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$849,900

160 Constitution Street Lexington, KY  40507

  • 17 Beds
  • 18 Baths

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Property Description for 160 Constitution Street Lexington, KY 40507

Attention Investors! This is your chance to acquire 14 units and 1 commercial space near downtown Lexington. This unique property consists of two buildings located at the corner of MLK and Constitution. The Constitution building includes 8 studios on the main floor, 1 unit in the basement along with a partially completed unit and additional space, and a spacious 2-bedroom, 1-bath unit upstairs. The MLK building features 4 residential units, an additional storage unit, and a commercial space currently leased to a salon for $1,000 per month. There will be a group showing on Sunday, November 17th, from 2:30 to 3:30 PM. Don't miss this investment opportunity!

Address:160 Constitution Street Lexington KY 40507
Status:Active
on site: 38 days
Price:$849,900
Bedrooms:17 Beds
Bathrooms:18 Full Baths
Year Built:9999
Lot Size:0.12
County: Fayette
MLS #:24024005

Lot Dimensions:5227
Directions:Head northwest on Red Mile Rd toward Tattersalls Way  0.1 mi Make a U-turn at Tattersalls Way  0.1 mi Turn left at the 1st cross street onto S Broadway  Pass by Starbucks (on the right)  0.8 mi Turn right onto W Maxwell St  0.3 mi Turn left onto S Martin Luther King Blvd  0.6 mi Turn left onto Constitution St  Destination will be on the left

Loan Price
$4,787
Price And Interest $4,433/month
Property Tax $0/month
MTG INS $0/month
HOME INS $354/month
Price
$849,900
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$4,248 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Mandatory HOA Fee:$

Area: 002 - Fayette County NE
City:Lexington
Subdivision: Downtown
Zip Code:40507

Cool:Window Unit(s)
Heat:Baseboard
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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Listing provided courtesy of M Scott Peace and Gokce Tekeli with Lifstyl Real Estate

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.





Lexington, KY Market Report

106
Avg. DOM
$236.32
Avg. $ / Sq.Ft.
$ 400,000
Med. List Price

The house prices in Lexington are not dropping at the moment. There has been a increase in price of $20,630.45. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Lexington are going Up. The average house price is $399,000.00 and the average price per square feet is $243.00 per square feet. At the moment, the amount of homes listed is exactly 2667 houses, with 450 with active status, 347 with pending status and 1870 sold in Lexington .

The most popular place to buy a home in Lexington is 003 - Fayette County SE. 003 - Fayette County SE is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Lexington .

The average amount of property taxes you would have to pay for a home in Lexington is $0.00. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Lexington are staying listed for an average of 70 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Lexington was 844 minutes ago.

At the moment we have 18 open houses that you can visit.

The cost of the most expensive home in Lexington is $10,500,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Lexington is $92,500.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Lexington in year 1794 and the newest built house is in year 9999.

The average size of properties in Lexington is 47.24 sq.ft. , the biggest one being 3633 sq.ft. and the smaller being 0 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.

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