London, Corbin, Lexington, Richmond, and Berea Real Estate and Homes For Sale
BEDS10
BATHS5 full
SQUARE FEET4,250
MLS#26011504
STATUS
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONCapital View
SCHOOLFranklin County - 14
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.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Fuel Type: Electric
Heating: Electric
Lot Size: 0.23 Acres
Year Built: 1926
Feature Descriptions
Days on Site: 32
Lot Dimensions: 0.230 acre(s)
Parcel #: 062-13-17-003.00
Local Schools
High School: Franklin Co
Middle School: Second St Middle
Elementary School: Second St
School District: Franklin County - 14
Listed By / Shown By
Listed By
Agency Name: Lifstyl Real Estate
Shown By
Agency Title: SALLIE DAVIDSON, REALTORS
Agency Phone: 606-877-3000
Estimate Your Payment
Estimated Payment
$ 2,330.03 per month $2,155.06 Principal & Interest $0.00 Property Tax (data not provided by mls) $174.97 Homeowner's Insurance
506 Steele Street, Unit 1-5 | MLS# 26011504
This multi-family property located at 506 Steele Street, Unit 1-5, Frankfort, KY 40601 is currently listed for sale with an asking price of $599,900. Steele Street, Unit 1-5 is located within the Franklin County - 14 school district. Search Frankfort real estate on www.salliedavidson.com today.