Frankfort KY Multi Family for Sale
$1,330,000
1300-1314 Powhatan Frankfort, KY 40601
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 20
- Lot size:
- 1.9 Acres
- Year built:
- 1995
- Baths:
- 16.00
- MLS#:
- 24020812
- Subdivision:
- Indian Hills
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Courtesy: Marshall Lane Real Estate
502-682-1226
ADDITIONAL INFORMATION
Portfolio game changer. 4 large duplexes and 3 lots zoned RH with up to 24 units per acre. Duplexes are essentially three stories with garage and storage on lowest level and two levels of living space. 2 duplexes have 2 bedrooms and 2 baths. 2 duplexes have 3 bedrooms and 2 baths. Large rooms, great layouts. Longterm tenants. Great culture at the buildings. Rents need to be raised to market.All properties back up to Lakeview Park at which there will be a large addition of amenities in the coming years only helping to boost property values, rents, and rentability.Addresses: 1300, 1302, 1304, 1306, 1308, 1310, 1312, 1314 Powhatan Trail
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 3
- Lot size:
- 0.38 Acres
- Year built:
- 1928
- Baths:
- 2.00
- MLS#:
- 24019159
- Subdivision:
- South Frankfort
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Courtesy: Marshall Lane Real Estate
502-682-1226
ADDITIONAL INFORMATION
South Frankfort duplex. This duplex has excellent rental history. First floor is currently leased. Second floor is currently vacant to allow for easy showings. Second floor previously leased at $1,200/mo.Real estate agent owned
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.3 Acres
- Baths:
- 4.00
- MLS#:
- 24015658
- Subdivision:
- Meadows
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Courtesy: Capital Realty and Investments
502-223-5500
ADDITIONAL INFORMATION
This duplex has 2 bedrooms, 1.5 bathrooms fenced back yard and well landscaped yard It has a built-in garage for each unit. It's been well maintained. One-unit 417A is vacant and 417B is rented on a month-month lease @650 per month. Each unit has living room. Dining room,2 bedrooms, bath and 1/2 and laundry area. This is a nice property with lots of rental potential. Bringing rents up to market price will support investment cost.
$2,795,000
245 W Main St Unit 245 Frankfort, KY 40601
- Type:
- Fourplex
- Sq.Ft.:
- 8,088
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.08 Acres
- Year built:
- 1888
- Baths:
- MLS#:
- 1662553
View additional info
Courtesy: RE/MAX Premier Properties
502-384-5944
ADDITIONAL INFORMATION
Welcome to the epicenter of Bourbon Country! Situated minutes from World-Renowned distilleries, this Boutique Short-term Rental + Bourbon Bar has quickly become a thriving and trustworthy destination for Distillery-Tour Groups, Bourbon Lovers and Thoroughbred Enthusiasts from across the USA. Most recognizable as the ''Mason & Hoge'' Building, this memorable landmark of the Central Business Historic District easily justifies why its facade is featured on the front of the State Capital's tourism guide: ''Visit Frankfort''. A remarkable 3-yr, multi-million dollar restoration project was completed in 2023 that exudes the perfect harmony of a modern, luxurious grandeur with a quirky twist. The layout offers versatile booking flexibility (up to 28 guests) which has helped it garner high-dollar bookings that continue to increase - additional income growth opportunities exist as well. **HIGHLIGHTS** :: Stabilized, Class A Asset :: Historic District Corner Lot High Visibility :: 8,898 Gross SQFT: 8,088 FIN + 810 UF :: Central Elevator + Stairwell 1 Long-Term Tenant :: Bourbon Bar leased til Aug '28 :: 4.8-star Google Rating 3 Short-Term Suites (12 BRs, 17 Beds, 11.5 BAs) :: 6 Bed + 5 Bath (sleeps 16) :: 5 Bed + 5 Bath (sleeps 10) :: 1 Bed + 1.5 Baths (sleeps 2) :: 3 Full Kitchens + 3 Laundry Hookups :: $175,000 +/- furnishings for turn-key approach :: $112,000 +/- confirmed future bookings **CITY** The city is undergoing a rebirth known as the "Downtown