426 428 Schenkel Ln, Frankfort

$660,000

6 Beds
6 Baths
2,760 Sqft
¼ Acres
0 Garages

Wonderful investment opportunity to purchase 4 separate duplexes in the Colony subdivision on the east side of Frankfort. Each rental unit includes 3 BRs, 1 1/2 BAs, WD hookup, all tile/hardwood (no carpet), individual driveways, walk out porches/patios, and large backyards. Addresses include 426-428 Schenkel, 432-434 Schenkel, 438-440 Schenkel, and 571-573 Williamsburg. The Schenkel Lane buildings are all side-by-side and Williamsburg is adjacent just one street behind. The current rent roll is $5840 per month and this is below market value. Currently 440 Schenkel is vacant and market rent will be $800. It can be shown and then with accepted offer, we will open up the other units for inspections. Tenants pay their own utilities (gas, electric, water & sewer) while owner is responsible for mowing. All current tenants have been in their townhouse for over 1 year with several at 2-5 years. Security deposits held for each. Professional management available.

Essential Information
MLS® #1911793
Price$660,000
Bedrooms6
Bathrooms6.00
Full Baths3
Half Baths3
Square Footage2,760
Acres0.25
TypeMulti-Family
Sub-TypeMulti-Housing
StyleDuplex
StatusActive
Community Information
Address426 428 Schenkel Ln
AreaFranklin County
SubdivisionThe Colony
CityFrankfort
CountyFranklin
StateKY
Zip Code40601
Amenities
Parking Spaces1
Parking1 - 5 Spaces, On Site, Paved
Interior
HeatingForced Air, Heat Pump
CoolingElectric
# of Stories2
StoriesTwo
Exterior
RoofShingle Composition
School Information
DistrictFranklin County
ElementaryElkhorn Elem
MiddleElkhorn Middle
HighFranklin Co
Additional Information
Date ListedMay 26th, 2019
ZoningMulti-Family
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Listing Provided Courtesy of: Pulliam Realty Group

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