$4,268,000
$4,440,000
3.9%For more information regarding the value of a property, please contact us for a free consultation.
209 Old Todds Road Lexington, KY 40509
78 Beds
114 Baths
38,000 SqFt
Key Details
Sold Price $4,268,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 38,000 sqft
Price per Sqft $112
Subdivision Richmond Woods
MLS Listing ID 22002875
Sold Date 06/29/22
Bedrooms 78
Full Baths 90
Half Baths 24
Year Built 2007
Lot Size 0.735 Acres
Property Description
24 individually deeded, huge, newly renovated townhomes. You will not find a nicer and bigger townhome at this price on the market! These units average around 1580 sq ft per unit, upgraded kitchen and bath cabinets, tiled floors in most of the kitchen/bath areas, 11 units have 2 car garages, most of the units are 3 stories, and are mostly brick throughout! Current rents are around $29,300 and are a little below market.
Updates include (varies in each unit) fresh paint, carpet/vinyl, lights, appliances, etc. The major CapEx has already been done for the next owner.
The location is great! Restaurants are within walking distance, on a bus-line, and are minutes from New Circle Rd, 10 minutes from UK and downtown.
The ongoing expenses are around $85/mo for fire hydrant, $300/mo for trash, and around $250/mo for grounds/landscaping.
Agent is part of the ownership of this property.
Location
State KY
County Fayette
Interior
Heating Electric
Cooling Electric
Exterior
Parking Features On Site
View Y/N N
Roof Type Shingle
Building
New Construction No
Schools
School District Fayette County - 1
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