115 E Walnut StreetDanville, KY 40422

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.

Property Information

Property type

Residential Income

Sub-type

Apartment

Structure type

Multi Family

Year built

1984

Stories

2

Living area

7,820 Sq Ft

Lot size

0.59 acres

Lot dimensions

138x184

Parking spaces

10

Days on market

2

MLS^® Listing#

26025511

Property Features

Cooling

Ductless · Electric

Heating

Electric

Parking

On Site

Utilities

Cable Available · Electricity Available · Sewer Connected · Water Connected

Parcel number

D08-015-030

Schools

Elementary

Hogsett

Middle

Bate

High

Danville

Directions

East Main Street to East Walnut