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$ 1,045,000
10 Beds
10 Baths
7,820 SqFt
$ 1,045,000
10 Beds
10 Baths
7,820 SqFt
Key Details
Property Type Other Types
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 7,820 sqft
Price per Sqft $133
Subdivision Downtown
MLS Listing ID 26025511
Bedrooms 10
Full Baths 10
Year Built 1984
Lot Size 0.590 Acres
Acres 0.59
Property Sub-Type Apartment
Property Description
10 units in the heart of downtown Danville with $117,600 in annual gross rental income! Located at 115 E. Walnut Street, this multifamily property combines a convenient downtown location with substantial improvements already completed, including a new roof, updated HVAC systems and updated units throughout. On-site parking adds everyday convenience. Situated beside historic Constitution Square, the property is just blocks from Main Street's shopping and dining and near Ephraim McDowell Regional Medical Center and Centre College. An excellent opportunity to purchase an income-producing property with major updates already in place. May be purchased individually or together with the neighboring properties at 125 and 135 E. Walnut Street for a combined 28-unit portfolio. Buyers looking to expand their investment may also include the duplexes at 127-129 Aspen Drive, 134-136 E. Cheryl Lane and 155-157 E. Erskine Drive as part of a larger negotiated package.
Location
State KY
County Boyle
Interior
Heating Electric
Cooling Ductless, Electric
Exterior
Parking Features On Site
Utilities Available Cable Available, Electricity Available, Sewer Connected, Water Connected
View Y/N N
Roof Type Dimensional Style
Handicap Access No
Private Pool No
Schools
Elementary Schools Hogsett
Middle Schools Bate
High Schools Danville
Listed by Bluegrass Home Group