209 Old Todds Road, Lexington, KY 40509
$4,268,000
Property Type:
Residential Income
Bedrooms:
78
Baths:
114
Square Footage:
38,000
Lot Size (sq. ft.):
32,000
Status:
Closed
Current Price:
$4,268,000
List Date:
2/19/2022
Last Modified:
10/13/2026
Overview
Description
Listing Details MLS# 22002875
Listing Information
- Property Sub Type
- Apartment
- Comp Sale YN
- No
Status Change Information
- StatusChangeDate
- 2022-06-30
- Contract Acceptance Date
- 2022-05-16
- Sold Date
- 2022-06-29
- Buyer Financing
- Other
- Sale Type
- Arms Length Sale
Address
- County
- Fayette
- Street #
- 209
- Street
- Old Todds
- St Suffix
- Road
- State/Province
- KY
- Zip Code
- 40509
- Directions
- Richmond Rd to Old Todds. The entrance is tucked away next to Center Point Church.
- Parcel Number
- 38208880
Contract
- Original List Price
- 4440000
- Start Showing Date
- 2022-02-19
- Listing Price
- 4440000
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Tenant
- Office Exclusive YN
- No
- List Price/Acre
- 6040816.33
- List Price/SqFt
- 116.84
- Sold Price/Acre
- 5806802.72
- Sold Price/SqFt
- 112.32
- SP/LP
- 0.96
Tax Legal
- Area
- 002 - Fayette County NE
- Subdivision/Condo
- Richmond Woods
- School District
- Fayette County - 1
Interior
- Total # Bedrooms
- 78
- Total Bathrooms
- 114
- Baths - Full
- 90
- Bathrooms Half
- 24
- Living Area
- 38000
More Information
Parking Information
- Parking Total
- 56
Building
- Year Built
- 2007
Lot
- Lot Size Acres
- 0.735
- Lot Size Square Feet
- 32000
Utilities
- Cooling YN
- Yes
- Heating YN
- Yes
Remarks
- Public Remarks
- 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.
Showing Information
- Showing Instructions
- Will show with accepted contract so that I won't be disturbing the tenants too much.
Tax & Legal
- Tax Rate
- 1.2419
- Zoning Description
- R-4
Association/Community
- Number Of Buildings
- 5
- Number Of Units Total
- 24
Property Features
Utilities:
Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected
Cooling:
Electric
Heating:
Electric
Parking Features:
On Site
Possession:
Close Of Escrow
Roof:
Shingle
Special Listing Conditions:
Standard
Structure Type:
Multi Family
Listing Office:
Realty Solutions
Last Updated: October - 13 - 2026
Information deemed reliable but not guaranteed.