124 Old Lafayette Avenue,Lexington, KY 40502
Lexington, KY 40502
Description
Discover the perfect blend of historic charm, modern updates, and investment potential at 124 Old Lafayette Avenue. Located in Lexington's highly desirable 40502 area, this beautifully maintained home offers 2,134 square feet of inviting living space with 4 bedrooms and 3 full bathrooms. Inside, you'll find beautiful hardwood floors, abundant natural light, and timeless architectural character throughout. The updated kitchen and renovated bathrooms provide modern style and convenience while preserving the home's classic appeal. The spacious floor plan offers comfortable living with plenty of room to relax or entertain. Step outside to enjoy the large back patio, perfect for outdoor gatherings or quiet evenings, while the detached garage adds valuable storage and functionality. This property is also an exceptional turnkey investment opportunity, with tenants already in place through July 2027, providing immediate rental income from day one. Whether you're looking to expand your investment portfolio or secure a future personal residence while generating income in the meantime, this home offers incredible flexibility. Conveniently located just minutes from the University of Kentucky, downtown Lexington, parks, shopping, dining, and entertainment, this property combines location, character, and long-term value.
Details
| MLS # | 26019338 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1909 |
| Days On Site | 35 |
| Listing Provided By | ERA Select Real Estate | Amie Hieneman |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 2,134 |
| Garage | 1 |
| Story(s) | 1 |
| Acreage | 0.15 |
| Property View | Neighborhood |
Interior
| Rooms Total | 10 |
|---|---|
| Cooling | Electric |
| Heating | Electric |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Interior Features | Ceiling Fan(s), Eat-in Kitchen |
| Appliances | Dishwasher, Microwave, Range, Refrigerator |
Exterior
| Roof | Composition, Rubber |
|---|---|
| Construction Materials | Hardi Plank Type |
| Foundation Details | Stone |
| Lot Features | Few Trees |
| Fencing | Wood |
Parking
| Garage Yes / No | Yes |
|---|---|
| Attached Garage Yes / No | No |
| Parking Features | Detached Garage, Driveway, Garage Door Opener, Off Street |
Utilities
| Utilities | Cable Available, Electricity Connected, Sewer Connected, Water Connected |
|---|---|
| Sewer | Public Sewer |
Location
| Community Features | Park, Pool, Tennis Court(s) |
|---|
Area Information
| State | KY |
|---|---|
| County | Fayette |
| City | Lexington |
| Zip Code | 40502 |
| Area | 002 Fayette County NE |
| Subarea | Fayette County NE |
| Community Name | Downtown |
| School District | Fayette County |
| Elementary School | Ashland |
| High School | Henry Clay |
| Listing VS Median (in Downtown) | |
Price: $715,000 low | high Med: $225,000 sqft: 2,134 low | high Med: 1,343 $ / sqft: $335 low | high Med: $170 On site: 35 low | high Med: 16 | |
Market Activity 40502
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Learn More About This Property
| State | KY |
|---|---|
| County | Fayette |
| City | Lexington |
| Zip Code | 40502 |
| Area | 002 Fayette County NE |
| Subarea | Fayette County NE |
| Community Name | Downtown |
| School District | Fayette County |
| Elementary School | Ashland |
| High School | Henry Clay |
| Listing VS Median (in Downtown) | |
Price: $715,000 low | high Med: $225,000 sqft: 2,134 low | high Med: 1,343 $ / sqft: $335 low | high Med: $170 On site: 35 low | high Med: 16 | |
