About This Home

This 10-bedroom, 10-bathroom multi-family at 115 E Walnut Street in Danville, KY is listed for $1,045,000 ($134 per sqft). Built in 1984, the home offers 7,820 sqft of living space on a 0.59 acres lot.

Key Features

  • Built in 1984
  • 0.59 acre lot
  • 2 stories
  • 10 parking spaces

Property Details

2 stories
10 full
10 spaces
1984

Amenities

A/C
Listing 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.

Monthly Cost Estimate

$5,589/mo

20% down · 6.5% · 30 years

Principal$756
Interest$4,528
Insurance$305

Estimates only. Actual payments may vary.

Location

115 E Walnut Street

Danville, KY 40422

Downtown

Property Details

Heating

Electric (Heating)

Cooling

ElectricDuctless

Questions & Answers

This 10-bedroom, 10-bathroom multi-family at 115 E Walnut Street is listed at $1,045,000 ($134/sqft). The estimated monthly payment is $5,589 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1984, 0.59 acre lot, 2 stories, 10 parking spaces.

This property is listed by Michelle Gunter and can be reached at 8595526672.

MG

Michelle Gunter

Agent at Bluegrass Home Group

(859) 552-6672

Listed by Bluegrass Home Group · Broker phone: 859-935-5884 · View on Broker Site

MLS# 26025511· Source: ImagineMLS· 1 day on PropertySimple

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115 E Walnut Street, Danville, KY 40422

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