2101 Fontaine Road, Lexington, KY 40502
$1,175,000
Property Type:
Residential Income
Bedrooms:
22
Baths:
12
Lot Size (sq. ft.):
17,433
Status:
Closed
Current Price:
$1,175,000
List Date:
5/17/2022
Last Modified:
3/31/2026
Overview
Description
Listing Details MLS# 22009987
Listing Information
- Comp Sale YN
- No
Status Change Information
- Status Change Timestamp
- 2022-06-27
- Purchase Contract Date
- 2022-05-25
- Close Date
- 2022-06-24
- Close Price
- 1175000
- Buyer Financing
- Conventional
- Sale Type
- Arms Length Sale
- Concessions Comments
- none
Address
- County
- Fayette
- Street Number
- 2101
- Street Name
- Fontaine
- Street Suffix
- Road
- State
- KY
- Zip Code
- 40502
- Directions
- Lexington Kentucky Head southeast on Ave of Champions toward S Martin Luther King Blvd 0.3 mi Continue onto Euclid Ave Pass by Jimmy John's (on the left in 0.5 mi) 0.8 mi Slight left onto Fontaine Rd Destination will be on the left
- Parcel Number
- 15020000
Contract
- Original List Price
- 1275000
- Start Showing Date
- 2022-05-16
- Listing Contract Date
- 2022-05-16
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Tenant
- Office Exclusive YN
- No
- List Price/Acre
- 3185907.05
- Sold Price/Acre
- 2936031.98
- SP/LP
- 0.92
Tax Legal
- MLS Area Major
- 003 - Fayette County SE
- Subdivision Name
- Lakeview
Interior
- Bedrooms Total
- 22
- Bathrooms Total
- 12
- Bathrooms Full
- 12
More Information
Parking Information
- Parking Total
- 20
Building
- Year Built
- 9999
- Stories Total
- 3
Lot
- Lot Size Acres
- 0.4002
- Lot Size Square Feet
- 17433
Remarks
- Public Remarks
- Here it is investors! Get your 1031 exchange money ready! This is an updated 12 unit building inside New Circle in the coveted 40502 area code, which includes 10 2/1 and 2 1/1 units. 7 of 12 units were recently renovated and include new flooring and paint, new roof and 2 HVAC units were replaced. Additionally, a new submeter water system and hot water heater was installed to bill back utilities to tenants. Landlord only pays for trash and small amount for gas. Come check it out today!
Unit Details
- Number Of Units Vacant
- 3
Showing Information
- Showing Instructions
- Building access is 8412, lockbox is on unit 2, can view unit 3 and 10. Code is 2232. Can view rest of units with accepted contract.
Tax & Legal
- Zoning Description
- Commercial
Association/Community
- Number Of Buildings
- 1
- Number Of Units Total
- 12
Utilities
- Electricity Available
- Yes
- Water Available
- Yes
Possession
- Close Of Escrow
- Yes
Property Features
Utilities:
Electricity Available; Water Available; Electricity Available; Water Available
Possession:
Close Of Escrow
Listing Office:
United Real Estate Bluegrass
Last Updated: March - 31 - 2026
Information deemed reliable but not guaranteed.