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.
Property Features
Cooling Information
Central Air
Electric
Multi Units
Window Unit(s)
Heating Information
Electric
Natural Gas
Parking
On Site
School Information
School Information for 514 Wapping Street, Frankfort, KY 40601
Elementary School
Second St
Middle School
Second St Middle
High School
Frankfort
Listing Courtesy: Marshall Lane Real Estate - 502-682-1226