506 Steele St Unit 1-5, Frankfort, KY 40601

$574,000
10
BD
5
BA
4,250
SqFt

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List Price
$574,000
MLS#
26011504
Status
ACTIVE
Type
Multifamily
City
Frankfort
Area
014 - Franklin County
County
Franklin
Bedrooms
10
Bathrooms
5
Living Area
4,250
Lot Size
10,018
Year Built
1926

Property Description

506 Steele is a unique 5-unit multifamily property in a great Frankfort location within walking distance to the Kentucky State Capitol and downtown amenities. The property features four large 2 bedroom, 1 bathroom units with a private sun room, along with a distinctive penthouse unit. This well-built building has strong curb appeal and character that stands out from typical apartment properties. Current rents are $4,320 per month with plenty of upside to raise rents to market rates. Rent roll and financials available on Flex. Property can also be packaged together with 201-203 Campbell for investors looking to expand their portfolio with additional Frankfort multifamily units.

Additional Information

Acres
0.23
Living Area
4,250
Region
014 - Franklin County
Subdivision
Capital View

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Calculator source: Real Geeks

Listing courtesy of Lifstyl Real Estate.