2027 Cummins Ct
Lexington, KY


Subdivision: Cardinal Valley
Bedrooms:0
Bathrooms:

Finished Area: sq ft.
MLS Number: 718,919
Price: $1,295,000

Marketing Remarks: This property is a great value-add opportunity. For under $26,000 per door, you can continue to build cash flow and create additional substantial value. Gross income has been $270,000 annually. New shingles in 2007. Good rental history. This is a deal! 2034 Cummins Ct. (tax id #14340913), 2035 Cummins Ct. (tax id #14340911), 2051 Cummins Ct. (tax id #14340910) also included in the listing price - 4 buildings total. 50 units, all 2 bedroom-1 bath.

thumb_718919.JPG
thumb_718919_01.JPG
thumb_718919_02.JPG
thumb_718919_03.JPG
thumb_718919_04.JPG
Tools
This Property is Courtesy Of: Silvestri-Craig Realtors

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than ReMax Winner's Circle are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX Brokers.
Information deemed reliable but is not guaranteed.
Copyright 2008 LBAR Multiple Listing Service. All rights reserved.


Street #: 2027
Address: Cummins Ct

List Price: $1,295,000
Type/Style
Garden

Electric
0

Listing Date: 12/31/1969
Entry Date: 12/31/1969
Status: A
City: Lexington
State: KY
Zip Code: 40504
Area: Fayette County SW 4
County: Fayette
APN: 14340912
Subdivision: Cardinal Valley
School District: Fayette County
Elementary School: Cardinal Valley
Middle School: Leestown
High School: Dunbar
Tax Rate: 1.0879
Terms
Sale

Bldg Expan SF: 0
Lot Expan SF: 0
Parking
56 or More Spaces

Fuel Source
Electric
Gas

Sprinklers: None
Property Amenities
Coin Laundry

Gross Sch Rent Inc: 0
Other Income: 0
Total Gross Income: 0
Credit Losses And Vac: 0
Gross Operating Inc: 0
Less Operating Exp: 0
Net Operating Income: 910,000
Total Ann Debt Srv: 0
Land Lease: 0
Cash Flow Before Tax: 0
Acct Legal $ Col: 0
Adv License And Permit: 0
Property Insurance: 0
Property Management: 0
Payroll: 0
Resident Manager: 0
Other Contract Labor: 0
Taxes Work Comp: 0
Pers Property Taxes: 0
Real Estate Taxes: 0
Repairs And Maint: 0
Elevators: 0
Janitorial Services: 0
Rubbish Services: 0
Water Services: 0
Sewer And Water: 0
Telephone Exp: 0
Other Expense A (number): 0
Other Expense B (number): 0
Total Operating Exp: 0
MLS #: 718,919
Listing Office missing: Silvestri-Craig Realtors

Bedrooms: 0
Full Baths: 0
Half Baths: 0
Quarter Baths: 0
3/4 Baths: 0
Roof
Shingle Composition

Air Conditioning
Electric
Gas


Marketing Remarks: This property is a great value-add opportunity. For under $26,000 per door, you can continue to build cash flow and create additional substantial value. Gross income has been $270,000 annually. New shingles in 2007. Good rental history. This is a deal! 2034 Cummins Ct. (tax id #14340913), 2035 Cummins Ct. (tax id #14340911), 2051 Cummins Ct. (tax id #14340910) also included in the listing price - 4 buildings total. 50 units, all 2 bedroom-1 bath.


Tools
Contact
Mortgage Calculator
Printer Friendly Version of This Page
Email This Listing to a Friend
Listing Office missing: Silvestri-Craig Realtors






This listing has been viewed 1158 times.
Listing Courtesy Of: Silvestri-Craig Realtors
Relocation...