115 E Walnut St, Danville, KY 40422

$1,045,000
10
BD
10
BA
7,820
SqFt

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List Price
$1,045,000
MLS#
26025511
Status
ACTIVE
Type
Multifamily
City
Danville
Area
012 - Boyle County
County
Boyle
Bedrooms
10
Bathrooms
10
Living Area
7,820
Lot Size
25,700
Year Built
1984

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.

Additional Information

Acres
0.59
Living Area
7,820
Parking Spaces
10
Region
012 - Boyle County
Subdivision
Downtown
Utilities
Cable Available, Electricity Available, Sewer Connected, Water Available

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Calculator source: Real Geeks

Listing courtesy of Bluegrass Home Group.