$900,000
Lexington, KY 40504
MLS# 1506069
Status: Closed
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Property Description
Invest in this hot-selling neighborhood now and participate in the renewal of this popular area. This listing includes 1242 Village Drive, 2036 Cambridge Drive, 2022 & 2030 & 2039 Jeffrey Drive. Five buildings. Twelve, one-bedroom apartments per building. Separate electric meters for each apartment. Common water. Some deferred maintenance but priced below market giving new owner opportunity to perform renovations and upgrades to conform with other properties recently purchased. Buy now ahead of the herd in this rapidly changing neighborhood.
Details
Status Change Information
Status Change Timestamp: 2015-05-19
Purchase Contract Date: 2015-04-03
Close Date: 2015-05-14
Close Price: 900000
Buyer Financing: Conventional
Concessions Comments: na
Address
County: Fayette
Street Number: 2039
Street Name: Jeffrey
Street Suffix: Court
State: KY
Zip Code: 40504
Directions: From Versailles Road, turn on to Village Drive then turn right on to Jeffrey. Property also fronts Village Drive and Cambridge Drive.
Parcel Number: UNKNOWN
Contract
Current Price: $900,000
Original List Price: 900000
Status: Closed
Start Showing Date: 2015-03-29
Listing Contract Date: 2015-03-29
Sold Price: $900,000
Listing Agreement: Exclusive Right To Sell
Office Exclusive YN: No
SP/LP: 1
Parking Information
Parking Total: 55
Utilities
Cooling YN: Yes
Heating YN: Yes
Remarks
Public Remarks: Invest in this hot-selling neighborhood now and participate in the renewal of this popular area. This listing includes 1242 Village Drive, 2036 Cambridge Drive, 2022 & 2030 & 2039 Jeffrey Drive. Five buildings. Twelve, one-bedroom apartments per building. Separate electric meters for each apartment. Common water. Some deferred maintenance but priced below market giving new owner opportunity to perform renovations and upgrades to conform with other properties recently purchased. Buy now ahead of the herd in this rapidly changing neighborhood.
Listing Information
Property Sub Type: Apartment
Tax Legal
MLS Area Major: 004 - Fayette County SW
Subdivision Name: Viley Heights
Building
Year Built: 1976
Property Features
Utilities: Electricity Connected; Electricity Connected
Cooling: Electric
Heating: Electric; Forced Air
Possession: Close Of Escrow
Roof: Shingle
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.