Investors... These tenants are long term and are not going anywhere! Own 2 duplexes and 2 houses all on same street for a great price. Properties are in good condition and leased out! Cash flow! Addresses are 313, 814, 818,820 818 1st ave Holmes St Frankfort KY 40601 Because of Covid and tenants we wont be doing showings without offers. However we have pictures for each unit and each room and all the information needed to make a offer.
9 Frankfort, KY 40601 Multi-Family Homes For Sale
Total of 8 units 1313 sq ft per unit. Each unit has kitchen with appliances, washer dryer hook up. dining area, half bath down, great room and patio. Up stairs is two bedroom with each having there on full baths. All tenants are on month to month lease and pay all there utilities. There are two parking spaces per unit. Close to hospital, shopping and schools.
Unit 819 has been renovated except for a few items. New drywall ,electric, plumbing, flooring, cabinets, doors, lighting, new appliances. This unit needs to have new countertops and furnace. Unit 821 has not been renovated. (SELLING AS IS)
10 townhome units with 3 bedrooms and 2 baths with 1 car garage per unit. Excellent location and moments from ever growing downtown with excellent views. 9 units are rented. **All units can be sold individually as wanted or needed. HOA in place. Many improvements made. **Warranty, transferable, in place to cover HVAC, Plumbing, Hot Water Heaters, Appliances, and Electrical. Three years transferable remaining. Current waitlist to occupy. Easy showing with one unit being kept vacant. Same vacant unit also for sale as standalone unit. All 10 offered now as a package. Current gross rents at $8,550. Market rents could easily surpass $10,500 in current condition.
Investor's dream! Low maintenance, dependable income. Roof, both HVAC, water heaters are less than 10 years old. Most plumbing has been updated to plex pipe. Exterior painted last month. Both tenants 3+ years, very dependable and not worrisome. Owner/Agent. Contact agent to show. No sign on site.
Great way to start investing in real estate with this duplex or to add to your portfolio. Each unit is 1 bed and 1 bath. One unit is currently rented at 475.00 per month, the other side is vacant. Selling as is. Schedule showing today.
$1125 gross rents when full for this 2 story duplex building. 612 and 612 1/2 Taylor is all under 1 roof with each floor separate to create 2 rental units. First floor is now vacant and will stay vacant until sold. There are 2 sets of steps to access the second floor with one set coming off the front porch and the second set off the back patio. The first floor includes approximately 1372 SF with 3 BRs, 2 full BAs, WD hu, covered porch, back patio, and central HVAC. The flooring is laminate hardwood, real hardwood, and vinyl. This unit was previously rented for $650 per month and the tenant pays gas, electric, and mows and maintains the lot. The owner does pay water and sewer charges for both units. The second floor features a 2 BR, 1 full BA, with approximately 1000 SF. This unit was converted to all electric a few months ago with electric wall heaters for heat. This unit pays $475 per month and pays their own electric. Security deposit for second floor tenant to transfer.
Units have been totally renovated. New drywall, flooring, interior and exterior doors, new appliances. Washer and dryer stays, all new light fixtures, new bathroom with walk-in shower, and new deck.
3 Plex. 2 one bedroom apartments downstairs and a 2 bedroom apartment upstairs. 3 separate meters for utilities. Apartment 1 needs work. Seller never rented this apartment out. No hot water heater. Apartment 2 has had some updates including new front and back door replaced 2017. Back window by back door replaced 2017. Apartment 3 has 2 bedrooms. Windows replaced in Apartment 3 in April 2019, No washer/dryer hook up. Seller does not know if the refrigerator works. There is extra kitchen cabinets that were going to be replaced in apartment 3 but seller never replaced them. Seller will leave the cabinets. Apartment 3 does not have heat or air. This was rental property and Seller never lived at this address. Selling AS-IS. Seller will not do any repairs. No utilities will be turned on. Listing Agent is related to Seller
You may also be interested in Hatton, KY Multi Family Homes For Sale.