$59,900 406 Chestnut Street Lexington, KY

MLS: 1719482   Type: Single Family   County: Fayette   City: Lexington   Area: Fayette County Nw 1   Neighborhood: Downtown   Zip: 40508   Style: 1 Story     Stories: 1   Taxes: $729

Mortgage $281 /mo

Beds

Baths

Half Baths

Sqr Footage

Lot Size

Built

3

1

0

896

3,049

1913

Investors, if you're looking for a turn-key property with great returns and a perfect occupancy history this is it! Currently vacant for updates it was most recently on a 12 month lease at $650/month with tenants paying all utilities. The owners planned to raise the rent in line with market to $800 before moving in new tenants. Updates include: Central air, flooring, light fixtures, appliances, roof, interior doors, windows (making all 3 bedrooms meet code) , paint, and more. Out the sliding patio door there is a small deck with built in seating for entertaining, a large storage building, and a nice flat back yard. Additionally there is off-street Parking for 2 cars. This home is move in ready!

Elementary School

Middle School

High School

William Wells Brown
Distance: 0.2 Miles
Not Applicable
Distance: N/A Miles
Frederick Douglass
Distance: 2.72 Miles

Price History

8/25/2017 Listed $64,900
10/6/2017 8% - $59,900

Amenity Fee 0.00
Association Fee 0.00
Board Loaded No
Construction Siding - Vinyl
Garage Y/N No
Location Description Inside New Circle Rd
MLS Area Fayette County NW 1
Possession Negotiable
Property SubType Single Family Residence
Property Type Residential
Region Areas
Sub Lease Expiration Date 1800-01-01T00:00:00
Tax Rate 1.2179
Year Built 1913

Interior Features

1/4 Baths 0
3/4 Baths 0
Appliances Range, Microwave, Disposal, Refrigerator
Attic Access Only
Basement None
Bedrooms - 1st 2
Bedrooms - 2nd 0
Bedrooms - 3rd 0
Bedrooms - Lower 0
Belowgradefinishedarea 0
Bonus Room - 1st 0
Bonus Room - 2nd 0
Bonus Room - 3rd 0
Bonus Room - Lower 0
Cooling Electric
Den - 1st 0
Den - 2nd 0
Den - 3rd 0
Den - Lower 0
Dining Facilities Eat In Kitchen
Dining Room - 1st 0
Dining Room - 2nd 0
Dining Room - 3rd 0
Dining Room - Lower 0
Family Room - 1st 0
Family Room - 2nd 0
Family Room - 3rd 0
Family Room - Lower 0
Fireplace Features Masonry
Flooring Carpet, Vinyl
Foyer - 1st 0
Foyer - 2nd 0
Foyer - 3rd 0
Foyer - Lower 0
Fuel Gas, Electric
Full Bath - 1st 1
Full Bath - 2nd 0
Full Bath - 3rd 0
Full Bath - Lower 0
Full Baths 1
Great Room - 1st 0
Great Room - 2nd 0
Great Room - 3rd 0
Great Room - Lower 0
Half Bath - 1st 0
Half Bath - 2nd 0
Half Bath - 3rd 0
Half Bath - Lower 0
Half Baths 0
Heating Forced Air
Home Office - 1st 0
Home Office - 2nd 0
Home Office - 3rd 0
Home Office - Lower 0
Interior Features Ceiling Fan(s), Window Blinds, Washer-Dryer Hook-up
Kitchen - 1st 1
Kitchen - 2nd 0
Kitchen - 3rd 0
Kitchen - Lower 0
Living Area 896.00
Living Room - 1st 1
Living Room - 2nd 0
Living Room - 3rd 0
Living Room - Lower 0
Master Bed. - 1st 1
Master Bed. - 2nd 0
Master Bed. - 3rd 0
Master Bed. - Lower 0
Rec. Room - 1st 0
Rec. Room - 2nd 0
Rec. Room - 3rd 0
Rec. Room - Lower 0
Utility Room - 1st 0
Utility Room - 2nd 0
Utility Room - 3rd 0
Utility Room - Lower 0

Exterior Features

Architectural Style 1 Story
Exterior Features Storm Doors, Deck, Privacy Fence, Storage Shed
Foundation Crawlspace
Lot Size Acres 0.07
Lot Size Square Feet 3062.00
Parking Features Off Street Parking
Roof Composition
Sewer Public Sewer
Sewer Fee 0.00
Water Source City

Property Schools



Direct Link:

http://lexhomehub.com/property/88-1719482-406-Chestnut-Street-Lexington-KY-40508

Gallery (18 photos)

Ask Your Agent a Question

Property vs Zip Code Avg (40508)

Price 59K Avg 253K

Sqr Feet 896 Avg 1,896

Cost / Sqr Ft $67 Avg $134

Taxes $729 Avg $3,054

Acres 0.07 Avg 0.12

Visits 33 Avg 40

Days on Site 54 Avg 121

Walkscore® 66 Avg 68

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Listing Provided Courtesy Of: United Real Estate Lexington




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Location & Address

LexHomeHub
2357 Hueguenard Dr
Lexington, KY
859-554-2054