Lexington, KY 40504,115 Delmont Drive
Lexington, KY 40504,115 Delmont Drive
Lexington, KY 40504,115 Delmont Drive
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Rachel Good

Rachel Good

+1(859) 304-1110
$500,000
8 Beds
4 Baths
3,600 SqFt
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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,600 sqft

Price per Sqft $138

Subdivision Commercial

MLS Listing ID 26001822

Bedrooms 8

Full Baths 4

Year Built 1950

Lot Size 0.344 Acres

Acres 0.34

Property Sub-Type Quadruplex

Property Description

115 Delmont Drive is a 4-unit multifamily property in Lexington, KY. The property, built in 1950, is 3,600 square feet and situated on 0.344 acres. Each unit is 800 square feet and offers two bedrooms, one bathroom, and a detached garage. The units feature hardwood floors, a kitchen, dining area, and living room. All utilities are individually metered and paid by Tenants. The property is located on a quiet residential street with off-street parking for all units. The location offers easy access to New Circle Road, downtown Lexington, and amenities on Versailles Road. This property can be sold individually or along with other properties in a 60-unit multifamily portfolio. The 60-unit multifamily portfolio is strategically located in the heart of Central Kentucky, offering excellent access to major employment centers, universities, healthcare centers, and retail corridors. The Central Kentucky area benefits from strong renter demand, low vacancy rates, and a stable market. This is a rare opportunity to acquire a large and stabilized multifamily portfolio in one of Kentucky's most reliable rental markets. The other properties in the portfolio are 1416 Townley Drive, Lexington, KY and 200 N. Hill-N-Dale Street, Danville, KY. Financials available upon request.

Location

State KY

County Fayette

Zoning R-1C

Interior

Heating Other

Cooling Other

Exterior

Parking Features Covered, On Site

View Y/N N

Handicap Access No

Private Pool No

Schools

Elementary Schools Harrison

Middle Schools Lexington Trad

High Schools Lafayette

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Imagine MLS / Bluegrass Association of REALTORS (LBAR)
Listed by Block + Lot Real Estate

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Rachel Good

Rachel Good

+1(859) 304-1110

Agent | License ID: 241195

Agent License ID: 241195

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