new - 3 days on rocket

160 Constitution St, Lexington, KY, 40507

$849,900

Home List Price

$10,000*

Closing Credit

17 Bedrooms
18 Full Baths
Multi

Location

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160 Constitution St, Lexington$849,900

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Parking6 - 10 Spaces
Year Built9999
HeatingBaseboard
CoolingWindow Unit(s)
MLS #24024005
Lot Size0.12 Acres
StatusActive

About 160 Constitution St

Attention Investors! This is your chance to acquire 14 units and 1 commercial space near downtown Lexington. This unique property consists of two buildings located at the corner of MLK and Constitution. The Constitution building includes 8 studios on the main floor, 1 unit in the basement along with a partially completed unit and additional space, and a spacious 2-bedroom, 1-bath unit upstairs. The MLK building features 4 residential units, an additional storage unit, and a commercial space currently leased to a salon for $1,000 per month. There will be a group showing on Sunday, November 17th, from 2:30 to 3:30 PM. Don't miss this investment opportunity!

Property Details

Property Features

Property Information:

  • Year Built: 9999
  • Stories: 3

Listing Office:

  • Office Name: Lifstyl Real Estate
  • Office Phone: (859) 278-7501

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 18
  • Total Bedroom Count: 17

Exterior Features

Parking Information:

  • Parking: 6 - 10 Spaces

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: Head northwest on Red Mile Rd toward Tattersalls Way0.1 miMake a U-turn at Tattersalls Way0.1 miTurn left at the 1st cross street onto S Broadway Pass by Starbucks (on the right)0.8 miTurn right onto W Maxwell St0.3 miTurn left onto S Martin Luther King Blvd0.6 miTurn left onto Constitution St Destination will be on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $849,900

Tax Information:

  • Annual Amount: $3,033
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Lexington, KY.

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Lexington, KY

City

Med. Sold Price

$324.7K

Med. Price/SqFt

$146

Avg. Days On Market

22

# of Sold Homes

279

160 Constitution St vs Lexington

3 DAYS ON ROCKET

-19 Days

$849,900

+$525.1K More

KEY TAKEAWAY

This property is $525.1K more than the Median Sold Price in Lexington, KY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24024005

Listing Office:

  • Office Name: Lifstyl Real Estate
  • Office Phone: (859) 278-7501

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than this broker, are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2024 LBAR Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/18/2024, 2:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 06, 2020Home Sold
$750,000
Oct 05, 2017Home Sold
$600,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,033$237,400
2019$3,033$237,400
2018$3,033$237,400

History based on county public records data.

Payment Calculator

$4,309

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,615

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-699064
1
/10

  • Harrison Elementary School

  • 161 Bruce St

  • 0.58 miles

  • Public District Grades PK-5

school-card-donut-699065
1
/10

  • William Wells Brown Elementary School

  • 555 E Fifth St

  • 0.69 miles

  • Public District Grades PK-5

school-card-donut-699066
5
/10

  • Maxwell Spanish Immersion Elementary School

  • 301 Woodland Ave

  • 0.76 miles

  • Public Magnet Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $16,907. The majority of Lexington, KY residents have income less than $35k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Kentucky›Fayette County›Lexington›40507›160 Constitution St

This home is located at 160 Constitution St in Lexington, KY and zip code 40507 in the District 1 neighborhood. This home, which was built in 9999, sits on a 0.12 acre lot. Features: 17 bedrooms, 18 bathrooms. It has been listed on Rocket Homes since November 14, 2024 and is currently priced at $849,900.

While more than 60 listings in Lexington, KY in October 2024 were sold above asking price, there were more than 59 listings sold at asking price, and more than 160 were sold below. Between September 2024 and October 2024, Lexington, KY real estate market has seen increase in the number of listings by 1.6%. The median list price of listings available in October 2024 was $324,770, while the average time on the real estate market was 22 days.

From Rocket Homes Real Estate and based on county public records data.

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