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2809 S Cherry Street

Lexington, IN 47138
  • $199,000
  • STATUS: Active
  • ON SITE: 98 Days
  • MLS #: 202109149
UPDATED: 39 min ago
$199,000
  • 8
    BEDS
  • 0.31
    ACRES
  • 3
    BATHS
  • 1
    1/2 BATHS
  • 2,360
    SQFT
  • $84
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1940
County:
Area:

School Ratings & Info

Description

Investment Property! This Multi-Family, 4 unit apartment building consists of 2 efficiency apartments, a 4 BR apartment and a 2 BR apartment. Good income potential for your portfolio! Rents are as follows: 4BR upstairs apartment @ $700/mo, 2BR 1st floor apartment @ $750/mo, efficiency apartment $550/mo, ground level efficiency apartment is currently being used for storage, but can be used as a storefront business as well.

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© 2021 Southern Indiana Realtors Association. All rights reserved. IDX information is provided exclusively for consumers' 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 is not guaranteed accurate by the MLS or Elite Home Advisors. Data last updated: 2021-10-19T08:04:20.543.
www.yournextkentuckianahome.com/homes/119243409
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2809 S Cherry Street Lexington, IN 47138

  • Price: $199,000
  • Status: Active
  • Updated: 39 min ago
  • MLS #: 202109149
8
Beds
3
Baths
1
½ Baths
0.31
Acres
2,360
SQFT
$84
$/SQFT
1940
Built
Neighborhood:
Lexington
County:
Scott
Area:
Lexington
Property Description
Investment Property! This Multi-Family, 4 unit apartment building consists of 2 efficiency apartments, a 4 BR apartment and a 2 BR apartment. Good income potential for your portfolio! Rents are as follows: 4BR upstairs apartment @ $700/mo, 2BR 1st floor apartment @ $750/mo, efficiency apartment $550/mo, ground level efficiency apartment is currently being used for storage, but can be used as a storefront business as well.
Exterior Features

Construction Materials BrickFrame Exterior Features DeckPorch Garage YN No Patio And Porch Features CoveredDeckPorch Road Surface Type Paved

Interior Features

Above Grade Finished Area 2360 Basement Crawl Space Basement YN No Below Grade Finished Area 0 Building Area Total 2360 Cooling Central AirWindow Unit(S)Wall/Window Unit(S) Cooling YN Yes Fireplace YN No Heating Forced Air Heating YN Yes Interior Features Ceiling Fan(S)Eat-In KitchenBath in Master BedroomUtility Room Rooms Total 0

Property Features

Community Features Sidewalks Development Status Under Construction Listing Terms CashConventional New Construction YN No Possession Negotiable Property Condition Resale Property Sub Type Residential Property Sub Type Additional Residential Sewer Sanitary Tax Annual Amount 1459 Township Lexington Water Source ConnectedPublic

Listing courtesy of Fred Bishop at Hoosier Realty.


© 2021 Southern Indiana Realtors Association. All rights reserved. IDX information is provided exclusively for consumers' 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 is not guaranteed accurate by the MLS or Elite Home Advisors. Data last updated: 2021-10-19T08:04:20.543.
 
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Elite Home Advisors
1994 Charlestown New Albany Pike
Jeffersonville IN, 47130