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Listing 10 out of 157
$219,000 For Sale

818 Holmes Street
Frankfort, KY 40601

6 units | Multi Family Home - MLS# 1904706
Property Photo
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Description

Great opportunity to buy 4 buildings with 6 total rental units in Frankfort with a rent roll of $3311 (one unit includes utilities). Priced at only $219, 000 and currently professionally managed. All units have been rehabbed over the past 3 years and currently leased up. Seller has completed disclosures for each building. Rent roll available upon request. 818-820 Holmes St--Duplex is leased for $500 each side ($1000 total) and tenants pay all utilities and mow. 820 was recently rehabbed and leased. Central Air/Heat on both sides. 814 Holmes St--Rehabbed and new tenant starts March 15 for $575 per month and pays all utilities and mows this single family home. Central furnace, no AC. 313 Holmes St--First floor rents for $650 with 3 BRs and 1 BA. Second floor rents for $350 with 1 BR and 1 BA with separate side entrance. Tens pay utils. 818 First Ave--Single family w 2 BRs, 1 BA under federal lease of $736 including utilities. $236 allocated to utilities. 1 yr lease

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi-Housing
  • Listing Status: Active
  • County/Area: Franklin County
  • Zip Code: 40601
  • Subdivision/Neighborhood: Downtown
  • Units: 6 units
  • Bedrooms: 13
  • Full Baths: 6
  • Baths: 6
  • Zoning: Residential/Multi-Family
  • Age of Roof: 2
  • Common Air Condition: Electric
  • Common Heat: Forced Air, Heat Pump
  • Fuel Source: Electric, Gas
  • Gross Sch Rent Inc: 3311
  • Lot Measurement: SqFt
  • Number of Buildings: Four
  • Roof Type: Shingle
  • Type of Property: Duplex, Other
Courtesy of Pulliam Realty Group

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