216 Sycamore Road

Closed 12/21/18

Sold

Last Sold Price

$465,000

4 beds4 baths3,800 sqft

216 Sycamore Road, Lexington, KY 40502

Multi FamilyProperty Type

1935Year Built

$122/sq ftPrice per sq ft

5 carsParking Spaces

Description

This great investment property is conveniently located in Ashland Park and close to Downtown, Chevy Chase, and UK. It is within walking distance to grocery, restaurants, and shopping. The substantial 2 story brick building features a new roof (Dec. 2017), and heating systems installed in 2017, 2016, 2015, and 2004. There are four 1 Bedroom, 1 Bath units. Each has a front and back entrance and there is a 4 car carport. The full Basement contains the laundry facility with washer & dryer and a small...This great investment property is conveniently located in Ashland Park and close to Downtown, Chevy Chase, and UK. It is within walking distance to grocery, restaurants, and shopping. The substantial 2 story brick building features a new roof (Dec. 2017), and heating systems installed in 2017, 2016, 2015, and 2004. There are four 1 Bedroom, 1 Bath units. Each has a front and back entrance and there is a 4 car carport. The full Basement contains the laundry facility with washer & dryer and a small lockable storage unit for each apartment. The kitchen appliances belong to the tenants. Three units have long time tenants and one is vacant allowing for an owner occupied option. The property is being Sold As Is with inspections welcome.

Listed by: Suzanne H Elliott 859.806.6234 selliott@demovellan.com • Berkshire Hathaway de Movellan Properties

Listing closed: 12/21/2018 12:00 AM • Source: Imagine MLS, MLS#: 1826340

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Location

Listing Courtesy of Berkshire Hathaway de Movellan Properties

Sold By Berkshire Hathaway de Movellan Properties

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$3,033 per month

30 year fixed, 7.03% Interest

Principal and Interest

$2,482

Property Taxes

$551

HOA Dues

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Property Information for 216 Sycamore Road

Property Details

MLS Type: Residential Income / Quadruplex
Lot Size: 0.00 AC / 0 SF
County: Fayette County
Subdivision Name: Ashland Park
Zoning Description: R-2

Building Information

Residences: 4
Year Built: 1935
Lot Size: 0.00 AC / 0 SF

Summary

Location and General Information

Directions: Richmond Road to Sycamore.
Latitude: 38.028175

Longitude: -84.482536
MLS Area Major: 003 - Fayette County SE
MLS Area Minor: 003 - Fayette County SE

Taxes and HOA

Parcel Number: 17166000

School Information

Elementary School: Cassidy
High School: Henry Clay

High School District: Fayette County - 1
Middle Or Junior School: Morton

Parking

Parking Total: 5.0

Property

Property and Assessments

Building Area Total: 3800.0
Living Area: 3800.0

New Construction: No
Year Built: 1935

Building Features

Structure Type: Quadruplex

Utilities

Utilities: Natural Gas Connected

Multi Family

Multi Family Information

Number Of Units Total: 4
Number Of Units Vacant: 1

Income & Expenses

Gross Income: $3,000
Gross Scheduled Income: $2,250

Interior and Exterior Features

Exterior Features

Roof: Composition

Interior Features

Bathrooms Full: 4
Bathrooms Total Integer: 4

Bedrooms Total: 4
Cooling: No
Heating: Electric, Forced Air, Natural Gas
Heating: Yes

Property History for 216 Sycamore Road

Date	Event & Source	Price	Appreciation
Dec 21, 2018	Sold (Public Record) Public Record #1304885684	$465,000	—
Dec 21, 2018	Sold Imagine MLS #1826340	$465,000	—
Dec 3, 2018	Contract Signed Imagine MLS #1826340		—
Nov 26, 2018	Listed (Active) Imagine MLS #1826340	$495,000	—

Date	Event & Source	Price
12/21/2018	Sold (Public Record) Public Record #1304885684	$465,000
12/21/2018	Sold Imagine MLS #1826340	$465,000
12/03/2018	Contract Signed Imagine MLS #1826340	—
11/26/2018	Listed (Active) Imagine MLS #1826340	$495,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public records

216 Sycamore Road

Total Finished SqFt

5,550 SqFt

Above Grade Finished SqFt

5,550 SqFt

Stories

Lot Size

7,501 SqFt

Style

Multi-Family Res (5+ Units)

Year Built

1935

Schools near 216 Sycamore Road

This home is within Fayette County.


Rating	School	Type	Grades	Distance
9/10	Cassidy Elementary School	Public - Serves this home	K to 5	0.5 mi
7/10	Morton Middle School	Public - Serves this home	6 to 8	0.5 mi
7/10	Henry Clay High School	Public - Serves this home	9 to 12	1.1 mi
NR	FCPS Virtual Academy	Public - Nearby school	K to 12	0.6 mi
9/10	Maxwell Spanish Immersion Elementary School	Public - Choice school	K to 5	0.8 mi
NR	The Hub for Innovation and Leadership	Public - Nearby school	9 to 12	1.0 mi
NR	Christ the King School	Private - Nearby school	PK to 8	0.5 mi


Rating	School	Distance
9/10	Cassidy Elementary School PublicK to 5 Serves this home	0.5 mi
7/10	Morton Middle School Public6 to 8 Serves this home	0.5 mi
7/10	Henry Clay High School Public9 to 12 Serves this home	1.1 mi
NR	FCPS Virtual Academy PublicK to 12 Nearby school	0.6 mi
9/10	Maxwell Spanish Immersion Elementary School PublicK to 5 Choice school	0.8 mi
NR	The Hub for Innovation and Leadership Public9 to 12 Nearby school	1.0 mi
NR	Christ the King School PrivatePK to 8 Nearby school	0.5 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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