Listed By
Agency Name: Paragon Realty Partners
Agency Phone: 513-515-2116
Shown By
Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575
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Property Description
Discover an exceptional 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, theres 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 Features
Property Type: Multi Unit - Multiple
Basement: Full
Basement: Yes
Cooling: Central Air
Days on Market: 64
Heating: Natural Gas
Lot Size: 0.92 Acres
Roof Type: Shingle
Stories: 2.0
Feature Descriptions
Appliances: See Remarks
Exterior: Brick
Foundation: Block, Stone
Lot Dimensions: irreg, of record
Parcel Number: 078.01-12-008.00
Parking: Parking Lot
Property Condition: Existing Structure
Sewer: Public Sewer
Sub Type: Apartment
Units: 10
Utilities: Natural Gas Available, Water Available
Water: Public
Window: Other
Local Schools
High School: Walton-Verona High
Middle School: Walton-Verona Middle
Elementary School: Walton-Verona Elementary
School District: Walton Verona Indep
Estimate Your Payment
Estimated Payment
$ 2,321.63 per month $2,190.67 Principal & Interest $0.00 Property Tax (data not provided by mls) $130.96 Homeowner's InsuranceChange Payment Information
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85 N Main Street | MLS# 638970
This multi-family property located at 85 N Main Street, Walton, KY 41094 is currently listed for sale with an asking price of $449,000. N Main Street is located within the Walton Verona Indep school district. Search Walton real estate on www.cutlerhomes.com today.