125 E Walnut St, Danville, KY

Name: 125 E Walnut St, For Sale in Danville - Zoocasa
Brand: Bluegrass Home Group
SKU: 26026048
Price: 980000 USD

Condo

For Sale

Listed price in listed location currency (USD).

$980,000

1488

MLS® 26026048

Overview

Key Facts

Type Apartment

Levels Residential Income

Size 7040 sqft

Garage

Maintenance Fees

Taxes

Days Active 0

Approx. Age 1976

Avg. Price Per Sqft $139

MLS® Number 26026048

Property Address: 125 E Walnut St, Danville, KY, 40422-1841

Average square foot calculated using Size range provided by listing agent.

Description

Rare opportunity to acquire an 8-unit multifamily property in the heart of downtown Danville, Kentucky generating $110, 400 in annual income. This well-positioned apartment building combines a convenient central location with significant property improvements and on-site parking. The property has been substantially improved, including a new roof, updated HVAC systems, and updated units throughout, reducing near-term capital improvement needs while offering an attractive foundation for continued multifamily ownership. Residents benefit from a highly convenient location beside historic Constitution Square and just blocks from Danville's Main Street district, with easy access to downtown restaurants, shopping, services, and community attractions. Ephraim McDowell Regional Medical Center is approximately 0.2 mile away, while Centre College is just minutes away along the Walnut Street corridor. With 8 units, extensive improvements, on-site parking and a walkable downtown location, the property offers an attractive opportunity for an investor seeking a manageable multifamily asset in a desirable central Danville setting. **May be purchased individually or together with the neighboring properties at 115 and 135 E. Walnut Street for a total 28-unit portfolio. For an expanded investment opportunity, the package may also include three additional Danville duplexes located on Aspen Drive, E. Cheryl Lane, and E. Erskine Drive, bringing the combined portfolio to 34 units.**

MLS® Number26026048

Locker

Ensuite Laundry

Balcony

Furnished

Laundry Level

Exposure

Exterior

Garage

Approx. Age1976

Stories2

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

HeatElectric, Ductless

A/CDuctless, Electric

Extras

Map

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