258 E Second Street, Lexington, KY 40507

$830,000
Property Type: Commercial Sale Square Footage: 5,036 Lot Size (sq. ft.): 10,890 Status: Closed
Current Price: $830,000 List Date: 11/07/2018 Last Modified: 9/03/2025

Overview

Description

Investors take note! This newly constructed apartment building features eight units in two separate buildings located in the heart of downtown. 100% ground up construction features new everything. The well appointed units feature LVP flooring, shaker style cabinetry, quartz countertops and stainless steel appliances. All units are occupied, agents see agent remarks for current rent rolls. All units metered separately, space for additional units to be built. Call today for a private showing!

Listing Details MLS# 1825251

Status Change Information

Price Change Timestamp
2019-10-23T14:03:06Z
Status Change Timestamp
2019-10-23
Purchase Contract Date
2019-09-05
Close Date
2019-10-18
Close Price
830000
Buyer Financing
Conventional
Sale Type
Arms Length Sale
Concessions Comments
No

Address

County
Fayette
Street Number
258
Street Direction Prefix
E
Street Name
Second
Street Suffix
Street
State
KY
Zip Code
40507

Contract

Original List Price
1050000
Start Showing Date
2018-11-07
Listing Contract Date
2018-11-07
Listing Agreement
Exclusive Right To Sell
Occupant Type
Tenant
Office Exclusive YN
No
SP/LP
0.83

Tax Legal

MLS Area Major
001 - Fayette County NW
Subdivision Name
Downtown

Interior

Living Area
5036

Parking Information

Parking Total
10

More Information

Lot

Lot Size Acres
0.25
Lot Size Square Feet
10890.01

Remarks

Public Remarks
Investors take note! This newly constructed apartment building features eight units in two separate buildings located in the heart of downtown. 100% ground up construction features new everything. The well appointed units feature LVP flooring, shaker style cabinetry, quartz countertops and stainless steel appliances. All units are occupied, agents see agent remarks for current rent rolls. All units metered separately, space for additional units to be built. Call today for a private showing!

Tax & Legal

Tax Rate
1.2774
Zoning Description
B-2A
Directions
North Martin Luther King to East Second Street.

Listing Terms

Lease Option
Yes

Property Condition

New Construction
Yes

Roof

Shingle
Yes

Security Features

Fire Sprinkler System
Yes

Special Listing Conditions

Standard
Yes

Business Type

Other
Yes

Tenant Pays

Electricity
Yes
Water
Yes

Property Features

Business Type: Other Listing Terms: Lease Option Property Condition: New Construction Roof: Shingle Security Features: Fire Sprinkler System Special Listing Conditions: Standard Tenant Pays: Electricity; Water
Listing Office: Milestone Realty Consultants
Last Updated: September - 03 - 2025
Information deemed reliable but not guaranteed.
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