Catylist ID:
#30872908
8 units for sale 2 bed each
Multi-Family
for Sale
Sale Pending/Contingent
| Catylist Listing ID: | 30872908 |
| Property Subtypes: | Duplex/Fourplex |
| Status: | Pending/Contingent |
| Number of Units: | 8 Units |
| Building Size (RSF): | 5,986 SF |
| Gross Building Area: | See Agent |
| Sale Price: | $770,000 |
| Unit Price: | $96,250 Per Unit |
| Property Use Type: | Investment |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 7/17/2024 |
Overview / Comments
|
perfect for expanding your investment portfolio. Charming Four-Plex Units in Growing Frankfort! Discover these well-maintained four-plex units, perfectly located in the thriving area of Frankfort. These brick buildings are not only sturdy and durable but also aesthetically pleasing. Out of the 8 units, 6 are already rented, and 6 have been recently renovated to meet modern standards. Features: Renovated Units: 6 out of 8 units have been tastefully updated, providing a fresh and inviting living space. Appliances: Each unit is equipped with a dishwasher, making everyday chores a breeze. Convenience: All units come with washer and dryer hookups, adding to the comfort and convenience of the residents. Property Management: Excellent property management is available if needed, ensuring that both the property and tenants are well taken care of. Frankfort is a growing area with increasing demand for quality rental properties. These four-plex units offer a great investment opportunity with the potential for stable cash flow and appreciation. |
Additional Details
| Nearest MSA: | Frankfort |
| County: | Franklin |
| Tax ID/APN: | 050-30-04-007.00 |
| Zoning: | R3 |
| Area Description: | 2 BUILDINGS 2 STORY EACH 2 BED EACH 8 GARAGES AND PARKING |
| Total Number of Buildings: | 2 |
| Property Condition: | Excellent |
| Number of Stories: | 2 |
| Year Built: | 1978 |
| Year Renovated: | 2022 |
| Construction/Siding: | Brick |
| Exterior Description: | BRICK |
| Parking Type: | Surface, Other |
| Parking Description: | 8 GARAGES AND PARKING |
| Total Parking Spaces: | 12 |
| Laundry: | In Each Unit |
| Sprinklers: | Dry |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
| Legal Description: | 8 units two four plex units next to each other |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 5,643 | 21,020 | 42,057 |
| Median Age: | 40.39 | 38.43 | 39.06 |
| Households: | 2,738 | 8,820 | 17,790 |
| © Copyright 2024 Moody's. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Kentucky Commercial Real Estate Alliance nor Moody's assume any liability for errors or omissions. |
