Address
320 Georgetown Place Lexington, KY
Price
$ 125,000
Property Attributes
  • MLS#1926416
  • TypePending
  • CountyFAYETTE
  • CityLexington
  • AreaFayette County NW 1
  • NeighborhoodDowntown
  • Zip40508
  • StyleApartments
  • Price$ 125,000
  • Bedrooms20
  • Full Bathrooms20
  • Half Bathrooms0
  • Sqr Footage18030
  • Lot Size0.61 Acres
Listing Provided Courtesy Of:
Riesig Realty
Property Description

Located in an opportunity zone is 320 Georgetown Place, with over 18,000 sq ft above grade and an additional 2,000 usable sq ft in the basement. Building plans have already been submitted and approved to convert to a 20 unit apartment building with 14 one bedroom units and 6 two bedroom units and adjacent parking lot. There is a possibility that more units. Construction and management are in place. Please contact listing agent for details.

Price History
12/3/2019 Listed $295,000
3/30/2020 14% - $255,000
7/7/2020 32% - $175,000
7/29/2020 29% - $125,000

General Features

# of Buildings One
Board Loaded No
High School District Fayette County
MLS Area Fayette County NW 1
Other Contract Labor 1200000
Parking Features 21 - 35 Spaces, Paved
Possession Close Of Escrow
Potential Zoning Commercial or religious
Property SubType Multi-Housing
Property Type Multi-Housing
Region Areas
Roof Other
Sub Lease Expiration Date 1800-01-01T00:00:00
Subdivision Name Downtown
Tax Rate 1.2777
Total Units 20
Type Apartments
Year Built 1976
Zoning Description R-4- HIGH DENSITY APARTMENT

Interior Features

Full Baths 20
Living Area 18030.00
Stories Three
Total Bedrooms 20

Exterior Features

Bathrooms 20.00
Bldg Expan Potential Yes
Lot Size Acres 0.61
Lot Size Square Feet 26580.00
Lot Size Units SqFt
Sprinklers None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 40508

Price
AVG $380K
$130K
Visits
AVG 41
190
Year Built
AVG 1926
1976
Walkscore
AVG 75
67
Data Provided by Walkscore ® not using MLS data

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