NOT LISTED FOR SALE

368 Wallace Ave Unit E,F,G Frankfort, KY 40601

4 Beds
3 Baths
2,100 Sq Ft
6,970 Sq Ft Lot

Last Sold March 04, 2021

Last sale price $68,000 $32 Per Sq Ft

98 Days on Market

About This Home

As of March 2021

3 rental units on 368 Wallace Ave with a $1300 rent roll. This package includes a single family house on the front of the lot and a 2 story block building at the rear of the lot with separate apartments on each floor and an attached 1 car garage (Approx 15' by 24') that is currently used as owner storage. Unit E (900 SF) is the single family and includes 2 BR, 1 full BA, WD hu, central furnace (no AC), and some updates (see attached pics and disclosure). The past rent has ranged from $625-675 and the tenant pays electric, gas, water, and responsible for mowing. Unit F (600 SF) is the first floor of the back building and includes 1 BR, 1 full BA, central furnace, and kitchen for $350 per month. Owners just remodeled Jan 2020 (see pics). Tenant pays electric, gas, and water and mows/weedeats around building. Unit G (600 SF) is the second floor and it includes 1 BR, 1 full BA, and the same tenant when the property was purchased. Tenant pays $325 per month and pays elect, gas, water.

Last Agent to Sell the Property

Rick Pulliam

Pulliam Realty Group License #191695 Listed on: 11/04/2020

Last Buyer's Agent

Rick Pulliam

Pulliam Realty Group License #191695 Listed on: 11/04/2020

Property Details

Home Type

  • Multi-Family

Lot Details

  • 6,970 Sq Ft Lot

Home Design

  • 2,100 Sq Ft Home
  • Duplex
  • Shingle Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Downtown Subdivision

Building Details

  • Gross Income $1,300

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub-Type: Duplex
  • Structure Type: Duplex, Multi Family
  • New Construction: No
  • Roof:Shingle: Yes
  • Cooling:Window Unit(s): Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • LivingArea: 2100.0
  • Lot Size Area: 0.16

Exterior Features

  • Roof: Shingle
  • List Price: 75000.0

Garage/Parking

  • Attached Garage: No
  • Parking Features: Other

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Yes
  • Utilities: Natural Gas Connected
  • Heating:Forced Air: Yes

Lot Info

  • Lot Dimensions: 135 x ?
  • Lot Size Acres: 0.16
  • Lot Size Sq Ft: 6969.61
  • Zoning Description: Residential/Multi Family

Multi Family

  • Number of Units Total: 3

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2021 03/04/21 Sold $68,000 -9.3% $32 / Sq Ft
02/10/2021 02/10/21 Pending -- -- --
02/09/2021 02/09/21 For Sale $75,000 0.0% $36 / Sq Ft
02/09/2021 02/09/21 Price Changed $75,000 -21.1% $36 / Sq Ft
02/03/2021 02/03/21 Pending -- -- --
01/04/2021 01/04/21 Price Changed $95,000 -13.6% $45 / Sq Ft
12/08/2020 12/08/20 Price Changed $109,900 -8.3% $52 / Sq Ft
11/30/2020 11/30/20 Price Changed $119,900 -0.8% $57 / Sq Ft
11/22/2020 11/22/20 Price Changed $120,900 -3.3% $58 / Sq Ft
11/04/2020 11/04/20 For Sale $125,000 -- $60 / Sq Ft
Source: ImagineMLS (Bluegrass REALTORS®)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: ImagineMLS (Bluegrass REALTORS®)

MLS Number: 20023019

ImagineMLS (Bluegrass REALTORS®)