1313 Leaning Tree Ln, Lexington, KY 40517

$405,000
7
BD
4
BA
3,840
SqFt

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Sold Price
$405,000
List Price
$424,999
Closing Date
Jan 17, 2025
MLS#
24016299
Status
CLOSED
Type
Multifamily
Subtype
Duplex
Bedrooms
7
Bathrooms
4
Full Baths
4
Living Area
3,840
Lot Size
11,173

Property Description

This all-brick duplex presents an excellent investment opportunity, offering a strong return of 7%. With nearly 4,000 sq ft, it features two spacious units: one with 4 bedrooms and 2 full bathrooms, and the other with 3 bedrooms and 2 full bathrooms. Each side includes a large eat-in kitchen, a full finished walk-out basement, a living room, and a family room complete with a fireplace. Both units have been recently updated, showcasing fresh paint, new tile, new luxury vinyl plank flooring, and new ceiling fans. The roof was replaced in 2015, adding to the property's appeal. Currently, both sides are rented with up-to-date leases, providing immediate income. Please respect the tenants' privacy; no sign is posted in the yard. The property is being sold as-is, and inspections are welcomed. This is a fantastic addition to any real estate portfolio!

Additional Information

Roof
Shingle
Elementary School
Julius Marks
Middle School
Edythe J. Hayes
High School
Henry Clay
Subdivision
Carriage Lane

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Listing courtesy of Positive Property Management. Selling Office: .