200 Codell Drive, Lexington, KY 40509

$840,000
Property Type: Residential Income Bedrooms: 3 Baths: 2 Square Footage: 1,161 Status: Closed
Current Price: $840,000 List Date: 3/01/2019 Last Modified: 4/21/2026

Overview

Description

Multi-Family investment opportunity - 10 Town homes total, 5 buildings. Each town home has 3 bedrooms, 2.5 baths, w/d hookups. 100% occupied as of 3/1/2019, Tenants pay all utilties. Large backyard area with potential to build additional units. Rent roll available upon request. Market rent is $795 per unit. Units are:200, 202, 204, 206, 208, 210, 212, 214, 216, 218 Codell Drive

Listing Details MLS# 1904026

Status Change Information

Price Change Timestamp
2019-05-18T18:01:28Z
Status Change Timestamp
2019-05-18
Purchase Contract Date
2019-03-15
Close Date
2019-04-17
Close Price
840000
Buyer Financing
Conventional
Sale Type
Arms Length Sale
Concessions Comments
NA

Address

County
Fayette
Street Number
200
Street Name
Codell
Street Suffix
Drive
Street Suffix Modifier
218
State
KY
Zip Code
40509
Directions
From Richmond road, left on Old Todds Road, Left on Codell.

Contract

Original List Price
895000
Start Showing Date
2019-03-01
Listing Contract Date
2019-03-01
Listing Agreement
Exclusive Right To Sell
Office Exclusive YN
No
List Price/SqFt
723.51
Sold Price/SqFt
723.51
SP/LP
Yes

Tax Legal

MLS Area Major
002 - Fayette County NE
Subdivision Name
Woodspoint

Interior

Bedrooms Total
3
Bathrooms Total
2
Bathrooms Full
Yes
Bathrooms Half
Yes
Living Area
1161

Building

Year Built
1969

More Information

Utilities

Cooling YN
Yes
Heating YN
Yes
Electricity Connected
Yes

Remarks

Public Remarks
Multi-Family investment opportunity - 10 Town homes total, 5 buildings. Each town home has 3 bedrooms, 2.5 baths, w/d hookups. 100% occupied as of 3/1/2019, Tenants pay all utilties. Large backyard area with potential to build additional units. Rent roll available upon request. Market rent is $795 per unit. Units are:200, 202, 204, 206, 208, 210, 212, 214, 216, 218 Codell Drive

Income and Expenses

Gross Scheduled Income
86700

Tax & Legal

Zoning Description
R-3

Association/Community

Number Of Buildings
5
Number Of Units Total
10

Lot

Lot Size Acres
0
Lot Size Square Feet
0

Cooling

Electric
Yes

Heating

Electric
Yes
Heat Pump
Yes

Possession

Close Of Escrow
Yes
Negotiable
Yes

Roof

Shingle
Yes

Property Features

Utilities: Electricity Connected; Electricity Connected Cooling: Electric Heating: Electric; Heat Pump Possession: Close Of Escrow; Negotiable Roof: Shingle
Listing Office: Axis Real Estate
Last Updated: April - 21 - 2026
Information deemed reliable but not guaranteed.
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