115 E Walnut St, Danville, KY 40422
- $1,045,000
- 10
- BD
- 10
- BA
- 7,820
- SqFt
- List Price
- $1,045,000
- Status
- ACTIVE
- Days on Market
- 0
- MLS#
- 26025511
- Subtype
- Residential Income
- Year Built
- 1984
- Bedrooms
- 10
- Bathrooms
- 10
- Full Baths
- 10
- Living Area
- 7,820
- Lot Size
- 25,700
- Acres
- 0.59
- Subdivision
- Downtown
- Neighborhood
- 012 - Boyle County
- MLS Area Major
- 012 - Boyle County
Property Description
10 units in the heart of downtown Danville with $117,600 in annual gross rental income! Located at 115 E. Walnut Street, this multifamily property combines a convenient downtown location with substantial improvements already completed, including a new roof, updated HVAC systems and updated units throughout. On-site parking adds everyday convenience. Situated beside historic Constitution Square, the property is just blocks from Main Street's shopping and dining and near Ephraim McDowell Regional Medical Center and Centre College. An excellent opportunity to purchase an income-producing property with major updates already in place. May be purchased individually or together with the neighboring properties at 125 and 135 E. Walnut Street for a combined 28-unit portfolio. Buyers looking to expand their investment may also include the duplexes at 127-129 Aspen Drive, 134-136 E. Cheryl Lane and 155-157 E. Erskine Drive as part of a larger negotiated package.
Additional Information
- Heating
- Electric
- Air Conditioning
- Ductless, Electric
- Roof
- Dimensional
- Parking Features
- On Site
- School District
- Boyle County - 12
- Elementary School
- Hogsett
- Middle School
- Bate
- High School
- Danville
Mortgage Calculator
Listing courtesy of Michelle Gunter of Bluegrass Home Group.