Opportunity is knocking! This spacious 3-unit property offers just under 3,000 sq ft and sits on a rare double lot, presenting incredible potential for investors or owner-occupants looking to build equity. The first-floor unit has been completely renovated and features 3 bedrooms, 1 full bath, an eat-in kitchen, formal dining room, and in-unit laundry. Currently rented for $1,200/month, it provides immediate income from day one.
The second-floor 3-bedroom, 1-bath unit and third-floor 2-bedroom, 1-bath unit are blank slates ready for renovation and customization to maximize rental income. A full basement with Bilco doors offers excellent storage space and easy access to utilities.
Outside, the property features ample off-street parking, a rear patio, and a detached 2-car garage. With strong upside potential and plenty of space, this is your chance to transform a value-add property into a true income-producing powerhouse. Don’t miss this exceptional investment opportunity! Make sure to check out the 3D tour!
Features
8 bedrooms
3 bathrooms
directions_car2 carspaces
directions_car2 garage spaces
2972 sq. ft. floor area
crop_free15000 sq. ft. lot size
cottageMulti-Family
Happy sellers in Frankfort
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Local market activity for 8 bedroom multi families in Frankfort
Sold
For Sale
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