$275,000
$280,000
1.8%For more information regarding the value of a property, please contact us for a free consultation.
3208 Mammoth Drive Lexington, KY 40517
4 Beds
2 Baths
1,500 SqFt
Key Details
Sold Price $275,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,500 sqft
Price per Sqft $183
Subdivision Park Hills
MLS Listing ID 24024532
Sold Date 01/03/25
Bedrooms 4
Full Baths 2
Year Built 1976
Lot Size 0.298 Acres
Property Description
Ranch Duplex in Prime Location - Exceptional Investment Opportunity! Located between Alumni Dr and Man O' War, this charming ranch-style duplex with a brick exterior offers a fantastic investment opportunity. Currently generating $2,050 in monthly rent, but with market potential around $2,400, this property provides excellent upside potential for future income growth. Right Side Unit: long-term tenant who loves the home and is eager to stay, providing stability and reliable rental income. Left Side Unit: A newer tenant in place for 3 months, offering the benefit of a fresh lease. The property features a **huge yard**, presenting endless possibilities for expansion, or outdoor amenities, with the right vision and city approval. Whether you're looking for a solid investment with immediate income or a property with future potential, this duplex is perfectly positioned in a desirable location. Don't miss out
Can be purchased as a package with 560/562 Anniston & 368/370 Woodview (3 duplexes)
Location
State KY
County Fayette
Interior
Heating Forced Air
Cooling Electric
Exterior
View Y/N N
Roof Type Shingle
Building
New Construction No
Schools
Elementary Schools Julius Marks
Middle Schools Edythe J. Hayes
High Schools Henry Clay
School District Fayette County - 1
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