Do Real Estate on the Go!
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Do Real Estate on the Go!
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$1,595,000
37 Beds
20 Baths19 full baths + 1 half bath
26,124sqft
2 N Main St, Winchester, KY 40391
$1,595,000
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Multi Family
Built in 9999
$-- HOA
0.22 acre lot
$61/sq.ft
Description
Major CAPEX in 2022 & 2024 — Facade transformation, fully restored and renovated.
Current grossing $168,000 annual rent, with $4,000/month upside — beats the 1% rule!
The Kerr Building, the largest downtown historical landmark, features structural repairs, new roofing, brick tuck-pointing, secure key-fob entrances, central HVAC, modern kitchens, updated baths, and new flooring. 18 LIHTC apartments and 2 renovated ground-floor offices totaling 20 income-producing units. Additional space at 4-10 Main Street offers a blank canvas for tenant improvements and added cash flow.
Downtown Winchester is thriving — turn-key, stabilized, and priced to sell. Seize this opportun...
- Houzeo last checked: 47 Minutes ago
- Listing updated: September 12, 2025 at 4:57 pm
- Listing Provided by: Blanca Cheung | Tsubaki Group, LLC
- Source: Lexington Bluegrass AOR (Imagine) MLS-KY | MLS#: 25017572
Property Details
Status
Active
Type
Multi Family
No. of Stories
4
County
City
Neighborhood
--
Year Built
9999
HOA Fees
-
Finished Area
26,124 sqft
Lot Size
0.22 acre lot
Basement Area
- sqft
MLS Name
Lexington Bluegrass AOR (Imagine) MLS
MLS Number
25017572
MLS Status
Active
Days on Market
176
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