Multiple, Frankfort, KY 40601
Commercial property for sale
Description
This bank-owned package includes 5-properties in total: 159 E. Main St: Three (3) 1BR/1BA units. Units 1 & 2 both have 555 sqft. each. Unit 3 has 846 sqft. All three apartments previously rented for $525/month which included all utilities. Electric metered separately. Off Street Parking. Porch. 185 E. Main St: Single Family Home with 3BR/1BA and 1,917 sqft. Huge. Previously rented at $888/month. 1.5 stories. FWA Heat, Central Air, Off-street parking. Porch. 189 E. Main St: Duplex with two units, 2BR/1BA with 894 sqft each. Base heaters with window A/C units. Unit A was previously rented for $650/month which included utilities. Unit B is currently rented for $600/month and includes all utilities. Metered separately. 191 E. Main St: 0.10 acre surface lot that is used for convenient parking by tenants in surrounding units/buildings (185, 189, & 193 E. Main St). 193 E. Main St: Single Family Home with 2BR/1BA and 1,264 sqft of living space. 1.5 stories. Previously rented for $920/month which included all utilities. Patio, porch, and shed. Package is listed well below combined appraised value of these properties. Excellent opportunity and investment potential. Properties are located next to one another making it convenient for potential investors/landlords/property managers. Building price details: $244,900.
Property Details
- Type: Multifamily
- Status: Available
- Buildings: 1
Exterior Features
- Parking: Yes
- Parking Spaces: 10
- Parking Type: Surface