209 Old Todds Road, Lexington

$4,440,000

78 Beds
114 Baths
38,000 Sqft
.74 Acres
0 Garages

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.

Essential Information
MLS® #22002875
Price$4,440,000
Bedrooms78
Bathrooms114.00
Full Baths90
Half Baths24
Square Footage38,000
Acres0.74
Year Built2007
TypeMulti-Housing
StatusContingent
Community Information
Address209 Old Todds Road
AreaFayette County NE
SubdivisionRichmond Woods
CityLexington
CountyFayette
StateKY
Zip Code40509
Amenities
Parking56 or More Spaces, On Site
Exterior
RoofShingle
School Information
DistrictFayette County
Additional Information
Date ListedFebruary 19th, 2022
ZoningR-4
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