508 College Street, Winchester, KY 40391

$1,000,000
Property Type: Residential Income Lot Size (sq. ft.): 44,867 Status: Closed
Current Price: $1,000,000 List Date: 9/30/2019 Last Modified: 8/26/2025

Overview

Description

Great property with 22 apartments. located in College Park area of Winchester. Twenty apartments are 2BR/1BA and two are 3BR/1BA. Seller has done extensive improvements on the property. Metal roof is 3.5 years old. Hvac-1/2 are new and the other 1/2 are 7-10 yrs.old.110 gallon water heater is less than a year old. Laminate flooring

Listing Details MLS# 1921651

Listing Information

Property Sub Type
Apartment

Status Change Information

Price Change Timestamp
2019-10-31T20:07:49Z
Status Change Timestamp
2019-10-31
Purchase Contract Date
2019-10-04
Close Date
2019-10-30
Close Price
1000000
Buyer Financing
Conventional
Sale Type
Arms Length Sale
Concessions Comments
n/a

Address

County
Clark
Street Number
508
Street Name
College
Street Suffix
Street
State
KY
Zip Code
40391
Directions
Lexington Avenue to Hays Street. Turn on Hays. Hays deadends on College St. Turn right on College St. Property will be on the left side of the street

Contract

Original List Price
1045000
Start Showing Date
2019-09-30
Listing Contract Date
2019-09-30
Listing Agreement
Exclusive Right To Sell
Office Exclusive YN
No
List Price/Acre
1014563.11
Sold Price/Acre
970873.79
SP/LP
0.96

Tax Legal

MLS Area Major
007 - Clark County
Subdivision Name
College Park
High School District
Clark County - 7

Parking Information

Parking Total
35

More Information

Building

Year Built
1960

Lot

Lot Size Acres
1.03
Lot Size Square Feet
44866.84

Utilities

Heating YN
Yes

Remarks

Public Remarks
Great property with 22 apartments. located in College Park area of Winchester. Twenty apartments are 2BR/1BA and two are 3BR/1BA. Seller has done extensive improvements on the property. Metal roof is 3.5 years old. Hvac-1/2 are new and the other 1/2 are 7-10 yrs.old.110 gallon water heater is less than a year old. Laminate flooring

Income and Expenses

Vacancy Allowance Rate
9

Unit Details

Number Of Units Vacant
2

Showing Information

Showing Instructions
Use Show Assist A minimum of 24 hours notice is required Please make appointment between the hours of 9-5 Monday -Friday

Tax & Legal

Middle Or Junior School
Robert Campbell
High School
GRC
Tax Rate
1.1232
Zoning Description
R-1C

Association/Community

Number Of Buildings
2
Number Of Units Total
22

Interior

Bathrooms Half
0

Heating

Electric
Yes
Natural Gas
Yes

Parking Features

On Site
Yes
Paved
Yes

Possession

Negotiable
Yes

Roof

Metal
Yes

Special Listing Conditions

Standard
Yes

Structure Type

Multi Family
Yes

Documents

Amendments
Yes

Property Features

Heating: Electric; Natural Gas Parking Features: On Site; Paved Possession: Negotiable Roof: Metal Special Listing Conditions: Standard Structure Type: Multi Family Documents: Amendments
Listing Office: Keller Williams Bluegrass Realty
Last Updated: August - 26 - 2025
Information deemed reliable but not guaranteed.
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