412 Ridgewood Lane Frankfort, KY ^$ 385,000

412 Ridgewood Lane

^$ 385,000

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412 Ridgewood Lane

Frankfort, KY, 40601

^$ 385,000

Bedrooms8 Baths4.0

Monthly Estimate*

^$ 2,559

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Multi-Family Home for sale in Frankfort, KY

for $385,000 with 8 bedrooms and 4 full baths. This home was built in 1978.

Discover a wonderful 4-plex featuring spacious 2-bedroom units, perfect for expanding your investment portfolio. This property is attractively priced and boasts high rental demand, ensuring a steady stream of tenants. With excellent property management available, your investment will be hassle-free. Additionally, the neighboring building, offering another 4 units, is available for purchase at $385,000, providing a unique opportunity to double your rental income. Don't miss out on this exceptional investment!

Multi-Family Active

Price

^$ 385,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Apartments

Year Built

1978

Town/City

Frankfort

County/Region

Franklin

MLS | Web ID

24010280

Features

General

Possession Close Of Escrow

# of Buildings One

Subdivision Commercial

County Franklin

Tax Rate 1.2

Property Type F

Area 014 - Franklin County

Terms Sale

Status Active

Year Built 1978

Directions Frankfort on the left of Ridgewood on the corner

City Frankfort

Structure Type Apartments

Interior

Total Bedrooms 8

Total Baths 4.00

Half Baths 0

Full Baths 4

Stories Two

* Excluded Features

List By

Exp Realty, Llc

Broker

jennylynn.realestate@gmail.com

Affordability Calculator

$2,559

Per Month

Monthly Principal & Interest: $2,559
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Frankfort, KY

Average List Price ^$230,380

Percent of Sale Price 40%

About Frankfort, KY

28,237 Population

3% Since 2002

^$45,871 Median Income

38.14 Median Age

22% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

458656 Elementary School

458772 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/24/2024	$385,000		Listed Price

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412 Ridgewood Lane, Frankfort, KY, 40601 is a Multi-Family Home for sale at $385,000. 412 Ridgewood Lane has 8 bedrooms, 4.0 baths, and was built in 1978. The property's zip code is 40601 which is in Frankfort, KY

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of Bluegrass REALTORS.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Bluegrass REALTORS. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 6/22/2024.

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412 Ridgewood Lane

Multi-Family Home for sale in Frankfort, KY

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