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. Group showing this Saturday, June 13, 2:00-2:30. Contact agent to let them know you are coming.
Property Features
Cooling Information
Central Air
Heating Information
Electric
School Information
School Information for 506 Steele Street 1-5, Frankfort, KY 40601
Elementary School
Second St
Middle School
Second St Middle
High School
Franklin Co
Listing Courtesy: Lifstyl Real Estate - 859-278-7501