Fantastic opportunity to own almost an acre in the downtown Danville area by Historic Constitution Square. Bonus: 2 apartment buildings with 16 rentable units and basement space that could be finished into some type of usable space. Walking distance to Main Street, restaurants, shops, banks, etc...AND Centre College.Recent updates include new flooring, paint in both hallways in each building. New front doors on each building. New front concrete steps and porch on 125. New back concrete sidewalk and ramp on 125. New back concrete ramp and sidewalk at 135. Cut down approximately 15 trees opening up the property and cleaned out the entire fence row behind both buildings. Hauled in dirt and leveled the back area of both buildings. In the past 5 months approximately 5 units have been updated with new carpet, paint. Non paying tenants have been moved out and rent has been adjusted to current market rent as leases expire and as new tenants come in. Each apartment is 2 bedroom/1 bath and rent is being adjusted at lease renewals and as new tenants arrive to $750-$850.
Sold for $975,000 on 02/28/23
$975,000
125-135 E Walnut St, Danville, KY 40422
2beds
--sqft
Apartment
Built in 1976
-- sqft lot
$896,900 Zestimate®
$--/sqft
$1,060 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: November 24, 2024 at 07:37pm
Listed by:
Tammy Carr 859-583-6461,
RE/MAX Elite Realty
Bought with:
Cynthia Trgo, 293567
Bluegrass Home Group
Michelle Gunter, 220002
Bluegrass Home Group
Source: Imagine MLS,MLS#: 23000209

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Ceiling, Electric
Cooling
- Electric, Window Unit(s)
Property
Lot
- Size: 0.92 Acres
Details
- Parcel number: D08015008
- Zoning description: RM-3
Construction
Type & style
- Home type: Apartment
- Property subtype: Apartment
Materials
- Roof: Shingle
Condition
- New construction: No
- Year built: 1976
Community & neighborhood
Location
- Region: Danville
- Subdivision: Downtown