SoldFeb 29, 2024

Listed by Julie W Begley

, 

Bought with Ethan Burton

Source: Bluegrass REALTORS® #23023111

234 Simba Way, Lexington-Fayette, KY, 40509

$315,000

6
4
2576 sq. ft.
1921 sq. ft.

Townhouse

•

8 days on the market

Sold: Feb 29, 2024

What's around 234 Simba Way

About this property

An investor's dream! This Lexington duplex has immediate cash flow and value add potential. Each unit has 3 bedrooms and 2 full bathrooms. Unit 234 has been completely remodeled and is ready to rent at a premium market rate. It has modern interior finishes including new kitchen & appliances, fresh paint, new luxury vinyl flooring, new carpets upstairs, new light fixtures & plumbing fixtures, and new door hardware. Unit 236 is tenant occupied with current month to month rent at $900. Home has been approved HAP (section 8). Lease is due to be renewed - tenant would like to stay. Continue renting with existing tenant or renovate the other side to bring up to market rent. Exterior updates include a newly refinished deck, new light fixtures out front, newer exterior back doors; newer HVAC & water heater at 234 side. No HOA fees! Buy this property-live in one side and rent out the other.

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