$1,575,000

2 N Main Street, Winchester, KY 40391

  • 37 beds |
  • 20 baths |
  • 26,124 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon9,583sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $60/sqft
  • Property List Date Icon Listed 9 months ago

Property 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 opportunity!

Listing Status:
Active
Date Added:
February 13, 2026
Data Last Updated:
May 21, 2026 at 1:39AM
Listing Office:
Tsubaki Group, LLC : 859-913-3150
MLS ID:
25017572
  • Originating MLS: Imagine MLS (Bluegrass REALTORS®)
  • School District: Clark County - 7
  • County: Clark
  • Zoning: 054-3209-018-020
  • Source: Imagine MLS (Bluegrass REALTORS®)

This listing courtesy of Tsubaki Group, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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