Price Reduction - New Construction
Address
168-205 Fairfield Way, Winchester, KY
Price
$ 5,200,000
Property Attributes
  • MLS#24002014
  • TypeMulti-Family
  • CountyCLARK
  • CityWinchester
  • Area007 - Clark County
  • NeighborhoodFairfield Park
  • Zip40391
  • Style
  • Price$ 5,200,000
  • Bedrooms72
  • Full Bathrooms48
  • Half Bathrooms24
  • Sqr Footage33444
  • Lot Size1.87 Acres
Data Source:
Bluegrass REALTORS®
Property Description

Rare multi-family new construction investment opportunity!! 24 brand new townhomes! 4 buildings/lots, each consisting of 6 units. 3 bedroom, 2 and a half bath with garage. Constructed with the investor in mind, but also appealing to tenants, these units have durable waterproof luxury vinyl plank flooring throughout, granite countertops, stainless steel appliances, storage closets, large walk in closets, high efficiency HVAC units, 5 off street parking spaces per unit. 3 parks nearby including the popular Legacy Grove and College Park. The in-progress Fulton Rd extension project will make these even more convenient to shopping and dining. Experienced, strict management already in place for easy transition. Excellent location. Additional PD zoned land available with purchase. Construction will be completed by closing. Please do not disturb tenants! Great long term investment! Click on the Virtual Tour section to see the video walk through!

Elementary School Middle School High School
Justice Elementary School Henry Baker Middle School GRC High School
Price History
2/5/2024 Listed $5,500,000
2/17/2024 6% - $5,200,000

General Features

Heating Electric,Heat Pump
Cooling Electric,Heat Pump
Possession Close Of Escrow,Subject To Tenant Rights
Roof Shingle
Parking 56 or More Spaces
# of Buildings Four
School District Clark County - 7
Subdivision Fairfield Park
County Clark
Construction Status New Construction
Tax Rate 0.126
Property Type F
Area 007 - Clark County
Status Active
ADA Accessible No
Year Built 2023
Directions From Lexington Avenue take Professional Ave until the end,turn left on Fulton Rd,immediate left onto Fairfield Way. Located behind the Clark County Health Department.
City Winchester
Geo Lat 37.996984
Street Name Fairfield
Water Water Connected
High School GRC
Virtual Tour https://player.vimeo.com/progressive_redirect/playback/909743558/rendition/2160p/file.mp4?loc=external&log_user=0&signature=54dec876719f54234d560f4fcc8cdb8a15a53958a00d6457c6e719c53702a5cc
Elementary School Justice
Geo Lon -84.199123
Structure Type Other

Interior Features

Total Bedrooms 72
Total Baths 72.00
Half Baths 24
Full Baths 48
Unit Info: # of Units 24
Stories Two
Street Suffix Way

Exterior Features

Lot Expan Potential Yes
MLS Identifier 20180201170722572567000000
Lot Size Square Feet 81457.00
Lot Size Acres 1.8700
Sewer Sewer Connected

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 40391

Price
AVG $1.89M
$5.2M
Visits
AVG 48
6
Data Provided by Inside Real Estate®
Year Built
AVG 2000
2023

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