About This Home
This 4-bedroom, 1-bathroom, 3,833-square-foot multi-family property offers an investment opportunity in Downtown Lexington, KY. Built in 1900, the property sits on a 0.09-acre lot and features heat pump heating and cooling. The existing rental income is $1,200 per month, providing immediate cash flow for an investor.
The property’s four-bedroom, one-bathroom configuration offers a substantial footprint within the multi-family category. Priced at $134,900, 347 Ohio Street is positioned in Lexington’s Downtown area. The listing also notes that up to four additional properties can be added to maximize cash flow. With its historic construction, sizable square footage, and current rental income, this property presents a clearly defined investment profile for buyers evaluating multi-family real estate in Lexington.
Key Features
- Built in 1900
- 0.09 acre lot
Property Details
Amenities
Turnkey investment opportunity producing $1,200/month in rental income. Ideal for investors seeking immediate cash flow. Up to 4 additional properties can be added to maximize cash flow.
Monthly Cost Estimate
$721/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
347 Ohio Street
Lexington, KY 40508
Downtown
Property Details
Heating
Cooling
Questions & Answers
This 4-bedroom, 1-bathroom multi-family at 347 Ohio Street is listed at $134,900 ($35/sqft). The estimated monthly payment is $721 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1900, 0.09 acre lot.
This property is listed by Sharon Angelina A Allen and can be reached at 8597971491.
