201-203 Campbell is a well-located 4-unit multifamily property in Frankfort with strong current cash flow and additional upside potential. Each unit features a large 1 bedroom, 1 bathroom layout with oversized living rooms that could potentially function as a second bedroom or flex space. Current rents total $3,425 per month with room to increase rents toward market rates. Property is conveniently located near downtown Frankfort and the Kentucky State Capitol area. Can also be packaged together with 506 Steele for investors looking to add multiple multifamily properties in one acquisition.
Listing courtesy of Lifstyl Real Estate.