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506 Steele Street #1-5, Frankfort, KY 40601
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506 Steele Street #1-5, Frankfort, KY 40601
506 Steele Street #1-5, Frankfort, KY 40601
506 Steele Street #1-5, Frankfort, KY 40601
506 Steele Street #1-5, Frankfort, KY 40601
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Team Pruitt

Team Pruitt

+1(502) 442-2030
$ 574,000
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Price Dropped by $25K

506 Steele Street #1-5 Frankfort, KY 40601

10 Beds

5 Baths

4,250 SqFt

UPDATED:

Key Details

Property Type Residential Income

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 4,250 sqft

Price per Sqft $135

Subdivision Capital View

MLS Listing ID 26011504

Bedrooms 10

Full Baths 5

Year Built 1926

Lot Size 10,018 Sqft

Acres 0.23

Property Sub-Type Apartment

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.

Location

State KY

County Franklin

Interior

Heating Electric

Cooling Central Air

Exterior

View Y/N N

Handicap Access No

Private Pool No

Schools

Elementary Schools Second St

Middle Schools Second St Middle

High Schools Franklin Co

Imagine MLS / Bluegrass Association of REALTORS (LBAR)
Listed by Lifstyl Real Estate
Team Pruitt

Team Pruitt

The Real Estate Team | License ID: 196568

+1(502) 442-2030

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506 Steele Street #1-5

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