$588,800 132 E Third Street Lexington, KY

MLS: 1618591   Type: Multi-Family   County: Fayette   City: Lexington   Area: Fayette County Ne 2   Neighborhood: Downtown   Zip: 40508   Style: Triplex     Stories: 2

Mortgage $2,764 /mo



Half Baths

Sqr Footage

Lot Size








132 E. Third St. is an Italianate style house, portions of which date to the 1830's. Shown on the 1855 map of Lexington the exterior has had its present look since about 1870. A thorough and complete renovation in 2005 split the house into 3 luxury units with an effective age of 10 years, all fully leased. Landlord pays about $35/mo in utilities, tenants pay the rest. The renovation complied with the National Park Service Renovation Guidelines, LFUCG Building Inspection & the Board of Architectural Review and was approved for historic preservation tax credits. The lot backs up to Huston Ally and could accommodate an additional unit or large garage. Zoned B2A, the property could have commercial, retail or residential use. New kitchens, spa-like baths, hardwood floors, exposed brick, historic woodwork & large lot with front and rear access.2 blocks from Gratz Park, Transylvania U, shops, restaurants & all Lexington has to offer.

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Price History

8/19/2016 Listed $588,800

# of Buildings One
Adv License & Permit 0
Amenities Security System
Board Loaded No
Cable Tv Services 0
Gross Operating Inc. 0
Janitorial Services 0
MLS Area Fayette County NE 2
Other Contract Labor 0
Other Expense (a) 0
Other Expense (b) 0
Property Management 0
Property SubType Multi-Housing
Property Type Multi-Housing
Region Areas
Repairs & Maint. 0
Sub Lease Expiration Date 1800-01-01T00:00:00
Terms Sale
Total Units 3
Type Triplex
Year Built 1830
Zoning B-2A

Interior Features

1/4 Baths 0
3/4 Baths 0
A/c Tons 0
Common Area Sf 0
Elevators 0
Fuel 0
Full Baths 4
Half Baths 2
Laundry Sf 0
Living Area 3042.00
Office Sf 0
Storage Sf 0
Stories Two
Telephone Exp. 0

Exterior Features

Age Of Roof 11
Bldg Expan Potential Yes
Bldg Expan Sf 0
Depth Of Pool 0
Fuel Source Electric, Gas
Lawn Services 0
Lot Depth 144
Lot Dimensions 8610
Lot Expan Potential No
Lot Expan Sf 0
Lot Front Footage 59
Lot Size Acres 0.20
Lot Size Square Feet 8610.00
Parking Features 6 - 10 Spaces
Roof Flat, Membrane
Rubbish Services 0
Size Of Pool 0
Sprinklers None
Water Services 0

Property Schools

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Gallery (29 photos)

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Property vs Zip Code Avg (40508)

Price 588K Avg 928K

Sqr Feet 3,042 Avg 2,147

Cost / Sqr Ft $194 Avg $432

Acres 0.2 Avg 0.12

Visits 30 Avg 16

Days on Site 425 Avg 149

Walkscore® 86 Avg 79

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Listing Provided Courtesy Of: Bluegrass Sotheby's International Realty

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Location & Address

2357 Hueguenard Dr
Lexington, KY