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270 Sherman Ave

Lexington-Fayette KY 40502

6
2
6
2160 sq. ft.
6969.6 sq. ft.
Duplex
Currently for sale - view listing

Overview

Turnkey investment opportunity in the heart of Lexington's highly desirable Kenwick neighborhood in 40502! This fully occupied duplex offers immediate rental income with both units currently leased and tenants paying all utilities. The downstairs unit rents for $1,500/month with a lease through 2/28/2027, while the upstairs unit rents for $1,580/month with a lease through 1/31/2027—providing $3,080 in combined monthly rent and $36,960 in annual gross rental income. Located just minutes from the University of Kentucky, downtown Lexington, Chevy Chase, shopping, dining and entertainment, this property offers an outstanding location with strong long-term rental appeal. Whether you're looking to expand your portfolio or secure a multifamily property in one of Lexington's most sought-after areas, 270 Sherman Avenue deserves a serious look. Schedule your showing today!

Features

6 bedrooms
2 bathrooms
6 carspaces
2160 sq. ft. floor area
6969.6 sq. ft. lot size
Duplex

Property history for 270 Sherman Ave

2021
Sold
$332,000
29 Oct 2021 by Barbara H Ford, of Berkshire Hathaway HomeServices de Movellan Properties
2019
Sold
$169,000
28 Jan 2019 by Glenn Davidson, of Berkshire Hathaway HomeServices de Movellan Properties

Happy sellers in Lexington-Fayette

82%
82% of sellers in Lexington-Fayette reported that their sale price either exceeded or met their price expectations.

Lexington-Fayette stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 16 reviews in Lexington-Fayette over the last 12 months.

Local market activity for 6 bedroom duplexes in Lexington-Fayette

In the last 12 months, 1 six-bedroom duplex similar to 270 Sherman Ave, have been sold.

This represents a 50% increase in six-bedroom duplexes sales when compared to the previous 12 months.

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