2 N Main Street, Winchester, KY 40391
MULTI_FAMILY - Winchester, KY
- Added:
- Aug 9, 2025
- Days on Market:
- 310
- Last Refresh:
- Jun 14 at 2:06 am
Property Features for 2 N Main Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 37
- Bathrooms
- 20
- Rooms
- Bathroom 16, Bedroom 20, Bathroom 6, Bedroom 18, Bedroom 6, Bedroom 3, Bathroom 20, Bedroom 17, Bathroom 8, Bathroom 19, Bathroom 1, Bedroom 10, Bedroom 14, Bathroom 14, Bedroom 2, Bedroom 22, Bathroom 10, Bathroom 5, Bathroom 9, Bedroom 19, Bedroom 28, Bedroom 36, Bedroom 34, Bedroom 27, Bedroom 33, Bedroom 7, Bedroom 4, Bedroom 8, Bedroom 23, Bedroom 16, Bedroom 30, Bathroom 12, Bathroom 15, Bedroom 5, Bedroom 11, Bedroom 12, Bedroom 31, Bathroom 2, Bathroom 3, Bathroom 18, Bedroom 15, Bedroom 29, Bedroom 37, Bathroom 7, Bedroom 24, Bathroom 11, Bathroom 4, Bedroom 32, Bedroom 35, Bedroom 26, Bedroom 21, Bedroom 25, Bathroom 13, Bathroom 17, Bedroom 9, Bedroom 1, Bedroom 13
- Standard status
- Active
- APN
- 054-3209-018-020
- Size
- 26,124 SF
- Lot size
- 0.22 Acres
Building Details
- Floors in Building
- 4
- Number of units
- 20
Listing agent Blanca Cheung (859) 913-3150
Listing office Tsubaki Group, LLC 1118 Hancock Lane, Lexington, KY (859) 913-3150
Listing date Aug 9, 2025
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HighLights
- Significant CAPEX investments in 2022 & 2024, including facade transformation and full restoration.
- Strong income potential: Current $168,000 annual rent with a $4,000/month upside, exceeding the 1% rule.
- 20 income‑producing units: 18 LIHTC apartments and 2 renovated ground‑floor offices.
- Located in the Kerr Building, the largest downtown historical landmark, with structural repairs and new roofing.
- Turn‑key and stabilized property in a thriving downtown Winchester location.
- Additional space at 4‑10 Main Street provides opportunity for tenant improvements and increased cash flow.
Overview
The property is located at 2 N Main Street in Winchester, KY 40391, within Clark County. In addition to the Kerr Building, the offering includes additional space at 4-10 Main Street, described as a blank canvas for tenant improvements and potential added income.
For investors or owner-operators seeking a mixed residential and office setup, this configuration provides multiple revenue streams within one renovated building envelope. Existing improvements such as central HVAC, updated residential finishes, and renovated office space may support tenant-ready operations, while the additional Main Street space offers room for future buildout based on an operator’s program.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Winchester
- County
- Clark
- State
- Kentucky
- Longitude
- -84.177087
- Latitude
- 37.99382
