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Sold for $420,000 on 06/24/25
  • $420,000

    220 Cedar St, Lexington, KY 40508

    47beds
    28,211sqft
    MultiFamily
    Built in 2011
    -- sqft lot
    $930,900 Zestimate®
    $15/sqft
    $1,875 Estimated rent

    What's special

    Updated Price!! This is your chance to own 23 fully occupied Class A condo's in the desirable Center Court complex of Lexington, KY! An opportunity like this is unheard of and these units have not been available since the complex's inception. Coming in at an incredible 47 bedrooms, 46 full bathrooms, and 4 half baths, these units comprise of 1+, 2, and 3 bedroom styles across a wide range of layouts. All available condos are part of the PHII portion of the complex.Their location can't be beat! Situated directly in the heart of Lexington, this package is right on the edge of the University of Kentucky campus and lively downtown area. Residents have the ability to bike or walk to any of the several restaurants, bars, breweries, parks, or shopping areas nearby! All units are complete with high ceilings, walk in closets, contemporary exposed ductwork, tons of windows for natural light, plus in-unit laundry and include parking in the covered garage. All first floor units have a private exterior entrance to the courtyards, and many other units have private balconies.Buyer responsible to pay initial HOA capitalization fee at closing (1BR = $1000 , 2 BR =$1400, 3 BR = $1800) Many units have had upgrades over the years including several with stainless steel appliances, granite countertops, upgraded kitchen cabinets, LVP floors, as well as upgraded bathroom finishings. The entire complex is monitored by a security system with cameras and code operated access doors, as well as a wet sprinkler system in each unit. Rentals in this building are in high demand! All units are occupied with many leases already being extended through through 7/31/2023. With such a high demand, the short supply of high end housing and the convenience of its location new ownership has the potential for rent growth in the future. Please find the full list of available units as well as rent and lease information as an attachment to this listing. Condos are available for sale as a full or partial package, as well as for sale individually. Call today, to set up your private showing before its too late! As individual units go under contract, this listing will not be updated until the individual unit closes escrow. Please find available / pending status on attached document.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 47
    • Bathrooms: 50
    • Full bathrooms: 46
    • 1/2 bathrooms: 4
    Heating
    • Heat pump
    Cooling
    • Other
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven
    • Laundry: In Unit
    Features
    • Flooring: Tile, Hardwood
    • Basement: None
    Interior area
    • Total interior livable area: 28,211 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    Features
    • Exterior features: Brick
    Details
    • Parcel number: 38229930

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • concrete
    • Roof: Composition
    Condition
    • Year built: 2011

    Community & neighborhood

    Location
    • Region: Lexington

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $262 monthly

    Other

    Other facts
    • All appliances included
    • Cats Allowed
    • Laundry: In Unit
    • Parking Type: Garage
    • Small Dogs Allowed
    Services availability