610 Ballard Street For Sale

Multi-Family for Sale
Catylist Listing ID: 30871973
Number of Units: 2 Units
Building Size (RSF): 2,640 SF
Gross Land Area: 0.07 SF
Sale Price: $425,000
Unit Price: $212,500 Per Unit
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Building Name: 610 Ballard
Usable Size (USF): 2,640 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/17/2024

Overview / Comments

2,640 square foot R-4 zoned property located Ballard Street in Lexington, Kentucky Just off of Jefferson Street. This building is currently leased to 2 tenants and has 2 large overhead doors and 2 man doors for access to each side. The roof is concrete and can support a second level for additional square footage. Great opportunity for a multi-unit conversion in the desirable Jefferson Street area of Lexington.

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Additional Details

Nearest MSA: Lexington-Fayette
County: Fayette
Tax ID/APN: 15070300
Zoning: R-4- HIGH DENSITY APARTMENT
Property Located Between: Jefferson and Old Georgtown Street
Highway Access: I-75
Airports: Bluegrass Airport
Total Number of Buildings: 1
Property Condition: Average
Number of Stories: 1
Roof Type: Flat
Construction/Siding: Block
Parking Description: 7-8 parking spaces
Zoning Description: R-4 High Density Apartments
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 20,484 119,181 229,976
Median Age: 31.12 34.16 35.65
Households: 8,830 49,204 96,519

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