2017 Cambridge Drive, Lexington, KY 40504

$1,370,000
Property Type: Residential Income Square Footage: 28,338 Lot Size (sq. ft.): 57,935 Status: Closed
Current Price: $1,370,000 List Date: 12/19/2017 Last Modified: 8/26/2025

Overview

Description

Must see! Great Investment Property in Lexington! 46 Individual 1 bed and 1 bath units. Each with individual heat and air, many units have been updated. Complex has new decking, new black top, and several other updates. Easy to rent and keep occupied. This will not last long! Give us a call today!!

Listing Details MLS# 1727107

Listing Information

Property Sub Type
Apartment

Status Change Information

Price Change Timestamp
2018-07-13T11:58:19Z
Status Change Timestamp
2018-07-13
Purchase Contract Date
2018-04-19
Close Date
2018-07-06
Close Price
1370000
Buyer Financing
Other
Sale Type
Arms Length Sale
Concessions Comments
No

Address

County
Fayette
Street Number
2017
Street Name
Cambridge
Street Suffix
Drive
State
KY
Zip Code
40504
Directions
Lexington: NE toward Ave of Champions, Left onto Ave of Champions, Right onto S Limestone, Left onto W High St, Cont. onto Versailles Rd, right onto Oxford Cir, Turn left onto Cambridge Dr. Destination will be on the right
Parcel Number
14177553

Contract

Original List Price
1472000
Start Showing Date
2017-12-18
Listing Contract Date
2017-12-18
Listing Agreement
Exclusive Right To Sell
Office Exclusive YN
No
List Price/Acre
1036842.11
List Price/SqFt
48.66
Sold Price/Acre
1030075.19
Sold Price/SqFt
48.34
SP/LP
0.99

Tax Legal

MLS Area Major
004 - Fayette County SW
Subdivision Name
Cardinal Valley
High School District
Fayette County - 1

Interior

Living Area
28338
Bathrooms Half
0

More Information

Parking Information

Parking Total
56

Building

Year Built
1970

Lot

Lot Size Acres
1.33
Lot Size Square Feet
57934.85

Utilities

Cooling YN
Yes
Heating YN
Yes
Electricity Connected
Yes

Remarks

Public Remarks
Must see! Great Investment Property in Lexington! 46 Individual 1 bed and 1 bath units. Each with individual heat and air, many units have been updated. Complex has new decking, new black top, and several other updates. Easy to rent and keep occupied. This will not last long! Give us a call today!!

Building and Property Details

Building Expansion Potential YN
No
Lot Expansion Potential YN
No

Showing Information

Showing Instructions
Please call Emilia Lovelace at (859) 445-2080 to schedule showings. Listing Agent and Owner to accompany.

Tax & Legal

Elementary School
Cardinal Valley
Middle Or Junior School
Leestown
High School
Dunbar
Tax Rate
1.2174
Zoning Description
R-2

Association/Community

Number Of Buildings
2
Number Of Units Total
46

Association Amenities

Coin Laundry
Yes

Cooling

Electric
Yes
Window Unit(s)
Yes

Heating

Baseboard
Yes
Electric
Yes

Possession

Close Of Escrow
Yes

Roof

Composition
Yes

Special Listing Conditions

Standard
Yes

Structure Type

Multi Family
Yes

Property Features

Utilities: Electricity Connected; Electricity Connected Association Amenities: Coin Laundry Cooling: Electric; Window Unit(s) Heating: Baseboard; Electric Possession: Close Of Escrow Roof: Composition Special Listing Conditions: Standard Structure Type: Multi Family
Listing Office: Keller Williams Commonwealth
Last Updated: August - 26 - 2025
Information deemed reliable but not guaranteed.
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