705 W Lexington Ave, Winchester, KY 40391

$525,000
6
BD
5
BA
5,552
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$525,000
MLS#
26029637
Status
ACTIVE
Type
Single Family Residential
Subtype
Single Family Residence
Bedrooms
6
Bathrooms
5
Full Baths
5
Living Area
5,552
Lot Size
26,572

Property Description

Welcome to 705 West Lexington Avenue, where historic charm, modern improvements, and exceptional investment potential come together in one remarkable property. Offering approximately 5,427 square feet on a generous approximate 0.61-acre lot, this distinctive Winchester property presents a rare opportunity to capitalize on substantial renovations already underway while bringing your own vision to life. Behind its timeless architectural character, you'll discover an impressive transformation in progress. Significant improvements have already been made, including updated kitchen and bathrooms, giving the next owner a valuable head start toward completing this extraordinary property. Generously proportioned rooms, distinctive architectural details, and an expansive floor plan create an exceptional canvas for a spectacular private residence or potential investment venture. While additional renovations and finishing touches remain, the groundwork has been laid for something truly special. An added bonus? An attached one-and-a-half-bedroom apartment offering exciting rental income potential! Whether you're seeking supplemental income, accommodations for extended family, or additional flexibility, this unique feature adds another dimension of value and opportunity. Previously identified as B-3 (Highway Business) zoned, the property may also present possibilities for commercial or mixed-use applications, subject to verification and applicable approvals. Its prominent location along West Lexington Avenue, convenient to downtown Winchester and Lexington, further enhances its appeal. Opportunities with this combination of size, character, improvements, income potential, and versatility are not easily found! For the visionary homeowner, savvy investor, or entrepreneur seeking their next project, 705 West Lexington Avenue offers the chance to finish an exciting transformation and unlock exceptional possibilities. The vision has begun. The opportunity is yours. Schedule your private showing and discover what this remarkable property could become!

Additional Information

Year Built
9999
Appliances
Dryer, Dishwasher, Refrigerator, Washer, Self Cleaning Oven
Basement
Exterior Entry, Full, Interior Entry, Unfinished, Walkout, Walk Up Access
Sewer
Public Sewer
Foundation
Block
Flooring
Tile, Hardwood, Tile
Heating
Electric
Exterior Features
Fire Pit, Garden
Interior Features
Eat-In Kitchen, In-Law Arrangement, Primary Downstairs, Walk-In Closet(s), Ceiling Fans, Soaking Tub
Elementary School
Justice
Middle School
Robert Campbell
High School
GRC
Water
Public
Roof
Shingle

How much is your home worth?

...get instant property value now!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Rogers Realty, LLC.