370 Payne Street Georgetown, KY 40324

Other Residential MLS #: 25003639 Courtesy Of Coldwell Banker McMahan

$295,000

9 beds | 3 baths | 2,304 sq ft
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Estimated monthly payments: $1,290/mo.* (recalculate)

Property InformationDescription

Great investment opportunity in Georgetown! This renovated tri-plex features three well-maintained apartments, each offering 3 bedrooms and 1 bath. Two units are currently rented at $800 per month, providing immediate income, while the third unit is vacant and available for showings. Recent updates include a brand-new roof (2024), fresh carpeting, new flooring, fresh paint, and modernized bathrooms, ensuring a move-in-ready experience for tenants. Whether you're expanding your portfolio or looking for a solid income-generating property, this tri-plex is a fantastic find in desirable Georgetown Kentucky!
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Features

  • Architecture Style: Other
  • Cooling System: Window Unit(s) A/C
  • Heating System: Baseboard

MAP & DIRECTIONS

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370 Payne Street, Georgetown, KY 40324
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School Information

370 Payne Street, Georgetown, KY 40324

Elementary School
Grades KG-5 | Public School
ANNE MASON ELEMENTARY SCHOOL
Georgetown, KY 40324
350 Champion Way
502.­863.3663
Distance: 1.9 mi
School Rating
D+
Student:Teacher Ratio
14:1
Total Students
445
Middle School
Grades 6-8 | Public School
SCOTT COUNTY MIDDLE SCHOOL
Georgetown, KY 40324
1036 Cardinal Dr
502.­863.7202
Distance: 1.5 mi
School Rating
B+
Student:Teacher Ratio
18:1
Total Students
855
High School
Grades 9-12 | Public School
SCOTT COUNTY HIGH SCHOOL
Georgetown, KY 40324
1080 Cardinal Dr
502.­863.4131
Distance: 1.7 mi
School Rating
C+
Student:Teacher Ratio
19:1
Total Students
1169
Other Nearby Schools Distance Type Grades School Rating
Garth Elementary School 0.8 mi Public KG-5 D
St John School 1.1 mi Private PK-8
Georgetown Middle School 1.2 mi Public 6-8 C-
Creekside Elementary School 1.2 mi Public KG-5 C-
Children's Montessori School Of Georgetown 1.5 mi Private PK-KG
Southern Elementary School 1.5 mi Public KG-5 C
Phoenix Horizon Community 1.6 mi Public 6-12 D-
Royal Spring Middle School 1.8 mi Public 6-8 C
Lemons Mill Elementary School 2.1 mi Public KG-5 C-
Scott County Preschool 2.1 mi Public PK
Providence Christian Academy 2.4 mi Private KG-12
Western Elementary School 2.6 mi Public KG-5 C-
Great Crossing High School 2.6 mi Public 9-12 C+
Elkhorn Crossing School 2.7 mi Public 9-12
The Stables 3.6 mi Public 7-12
Eastern Elementary School 3.8 mi Public KG-5 A
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Georgetown, KY 40324

Median Age: 36.4
Married: 55%
Number of Households: 20,197
Households with Children: 40.1%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2025 Lexington-Bluegrass Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.