2248 Dinsmore Drive, Lexington, KY 40502
$1,118,000
Property Type:
Residential Income
Status:
Closed
Current Price:
$1,118,000
List Date:
3/02/2015
Last Modified:
8/26/2025
Overview
Description
Listing Details MLS# 1503789
Listing Information
- Property Sub Type
- Apartment
Status Change Information
- Price Change Timestamp
- 2015-09-17T13:55:55Z
- Status Change Timestamp
- 2015-09-17
- Purchase Contract Date
- 2015-07-01
- Close Date
- 2015-09-16
- Close Price
- 1118000
- Buyer Financing
- Conventional
- Sale Type
- Arms Length Sale
- Concessions Comments
- na
Address
- County
- Fayette
- Street Number
- 2248
- Street Name
- Dinsmore
- Street Suffix
- Drive
- Street Suffix Modifier
- 2256
- State
- KY
- Zip Code
- 40502
- Directions
- Take Richmond Rd to Fontaine Rd. Turn left onto Dinsmore Dr. Property is at the end of the street on the right.
Contract
- Original List Price
- 1200000
- Start Showing Date
- 2015-02-27
- Listing Contract Date
- 2015-02-27
- Listing Agreement
- Exclusive Right To Sell
- Office Exclusive YN
- No
- SP/LP
- 0.93
Tax Legal
- MLS Area Major
- 003 - Fayette County SE
- Subdivision Name
- Commercial
Building
- Year Built
- 1969
More Information
Remarks
- Public Remarks
- Recently renovated 30 unit apartment building that provides positive cash flow with minimal monthly maintenance costs! These are all 1 bedroom units with 2 different, open floorplans. These 30 units have undergone a dramatic interior face-lift that most apartments at this price do not have. Updates since 2009: kitchen cabinets/counters, stove/fridge, laminate flooring, tile flooring, paint on ceiling/walls/trim, bath vanities, plumbing fixtures, 2 commercial hot water heaters that run the entire building, and much more! Also, most of the HVAC units have either been updated or replaced. The floorplans for these 1 bedroom units are all very spacious and open. The family room opens into the kitchen area. The bedroom is very spacious. The bathrooms have 2 doors (one from the hallway and one from the bedroom). There is a coin-operated laundry in the basement. The washer/dryers are owned and not leased so that generates another source of income.
Tax & Legal
- Zoning Description
- R-4
Association/Community
- Number Of Units Total
- 30
Interior
- Bathrooms Half
- 0
Lot
- Lot Size Acres
- 0
- Lot Size Square Feet
- 0
Special Listing Conditions
- Standard
- Yes
Structure Type
- Multi Family
- Yes
Property Features
Special Listing Conditions:
Standard
Structure Type:
Multi Family
Listing Office:
Silvestri Real Estate, LLC
Last Updated: August - 26 - 2025
Information deemed reliable but not guaranteed.
