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London, Corbin, Lexington, Richmond, and Berea Real Estate and Homes For Sale

514 Wapping Street, Frankfort, KY 40601

$497,000
  • 514 Wapping Street, Frankfort, KY 40601 Main Photo

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New to the Market Active
BEDS7 BATHS5 full SQUARE FEET4,984 MLS#26005492
STATUS PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONDowntown SCHOOLFrankfort Independent

Property Description

Rare opportunity to own a historic, income-producing property held by the same family for two generations. This well-maintained asset offers stunning river and downtown views from large windows on every level, along with a second-story balcony to fully enjoy the setting. The property features four thoughtfully laid-out units: First floor: one 2 bed / 2 bath unit and one 2 bed / 1 bath unit Second floor: two 1 bed / 1 bath units The third floor, once used as living space, is currently utilized for storage but offers excellent potential to be converted into a fifth unit, capitalizing on some of the best views in the building. Additional highlights include a private driveway for off-street parking and a spacious rear deck overlooking the beautiful Liberty Hall Gardens, providing a peaceful and scenic backdrop. This versatile property also presents the opportunity to be transformed into a stunning single-family residence. Lovingly cared for over decades, it offers both charm and confidence for its next owner???whether as an investment or a unique personal home.

514 Wapping Street | MLS# 26005492

This multi-family property located at 514 Wapping Street, Frankfort, KY 40601 is currently listed for sale with an asking price of $497,000. Wapping Street is located within the Frankfort Independent school district. Search Frankfort real estate on www.salliedavidson.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air, Electric, Multi Units, Window Unit(s)
Fuel Type: Electric, Gas
Heating: Electric, Natural Gas
Lot Size: 0.32 Acres
Roof Type: Dimensional Style

Feature Descriptions

Lot Dimensions: 0.320 acre(s)
Parcel #: 061-24-01-023.00
Parking Notes: On Site
Structure Type: Quadruplex

Local Schools

High School: Frankfort
Middle School: Second St Middle
Elementary School: Second St
School District: Frankfort Independent

Listed By / Shown By

Listed By

Agency Name: Marshall Lane Real Estate

Shown By

Agency Title: SALLIE DAVIDSON, REALTORS
Agency Phone: 606-877-3000

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Estimated Payment

$ 1,930.36 per month $1,785.40 Principal & Interest $0.00 Property Tax (data not provided by mls) $144.96 Homeowner's Insurance

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