Comp Sale YN: No
Property Sub Type: Quadruplex
Unit Number: 1,2,3,4
Directions: I-64 to 94, turn right off exit, left on Winchester Road for 1.9 miles. 101 S Burns is the first building on the left.
Parcel Number: 054-1039-001-00
County: Clark
Street Number: 101
Street Direction Prefix: S
Street Name: Burns
Street Suffix: Avenue
State: KY
Zip Code: 40391
Start Showing Date: 2025-11-10
Listing Agreement: Exclusive Right To Sell
Owner Name: Burns Avenue LLC
Occupant Type: Occupied
Office Exclusive YN: No
List Price/Acre: 98.39
List Price/SqFt: 118.91
Current Price: $600,000
Original List Price: 675000
Status: Active
Listing Contract Date: 2025-11-10
List Price: $600,000
Elementary School: Shearer
Middle Or Junior School: Robert Campbell
High School: GRC
Tax Rate: 0.123
Zoning: Other
Zoning Description: Multi-family R-4
Number Of Buildings: 1
Number Of Units In Community: 4
Number Of Units Total: 4
Living Area: 5046
Living Area Source: Public Records
Bathrooms Half: 0
Bedrooms Total: 8
Bathrooms Total: 4
Bathrooms Full: 4
Stories Total: 2
Accessibility Features YN: No
Year Built: 1912
Lot Size Acres: 6098
Lot Size Square Feet: 265628880
Cooling YN: Yes
Heating YN: Yes
Cable Available: 1
Electricity Available: 1
Natural Gas Available: 1
Sewer Available: 1
Water Available: 1
Public Remarks: Step into a rare investment opportunity in the heart of downtown Winchester! This beautifully renovated 4-plex offers charm, space, and convenience — all within a fully restored historic building. Each of the four spacious units boasts approximately 1,296 sq ft, blending timeless character with modern updates. The entire property has been thoughtfully renovated in 2021, including a brand-new roof, updated interiors, and a clean, professional aesthetic ideal for long-term tenants with all the appliances included. Additional features include: Prime downtown location — walkable to shops, dining, and local attractions, 4 parking spots ( 1 for each unit), as well as, off street parking available. Strong rental potential in a growing market Zoned and ready for investment use
Electric Dryer Hookup: 1
Washer Hookup: 1
1031 Exchange: 1
Cash: 1
Conventional: 1
Off Site: 1
On Site: 1
Paved: 1
Close Of Escrow: 1
Negotiable: 1
Subject To Tenant Rights: 1
Multi Family: 1
Quadruplex: 1
Furniture, Fixtures & Equipment YN: Yes
Building Expansion Potential YN: No
Inground Tank YN: No
Lot Expansion Potential YN: No
Age of Roof: 4
Accounting, Legal & Collections Expense: 291.6
Gross Income: 52018.35
Maintenance Expense: 2899.51
Net Operating Income: 41170.95
Other Expense Description: 903.38
Other Income: 432
Professional Management Expense: 6758.56
Total Actual Rent: 52018.34
Number Of Units Vacant: 1
Showing Instructions: MUST GIVE 48 hour notice to show all units. Unit # 4 is vacate. Lockbox will be located on unit # 4 front door. Unit #1 has two dogs that should be crated. Unit # 2 has cats Unit # 3 has cats Please DO NOT LET THEM OUT!
Price Change Timestamp: 2025-12-08T13:32:06Z
Status Change Timestamp: 2025-11-10
MLS Area Major: 007 - Clark County
Subdivision Name: Burns Addition
High School District: Clark County - 7
Utilities: Cable Available; Electricity Available; Natural Gas Available; Sewer Available; Water Available; Cable Available; Electricity Available; Natural Gas Available; Sewer Available; Water Available
Association Amenities: None
Cooling: Central Air
Heating: Forced Air
Laundry Features: Electric Dryer Hookup; Washer Hookup
Listing Terms: 1031 Exchange; Cash; Conventional
Parking Features: Off Site; On Site; Paved
Possession: Close Of Escrow; Negotiable; Subject To Tenant Rights
Roof: Rubber
Showing Considerations: Pet(s) on Premises
Special Listing Conditions: Standard
Structure Type: Multi Family; Quadruplex
Showing Requirements: Call Listing Agent
Sellers Disclosure Of Property Condition ›