$225,000
4 beds | 4 baths
Quadruplex
Lexington, KY
Conventional and FHA financing available.
This 4-unit multifamily property on N Broadway offers a solid income-producing setup with separate utilities and clear rent upside. Each unit is a 1 bed / 1 bath shotgun-style layout, ideal for steady tenant demand and efficient management.
✨ Property Highlights:
- 4 units (each 1 bed / 1 bath)
- Separately metered utilities (tenants pay most utilities)
- Rear parking with 6 total spaces
- Roof replaced in 2023
- Plumbing updated to PEX
- Water heaters updated (newest replaced last month)
- Gas wall heaters + window AC units in each unit
💼 Current Rental Breakdown:
- $450 & $500 (month-to-month)
- $600 lease through April 2026
- $650 lease through January 2027
With two units already on month-to-month leases, there’s immediate opportunity to increase rents and boost overall returns.
A strong buy-and-hold asset with existing income, operational efficiency, and long-term upside in a growing Lexington market.
📩 Message us for more info or to get access to our exclusive deals.
#LexingtonKY #Multifamily #Quadplex #CashFlowProperty #RentalInvestment #ValueAddOpportunity #OffMarketDeals #GSPHomes