This well-maintained quadplex is an outstanding investment opportunity featuring numerous recent upgrades that enhance both value and tenant appeal. Major improvements include a 3-year-old roof, a new Rheem heat pump system, a newly constructed back deck, and a beautifully remodeled foyer that creates an inviting first impression. The property also offers a paved parking lot for added convenience and low maintenance. Ideally located close to shopping, restaurants, schools, and other local amenities, this income-producing property combines modern updates with a highly desirable location, making it an excellent addition to any investment portfolio.
| MLS # | 26018979 |
|---|---|
| Listing Type | For Sale |
| Style | Fourplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 9999 |
| Days On Site | 52 |
| Listing Provided By | Danny Ayres Realty & Auction | Nicole Ellington |
| Bed(s) | 8 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 3,400 |
| Units | 4 |
| Building(s) | 1 |
| Zoning | R-3 |
| Acreage | 0.34 |
| Cooling | Electric, Heat Pump |
|---|---|
| Heating | Electric, Heat Pump, Natural Gas |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Roof | Shingle |
|---|
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | On Site, Paved |
| Utilities | Electricity Connected, Natural Gas Available, Phone Available, Sewer Available, Water Available |
|---|
| State | KY |
|---|---|
| County | Garrard |
| City | Lancaster |
| Zip Code | 40444 |
| Area | 023 Garrard County |
| Subarea | Garrard County |
| Community Name | Downtown |
| School District | Garrard County |
| Elementary School | Lancaster |
| High School | Garrard Co |
| Listing VS Median (in Downtown) | |
Price: $450,000 low | high Med: $225,000 sqft: 3,400 low | high Med: 7,400 $ / sqft: $132 low | high Med: $102 On site: 52 low | high Med: 104.5 | |
| State | KY |
|---|---|
| County | Garrard |
| City | Lancaster |
| Zip Code | 40444 |
| Area | 023 Garrard County |
| Subarea | Garrard County |
| Community Name | Downtown |
| School District | Garrard County |
| Elementary School | Lancaster |
| High School | Garrard Co |
| Listing VS Median (in Downtown) | |
Price: $450,000 low | high Med: $225,000 sqft: 3,400 low | high Med: 7,400 $ / sqft: $132 low | high Med: $102 On site: 52 low | high Med: 104.5 | |