt |
| Sprinklers | None |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 40508
Price
Visits
Year Built
Walkscore
Data last updated: January 25, 2021 7:34 AM UTC and updating occurs daily
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