124 Old Lafayette Ave, Lexington, KY 40502

$715,000
4
BD
3
BA
2,134
SqFt

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List Price
$715,000
MLS#
26019338
Status
ACTIVE
Type
Single Family Residential
Subtype
Single Family Residence
Bedrooms
4
Bathrooms
3
Full Baths
3
Living Area
2,134
Lot Size
6,639

Property Description

Discover the perfect blend of historic charm, modern updates, and investment potential at 124 Old Lafayette Avenue. Located in Lexington's highly desirable 40502 area, this beautifully maintained home offers 2,134 square feet of inviting living space with 4 bedrooms and 3 full bathrooms. Inside, you'll find beautiful hardwood floors, abundant natural light, and timeless architectural character throughout. The updated kitchen and renovated bathrooms provide modern style and convenience while preserving the home's classic appeal. The spacious floor plan offers comfortable living with plenty of room to relax or entertain. Step outside to enjoy the large back patio, perfect for outdoor gatherings or quiet evenings, while the detached garage adds valuable storage and functionality. This property is also an exceptional turnkey investment opportunity, with tenants already in place through July 2027, providing immediate rental income from day one. Whether you're looking to expand your investment portfolio or secure a future personal residence while generating income in the meantime, this home offers incredible flexibility. Conveniently located just minutes from the University of Kentucky, downtown Lexington, parks, shopping, dining, and entertainment, this property combines location, character, and long-term value.

Additional Information

Year Built
1909
Appliances
Dishwasher, Microwave, Refrigerator, Range
Sewer
Public Sewer
Foundation
Stone
Flooring
Carpet, Hardwood, Tile
Heating
Electric
Interior Features
Eat-In Kitchen, Ceiling Fans
Elementary School
Ashland
Middle School
Lexington Trad
High School
Henry Clay
Water
Public
Roof
Composition, Rubber
Subdivision
Downtown

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Calculator source: Real Geeks

Listing courtesy of ERA Select Real Estate.