Log In/Sign Up
Your email has been sent.
85 N Main St 10 Unit Apartment Building $499,900 ($49,990/Unit) Walton, KY 41094
EXECUTIVE SUMMARY
Discover an excellent investment opportunity in the heart of Walton, Kentucky! This 10-unit multifamily property, featuring a mix of 7 two-bedroom and 3 one-bedroom apartments, is perfectly positioned on N Main Street. Structurally sound with plenty of parking! Residents will enjoy easy access to local amenities, schools, and the highway. This building has a rich history in the city of Walton, as it was formerly the Walton School, serving the Walton Independent School District! New meters, valves, and shut off were replaced in 2024. The gas line has also been replaced to the street.
This property presents a significant value-add opportunity. Currently, the building has been fully gutted, offering a blank canvas for a visionary investor to redesign it how they envision. With 14-foot ceilings, there's potential to create unique and desirable living spaces, and a few units could possibly be converted into 3-bedroom units. With generous lot dimensions and flexible redevelopment potential, the site is ideal for investors seeking value-add multifamily, mixed-use possibilities, or a full-scale reimagining.
Seize the opportunity to transform this property into a highly desirable multifamily community and unlock its full investment potential!
This property presents a significant value-add opportunity. Currently, the building has been fully gutted, offering a blank canvas for a visionary investor to redesign it how they envision. With 14-foot ceilings, there's potential to create unique and desirable living spaces, and a few units could possibly be converted into 3-bedroom units. With generous lot dimensions and flexible redevelopment potential, the site is ideal for investors seeking value-add multifamily, mixed-use possibilities, or a full-scale reimagining.
Seize the opportunity to transform this property into a highly desirable multifamily community and unlock its full investment potential!
PROPERTY FACTS
| Price | $499,900 | Apartment Style | Low-Rise |
| Price Per Unit | $49,990 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.93 AC |
| Sale Condition | High Vacancy Property | Building Size | 12,180 SF |
| No. Units | 10 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1970 |
| Property Subtype | Apartment | ||
| Zoning | WD | ||
| Price | $499,900 |
| Price Per Unit | $49,990 |
| Sale Type | Investment |
| Sale Condition | High Vacancy Property |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.93 AC |
| Building Size | 12,180 SF |
| No. Stories | 2 |
| Year Built | 1970 |
| Zoning | WD |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Ceiling Fans
- Refrigerator
- Tub/Shower
- Freezer
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 7 | - | - |
| 3+1 | 3 | - | - |
1 1
PROPERTY TAXES
| Parcel Number | 078.01-12-008.00 | Improvements Assessment | $200,000 |
| Land Assessment | $50,000 | Total Assessment | $250,000 |
PROPERTY TAXES
Parcel Number
078.01-12-008.00
Land Assessment
$50,000
Improvements Assessment
$200,000
Total Assessment
$250,000
1 of 33
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Paragon Realty Partners
85 N Main St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.