$4,200,000

The options are endless with this centrally located investment opportunity! For sale are: 1300 Kentucky Street a standalone 4-plex building comprised of 2bed-1bath units and 1310-1314 Kentucky Street a combined 19-unit apartment building featuring 4-5br units, 2-3br units, 12-2br units, 1-1br unit, and a laundry room on site. 23 apartments overall between the properties totaling 59 bedrooms all to be sold together! Recent zoning changes have opened the door to potential remodel and addition options at the site: think an addition with more units, or combine apartments for more bedrooms, or just fix up this diamond in the rough for premium rental prices. There's even a path where building up with new construction could make sense with a driveway approach off Kentucky + alley access, fire hydrant on lot, and separate individual utility metering including 23 water meters. Impeccable location within walking distance to both campus and downtown, R4 heavy density zoning, an abundance of off-street parking, extremely low vacancy rate, and gleaming future development potential are all huge positives for this property package, inquire today!