125 E Walnut Street, Danville, KY 40422
125 E Walnut Street, Danville, KY 40422
125 E Walnut Street, Danville, KY 40422
125 E Walnut Street, Danville, KY 40422
125 E Walnut Street, Danville, KY 40422
125 E Walnut Street, Danville, KY 40422

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Additional details
Wes Williams

Wes Williams

+1(606) 627-1764
$ 980,000

14 Beds

8 Baths

7,040 SqFt

Save
$ 980,000
Save

14 Beds

8 Baths

7,040 SqFt

Key Details

Property Type Other Types

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 7,040 sqft

Price per Sqft $139

Subdivision Downtown

MLS Listing ID 26026048

Bedrooms 14

Full Baths 8

Year Built 1976

Lot Size 0.920 Acres

Acres 0.92

Property Sub-Type Apartment

Property 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.**

Location

State KY

County Boyle

Zoning R

Interior

Heating Ductless, Electric

Cooling Ductless, Electric

Exterior

Parking Features On Site

Utilities Available Natural Gas Connected, Sewer Connected, Water Connected

View Y/N N

Handicap Access No

Private Pool No

Schools

Elementary Schools Hogsett

Middle Schools Bate

High Schools Danville

Imagine MLS / Bluegrass Association of REALTORS (LBAR)
Listed by Bluegrass Home Group
Wes Williams

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(606) 627-1764

williamseliterealtyky@gmail.com

205 London Shopping Ctr, London, KY 40741-3016, USA

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125 E Walnut Street

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