1801 & 1805 Gerald Dr, Lexington, KY 40511

$874,900
24
BD
12
BA
10,368
SqFt
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List Price
$874,900
MLS#
26028360
Status
ACTIVE
Type
Multifamily
Subtype
Apartment
Bedrooms
24
Bathrooms
12
Full Baths
12
Living Area
10,368
Lot Size
49,005
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(859) 983-7999

Property Description

Excellent investment opportunity featuring two six-unit apartment buildings at 1801 and 1805 Gerald Drive. The property offers 12 total units, each with 2 bedrooms and 1 bathroom, totaling 24 bedrooms and 12 bathrooms. Individually metered units, along with updated electrical systems and HVAC, provide added value for ownership and management. An income-producing multifamily asset offering investors the opportunity to expand their portfolio with established rental potential.

(859) 983-7999
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Additional Information

Roof
Flat, Membrane, Dimensional, Shingle
Zoning
R-4
Elementary School
Mary Todd
Middle School
Winburn
High School
Bryan Station
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Listing courtesy of Bluegrass Sotheby's International Realty.