$125,000
320 Georgetown Pl
Lexington, KY 40508
MLS# 1926416
20 beds  |  20 baths  |  18030 sqft


320 Georgetown Pl, Lexington, KY 40508
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320 Georgetown Pl, Lexington, KY 40508 320 Georgetown Pl, Lexington, KY 40508 320 Georgetown Pl, Lexington, KY 40508 320 Georgetown Pl, Lexington, KY 40508 320 Georgetown Pl, Lexington, KY 40508 320 Georgetown Pl, Lexington, KY 40508 320 Georgetown Pl, Lexington, KY 40508

Property Description
Located in an opportunity zone is 320 Georgetown Place, with over 18,000 sq ft above grade and an additional 2,000 usable sq ft in the basement. Building plans have already been submitted and approved to convert to a 20 unit apartment building with 14 one bedroom units and 6 two bedroom units and adjacent parking lot. There is a possibility that more units. Construction and management are in place. Please contact listing agent for details.

Details
Location, Tax & Legal Info
Tax ID: 10057550
Street #: 320
Street Name: Georgetown
Suffix: Pl
County: Fayette
State/Province: KY
Zip Code: 40508
Area: 001 - Fayette County NW
Subdivision: Downtown
Tax Rate: 1.2777
Contract Info
Current Price: $125,000
Listing Price: 125000
Listing Date: 2019-11-27
Schools
School District: Fayette County - 1
General Property Description
Bedrooms: 20
Full Baths: 20
Total Baths: 20
SqFt (Approx): 18030
Lot SqFt: 26580
Lot Acres: 0.61
Year Built: 1976
Number of Stories: THRE
Number of Buildings: One
Remarks & Misc
Directions: Turn right onto W Loudon Ave 0.9 mi Continue onto Ash St 0.1 mi Turn left onto Georgetown Pl Destination will be on the left 269 ft 320 Georgetown Pl, Lexington, KY 40508
Status Change Info
Status: Active
Unit Info
# Units: 20
# Vacant Units: 20
Zoning
Current Zoning: R-4- HIGH DENSITY APARTMENT
Potential Zoning: Commercial or religious
Financial Info
Gross Sch Rent Inc: 1300
Other Contract Labor: 1200000
Unit 1
Unit Description: 1
Unit Number: 1
Occupied: No
Unit 2
Unit Description: 2
Unit Number: 2
Occupied: No
Unit 3
Unit Description: 3
Unit Number: 3
Occupied: No
Unit 4
Unit Description: 4
Unit Number: 4
Occupied: No
Unit 5
Unit Description: 5
Unit Number: 5
Occupied: No
Unit 6
Unit Description: 6
Unit Number: 6
Occupied: No
Unit 7
Unit Description: 7
Unit Number: 7
Occupied: No
Unit 8
Unit Description: 8
Unit Number: 8
Occupied: No
Unit 9
Unit Description: 9
Unit Number: 9
Occupied: No
Unit 10
Unit Description: 10
Unit Number: 10
Occupied: No
Unit 11
Unit Description: 11
Unit Number: 11
Occupied: No
Unit 12
Unit Description: 12
Unit Number: 12
Occupied: No
Unit 13
Unit Description: 13
Unit Number: 13
Occupied: No
Unit 14
Unit Description: 14
Unit Number: 14
Occupied: No
Unit 15
Unit Description: 15
Unit Number: 15
Occupied: No
Unit 16
Unit Description: 16
Unit Number: 16
Occupied: No
Unit 17
Unit Description: 17
Unit Number: 17
Occupied: No
Unit 18
Unit Description: 18
Unit Number: 18
Occupied: No
Unit 19
Unit Description: 19
Unit Number: 19
Occupied: No
Unit 20
Unit Description: 20
Unit Number: 20
Occupied: No
Property Features
Type of Property: Apartments
Parking: 21 - 35 Spaces; Paved
Sprinklers: None
Roof Type: Other
Possession: Close Of Escrow

Listing Office: Riesig Realty

Last Updated: July - 30 - 2020

320 Georgetown Pl, Lexington, KY 40508 - MLS# 1926416

This data is copyrighted by Lexington-Bluegrass Association of Realtors and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is a violation of copyright laws and is strictly prohibited. Property information Copyright 2020 Lexington-Bluegrass Association of Realtors. All Rights Reserved. Information has not been verified, is not guaranteed and subject to change.

Monday 10th of August 2020 05:31 AM