8 units for sale 2 bed each

Multi-Family for Sale
Catylist Listing ID: 30872908
Property Subtypes: Duplex/Fourplex
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: 6/6/2024

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

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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

Contact

Photograph of Listing Agent

Jenny Gregory

EXP Realty LLC KCREA Member
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