Frankfort Revitalization Project" - a master plan near the riverfront consisting of outdoor retail, restaurants and office to further capitalize on the exploding bourbon industry and tourism within the Louisville/Bardstown/Frankfort triangle. **PROXIMITY** Situated along the Bourbon Trail, guests can easily walk/shuttle to flagship distilleries: Distilleries < 10 mins: :: Buffalo Trace (1.6 mi) :: J. Mattingly 1845 :: Glenns Creek :: Old Crow < 20 mins: :: Castle & Key :: Whiskey Thief :: Woodford Reserve < 30 mins: :: Wild Turkey :: Four Roses :: Bulleit :: Jeptha Creed Major Cities: Louisville, Lexington & Cincinnati Keeneland (30m) + Churchill Down (50m) Lexington Blue Grass Airport LEX (30m) Louisville Inter'l Airport SDF (60m) Cincinnati International Airport CVG (80m) **UPDATES** Enjoy low future CapEx due to the extensive list of upgrades following redevelopment down to the original foundation/shell. Interior: :: New Electric (wiring/panels/service/fixtures) :: New Plumbing (PVC/pex, fixtures, W/D, tankless WH) :: New Steel Framing, Double-Drywall, Insulation, Doors :: New Paint + Wallpaper :: New Elevator + Block Shaft + Voice/Data system :: New Gyp-Crete between levels (sound & fire retardant) :: New Eng. Hardwood + Sound-Damping Underlay :: New HVAC: Units, Spiral Duct, Thermostats :: New In-Unit Speaker Systems :: New Cabinets, Cambria Quartz Countertops :: GE Cafe Series Appliances :: New Tile + Glass Surrounds + Bath Vanities :: Custom Millwork & Trim Carpentry Exterior: :: Restored Front Facade w/ Mahogany Doors :: New Aluminum Clad Windows :: New Roofing + Gutters (TPO roofing) :: New Exterior Paint & Doors :: Foundations Reinforced + Metal I-Beam Joists (1st Fl) :: Commercial Space Buildout: Bar + Bar Equipment Utilities: :: Low utilities - energy efficient fixtures :: Gas, Electric + Water/Sewer separately metered (4) :: Tankless Gas Water Heaters (2nd & 3rd Fl) **HISTORY** Built in 1888, the Mason & Hoge building has its ties to two prominent business and construction leaders at the time: C.R. Mason and S. French Hoge. Today, known as Mason & Hanger, it is the oldest American Architectural Engineering firm and has been renowned for its work on the Virginia Railroad, the Chicago River Reversal, the Kentucky River Lock & Dam, the New York Lincoln Tunnel, and the Nevada Nuclear Weapons Test Site (to name a few).
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Lexington Bluegrass Multiple Listing Service. The Broker providing this data believes them to be correct but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 Lexington Bluegrass Multiple Listing Service. All rights reserved.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than Xome are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 Metro Search Multiple Listing Service. All rights reserved.
Frankfort Real Estate
The median home value in Frankfort, KY is $249,450. This is higher than the county median home value of $201,100. The national median home value is $338,100. The average price of homes sold in Frankfort, KY is $249,450. Approximately 42.98% of Frankfort homes are owned, compared to 50.45% rented, while 6.57% are vacant. Frankfort real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Frankfort real estate agent to arrange a tour today!
Frankfort, Kentucky has a population of 28,479. Frankfort is less family-centric than the surrounding county with 24.91% of the households containing married families with children. The county average for households married with children is 25.22%.
The median household income in Frankfort, Kentucky is $51,731. The median household income for the surrounding county is $59,498 compared to the national median of $69,021. The median age of people living in Frankfort is 34.9 years.
Frankfort Weather
The average high temperature in July is 86.6 degrees, with an average low temperature in January of 23.1 degrees. The average rainfall is approximately 46.4 inches per year, with 8.2 inches of snow per year.