2027 Cummins Court, Lexington, KY 40504

$1,575,000
Property Type: Residential Income Square Footage: 46,080 Lot Size (sq. ft.): 101,059 Status: Closed
Current Price: $1,575,000 List Date: 8/01/2017 Last Modified: 8/26/2025

Overview

Description

(50) 2 bedroom 1 bathroom units. (3) 12 unit buildings and (1) 14 unit building. 2027, 2034, 2035, 2051 Cummins Court. Owners have renovated most of the interiors. Owners currently pay all utilities but new tenants have a cap on their usage. Can be purchased as a package with 1262 Village Drive.

Listing Details MLS# 1717621

Listing Information

Property Sub Type
Apartment

Status Change Information

Price Change Timestamp
2018-01-25T19:19:17Z
Status Change Timestamp
2018-01-25
Purchase Contract Date
2017-09-12
Close Date
2017-12-20
Close Price
1575000
Buyer Financing
Conventional
Sale Type
Arms Length Sale
Concessions Comments
NA

Address

County
Fayette
Street Number
2027
Street Name
Cummins
Street Suffix
Court
State
KY
Zip Code
40504
Directions
Head West on Versailles Road. Make a right on Village Drive and then a right on Cummins Court.

Contract

Original List Price
1800000
Start Showing Date
2017-08-01
Listing Contract Date
2017-08-01
Listing Agreement
Exclusive Right To Sell
Office Exclusive YN
No
List Price/Acre
775862.07
List Price/SqFt
39.06
Sold Price/Acre
678879.31
Sold Price/SqFt
34.18
SP/LP
0.88

Tax Legal

MLS Area Major
004 - Fayette County SW
Subdivision Name
Cardinal Valley

Interior

Living Area
46080
Bathrooms Half
0

More Information

Building

Year Built
1970

Lot

Lot Size Acres
2.32
Lot Size Square Feet
101059.29

Remarks

Public Remarks
(50) 2 bedroom 1 bathroom units. (3) 12 unit buildings and (1) 14 unit building. 2027, 2034, 2035, 2051 Cummins Court. Owners have renovated most of the interiors. Owners currently pay all utilities but new tenants have a cap on their usage. Can be purchased as a package with 1262 Village Drive.

Tax & Legal

Zoning Description
R-3 Planned NBHD Residential

Structure Type

Multi Family
Yes

Property Features

Structure Type: Multi Family
Listing Office: Silvestri Real Estate, LLC
Last Updated: August - 26 - 2025
Information deemed reliable but not guaranteed.
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