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.
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