Versailles, KY 40383,272 Douglas Avenue
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Versailles, KY 40383,272 Douglas Avenue
Versailles, KY 40383,272 Douglas Avenue
Versailles, KY 40383,272 Douglas Avenue
Versailles, KY 40383,272 Douglas Avenue

$190,000

$200,000

5.0%
Est.Price: ?

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272 Douglas Avenue Versailles, KY 40383

3 Beds

3 Baths

2,472 SqFt

SOLD DATE : 12/29/2025

Key Details

Sold Price $190,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,472 sqft

Price per Sqft $76

Subdivision Downtown

MLS Listing ID 25505421

Sold Date 12/29/25

Bedrooms 3

Full Baths 3

Year Built 1960

Lot Size 1,200 Sqft

Acres 0.03

Property Sub-Type Triplex

Property Description

Investor-Ready Triplex: Immediate Cashflow Opportunity in Downtown Versailles! A rare and profitable investment awaits in the heart of charming Downtown Versailles. This triplex is 100% occupied, offering the discerning investor immediate, stabilized cashflow from day one—no leasing costs or vacancy risk. Tenants benefit from a prime, highly walkable location, granting instant access to all of Downtown's unique amenities, dining, and shopping. Exceptional connectivity is ensured with the proximity to the Versailles Bypass, providing seamless travel via Frankfort Road and Lexington Road. Crucially, the rental rates have not been adjusted since the current owner purchased property, presenting a clear and immediate value-add opportunity for the next owner to maximize returns to current market standards. All leases are on month-to-month tenancy; $850/mo per unit are believed are the current market rents for the unit. A refined asset in a desirable, historic locale.

Location

State KY

County Woodford

Interior

Heating Baseboard, Electric, Natural Gas

Cooling Window Unit(s)

Laundry Electric Dryer Hookup, Main Level

Exterior

Parking Features On Site, Paved

Utilities Available Electricity Connected, Natural Gas Available, Sewer Connected

View Y/N N

Roof Type Shingle

Handicap Access No

Private Pool No

Building

New Construction No

Schools

Elementary Schools Southside

Middle Schools Woodford Co

High Schools Woodford Co

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Imagine MLS / Bluegrass Association of REALTORS (LBAR)
Listed by Keller Williams Bluegrass Realty

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