309 Bainbridge, Lexington, KY 40509

$984,000
Property Type: Residential Income Bedrooms: 2 Baths: 3 Square Footage: 1,480 Lot Size (sq. ft.): 1,742 Status: Closed
Current Price: $984,000 List Date: 2/01/2016 Last Modified: 8/26/2025

Overview

Description

This is for 9, newly renovated, tenant-occupied, townhouses. Units are 309B, E, F, G, H, 313G, 313K, 313N, and 313Q. Units 309B, E, F, G, H, and 313G unit are 3 stories, 2 bed, 2.5 bath with over 1400 square feet and a 2 car garage in basement (with laundry room). Uniteds 313K, 313N, and 313Q are 2 stories, 2 bed, 2.5 bath with over 1275 sq ft. These units have a private courtyard that leads into a big, detached 2 car garage. The updates in all of the townhomes include updated paint, countertops, appliances, light fixture, hardwood or laminate wood flooring, carpet, etc. Windows all updated to dual pane, vinyl windows. Move-in ready! Also, no HOA fees! You can buy 1 or all 9. Price is listed for all 9. Rent roll: 309B-$875, 309E-$850, 309F-vacant (listed for rent), 309G-$875, 309H-$895, 313G-$895, 313K-$950, 313N-$875, 313Q-$875. Virtually no maintenance required. Owner/Broker.

Listing Details MLS# 1601739

Status Change Information

Price Change Timestamp
2016-05-14T02:01:42Z
Status Change Timestamp
2016-05-13
Purchase Contract Date
2016-04-13
Close Date
2016-05-13
Close Price
984000
Buyer Financing
Other
Sale Type
Arms Length Sale
Concessions Comments
No

Address

County
Fayette
Street Number
309
Street Name
Bainbridge
State
KY
Zip Code
40509
Directions
Take Man O'War to Palumbo to Bainbridge. 309C Bainbridge is on your LEFT.
Parcel Number
10044710

Contract

Original List Price
981000
Start Showing Date
2016-02-01
Listing Contract Date
2016-02-01
Listing Agreement
Exclusive Right To Sell
Office Exclusive YN
No
List Price/Acre
24525000
List Price/SqFt
662.84
Sold Price/Acre
24600000
Sold Price/SqFt
664.86
SP/LP
Yes

Tax Legal

MLS Area Major
002 - Fayette County NE
Subdivision Name
Bainbridge
High School District
Fayette County - 1

Interior

Bedrooms Total
2
Bathrooms Total
3
Bathrooms Full
2
Bathrooms Half
Yes
Living Area
1480

Parking Information

Parking Total
20

More Information

Building

Year Built
1990

Lot

Lot Size Acres
0.04
Lot Size Square Feet
1742.4

Utilities

Cooling YN
Yes
Heating YN
Yes
Electricity Connected
Yes

Remarks

Public Remarks
This is for 9, newly renovated, tenant-occupied, townhouses. Units are 309B, E, F, G, H, 313G, 313K, 313N, and 313Q. Units 309B, E, F, G, H, and 313G unit are 3 stories, 2 bed, 2.5 bath with over 1400 square feet and a 2 car garage in basement (with laundry room). Uniteds 313K, 313N, and 313Q are 2 stories, 2 bed, 2.5 bath with over 1275 sq ft. These units have a private courtyard that leads into a big, detached 2 car garage. The updates in all of the townhomes include updated paint, countertops, appliances, light fixture, hardwood or laminate wood flooring, carpet, etc. Windows all updated to dual pane, vinyl windows. Move-in ready! Also, no HOA fees! You can buy 1 or all 9. Price is listed for all 9. Rent roll: 309B-$875, 309E-$850, 309F-vacant (listed for rent), 309G-$875, 309H-$895, 313G-$895, 313K-$950, 313N-$875, 313Q-$875. Virtually no maintenance required. Owner/Broker.

Income and Expenses

Gross Scheduled Income
96000
Vacancy Allowance Rate
10

Showing Information

Showing Instructions
Can only show 1 or 2 units, unless we get an offer. The units are pretty much very similar in upgrades, conditions, etc.

Tax & Legal

Zoning Description
R-4

Association/Community

Number Of Buildings
9
Number Of Units Total
9

Cooling

Electric
Yes

Heating

Electric
Yes
Heat Pump
Yes

Possession

Close Of Escrow
Yes

Roof

Shingle
Yes

Special Listing Conditions

Standard
Yes

Property Features

Utilities: Electricity Connected; Electricity Connected Cooling: Electric Heating: Electric; Heat Pump Possession: Close Of Escrow Roof: Shingle Special Listing Conditions: Standard
Listing Office: Realty Solutions
Last Updated: August - 26 - 2025
Information deemed reliable but not guaranteed.