613 Shropshire Ave, Lexington, KY 40508
FOR SALE

613 Shropshire Ave
Lexington, KY 40508

Duncan Park
  • Studio
  • Studio

$600,000

Est. Mortgage $3,682/mo*
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Local Information

map showing home location
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Commute Destination

Description

Six unit apartment building located near downtown Lexington on the Winchester Road corridor. All units are 1 bed/1bath with ceramic tile throughout, updated cabinets, stainless steel appliances, in unit washer/dryer. Currently used as long term rental with units rented at $650-$725. Market rate for the area should be $700-$725. All units are metered separately for water and electric. Tenants pay all utilities for each unit currently. Building is now fully leased with 100% occupancy. Other units can be viewed with accepted contract. The building and location also has strong potential for short term rental.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
104 days ago

Home Details for 613 Shropshire Ave

Interior Features

Appliances & Utilities
Utilities: Electricity Available, Sewer Connected, Water Connected
Heating & Cooling
Heating: Baseboard,Electric,Forced AirHas CoolingAir Conditioning: Window Unit(s)Has HeatingHeating Fuel: Baseboard
Levels, Entrance, & Accessibility
Levels: One

Exterior Features

Exterior Home Features
Roof: Shingle
Parking & Garage
Parking: 6 - 10 Spaces
Surface & Elevation
Elevation Units: Feet

Days on Market

Days on Market: 104

Property Information

Year Built
Year Built: 1965
Property Type / Style
Property Type: Residential IncomeProperty Subtype: ApartmentStructure Type: ApartmentsArchitecture: Apartments
Property Information
Parcel Number: 12348100

Price & Status

Price
List Price: $600,000
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: Active

Location

Direction & Address
City: LexingtonCommunity: Downtown
School Information
Jr High / Middle School: Not Applicable

Agent Information

Listing Agent
Listing ID: 22026752

Community

Number Of Vacant Units: 1

Lot Information

Lot Area: 8750 sqft

Compensation

Buyer Agency Commission: 2.00Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

Mls Number: 22026752
Last check for updates: about 9 hours ago
Listing courtesy of Brian Raisler, (859) 492-1563
Mayca Property Solutions
Source: Bluegrass REALTORS®, MLS#22026752

Price History for 613 Shropshire Ave

DatePriceEventSource
01/14/2024$600,000Listed For SaleBluegrass REALTORS® #22026752
12/24/2023ListingRemovedBluegrass REALTORS® #22026752
12/23/2022$600,000Listed For SaleBluegrass REALTORS® #22026752

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Bed
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2,155
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0.61
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$780,000
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4
4,783
728 & 734 N Broadway St, Lexington, KY
0.77
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2,470

Neighborhood Overview

Duncan Park
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Duncan Park

  • Trulia User
    "West sixth is right down the street, the people that live on the block are very friendly. It’s a great sometimes quiet neighborhood "
    1
    Flag
  • B.
    "loud neighborhood. cars with bass play music at all hours and have no respect for neighbors. not safe. people throw trash on sidewalks and grass. robberies happen all the time. prostitution, drugs, not somewhere you want to live. only positive is there is a bus line. "
    22
    Flag
  • Naomi S.
    "I love the fact the store is around the corner and family live very close by and people are very friendly and quiet street"
    4
    Flag
  • Matt W
    "I either walk or drive, about a 10 minute walk or a 3 minute drive. There are main bus routes in the neighborhood though making it very easy to get downtown quickly. "
    1
    Flag
  • Krn_allen
    "The drug and prostitution problem. It’s really getting out of control. I hate when the children are getting out of school and they have to see a lot of the foolishness while walking home. "
    14
    Flag
  • SamanthaLink7
    "It’s close to downtown, and so there is plenty space to walk your dog. There is plenty sidewalk space to you don’t have to pick where you walk. In the summer the water fountains are running and the dogs love to play in them. "
    6
    Flag

LGBTQ Local Legal Protections

Brian Raisler, Mayca Property Solutions
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
613 Shropshire Ave, Lexington, KY 40508 is a studio multi-family built in 1965. 613 Shropshire Ave is located in Duncan Park, Lexington. This property is currently available for sale and was listed by Bluegrass REALTORS® on Jan 14, 2024. The MLS # for this home is MLS# 22026752.