115 E Walnut Street,Danville, KY 40422
Danville, 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.
Details
| MLS # | 26025511 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Active |
| Year | 1984 |
| Days On Site | 8 |
| Listing Provided By | Bluegrass Home Group | Michelle Gunter |
Features
| Bed(s) | 10 |
|---|---|
| Bath(s) | 10 Total |
| SQ Feet | 7,820 |
| Units | 10 |
| Building(s) | 1 |
| Zoning | Residential |
| Acreage | 0.59 |
Interior
| Cooling | Ductless, Electric |
|---|---|
| Heating | Electric |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
Exterior
| Roof | Dimensional Style |
|---|
Parking
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | On Site |
Utilities
| Utilities | Cable Available, Electricity Available, Sewer Connected, Water Connected |
|---|
Area Information
| State | KY |
|---|---|
| County | Boyle |
| City | Danville |
| Zip Code | 40422 |
| Area | 012 Boyle County |
| Subarea | Boyle County |
| Community Name | Downtown |
| School District | Boyle County |
| Elementary School | Hogsett |
| High School | Danville |
| Listing VS Median (in Downtown) | |
Price: $1,045,000 low | high Med: $230,000 sqft: 7,820 low | high Med: 1,689 $ / sqft: $134 low | high Med: $136 On site: 8 low | high Med: 62 | |
Market Activity 40422
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Learn More About This Property
| State | KY |
|---|---|
| County | Boyle |
| City | Danville |
| Zip Code | 40422 |
| Area | 012 Boyle County |
| Subarea | Boyle County |
| Community Name | Downtown |
| School District | Boyle County |
| Elementary School | Hogsett |
| High School | Danville |
| Listing VS Median (in Downtown) | |
Price: $1,045,000 low | high Med: $230,000 sqft: 7,820 low | high Med: 1,689 $ / sqft: $134 low | high Med: $136 On site: 8 low | high Med: 62 | |
