221 S Highland Street, Winchester, KY 40391 (MLS# 25504956)

221 S Highland Street, Winchester, KY 40391

$252,500
Property Type: Residential Income Bedrooms: 5 Baths: 3 Square Footage: 3,007 Lot Size (sq. ft.): 6,970 Status: Active
Current Price: $252,500 List Date: 10/29/2025 Last Modified: 12/16/2025

Description

INVESTOR SPECIAL, could be a great option for an end of year cost seg study and bonus depreciation. You have the opportunity to purchase a fully occupied tri-plex in the heart of Winchester with instant cash flow. Main level unit is a large 2 bed, one bath. Upstairs unit is also a 2 bed, one bath, and lower level is a 1 bed, one bath unit. There is street parking and alley access with parking in the rear. All units have their own exterior entrance. Some utilities are metered together, landlord does cover utility expenses. Please call with any questions, please do not disturb the tenants!

Supplements: ********

More Information MLS# 25504956

Listing Information

Comp Sale YN: No Property Sub Type: Triplex

Address

Directions: Main St. to S. Highland Park. Home will be on the left. Parcel Number: 054-3012-016-00 County: Clark Street Number: 221 Street Direction Prefix: S Street Name: Highland Street Suffix: Street State: KY Zip Code: 40391

Contract

Start Showing Date: 2025-10-29 Listing Agreement: Exclusive Right To Sell Occupant Type: Tenant Office Exclusive YN: No List Price/Acre: 1578125 List Price/SqFt: 83.97 Current Price: $252,500 Original List Price: 269900 Status: Active Listing Contract Date: 2025-10-29 List Price: $252,500

Tax & Legal

High School: GRC Tax Rate: 1.126 Zoning: R-1C

Association/Community

Number Of Buildings: 1 Number Of Units Total: 3

Interior

Living Area: 3007 Living Area Source: Public Records Bathrooms Half: 0 Bedrooms Total: 5 Bathrooms Total: 3 Bathrooms Full: 3

Parking Information

Parking Total: 5

Building

Stories Total: 1 Accessibility Features YN: No Year Built: 1930

Lot

Lot Size Acres: 0.16 Lot Size Square Feet: 6970

Utilities

Cooling YN: Yes Heating YN: Yes

Remarks

Public Remarks: INVESTOR SPECIAL, could be a great option for an end of year cost seg study and bonus depreciation. You have the opportunity to purchase a fully occupied tri-plex in the heart of Winchester with instant cash flow. Main level unit is a large 2 bed, one bath. Upstairs unit is also a 2 bed, one bath, and lower level is a 1 bed, one bath unit. There is street parking and alley access with parking in the rear. All units have their own exterior entrance. Some utilities are metered together, landlord does cover utility expenses. Please call with any questions, please do not disturb the tenants!

Cooling

Electric: 1 Window Unit(s): 1

Heating

Baseboard: 1 Floor Furnace: 1 Other: 1

Laundry Features

Electric Dryer Hookup: 1 Washer Hookup: 1

Possession

Close Of Escrow: 1

Roof

Shingle: 1

Structure Type

Triplex: 1

Income and Expenses

Vacancy Allowance Rate: 0

Showing Requirements

Call Listing Agent: 1 No Sign: 1 Restricted Hours: 1

Showing Information

Showing Instructions: No same day showings, will need 48 hr notice.

Status Change Information

Price Change Timestamp: 2025-12-16T21:42:38Z Status Change Timestamp: 2025-10-29

Tax Legal

MLS Area Major: 007 - Clark County Subdivision Name: Downtown High School District: Clark County - 7

Property Features

Cooling: Electric; Window Unit(s) Heating: Baseboard; Floor Furnace; Other Laundry Features: Electric Dryer Hookup; Washer Hookup Possession: Close Of Escrow Roof: Shingle Structure Type: Triplex Showing Requirements: Call Listing Agent; No Sign; Restricted Hours

Documents

Listing Office: The Brokerage
Last Updated: December - 16 - 2025
Information deemed reliable but not guaranteed.
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