506 Steele St Unit 1-5, Frankfort, KY 40601
- $574,000
- 10
- BD
- 5
- BA
- 4,250
- SqFt
- List Price
- $574,000
- MLS#
- 26011504
- Status
- ACTIVE
- Type
- Multifamily
- Subtype
- Apartment
- Bedrooms
- 10
- Bathrooms
- 5
- Full Baths
- 5
- Living Area
- 4,250
- Lot Size
- 10,018
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.
Additional Information
- Elementary School
- Second St
- Middle School
- Second St Middle
- High School
- Franklin Co
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Listing courtesy of Lifstyl Real Estate.