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About This Home
This 7-bedroom, 5-bathroom residential multi family at 514 Wapping Street in Frankfort, KY is listed for $497,000 ($100 per sqft). the home offers 4,984 sqft of living space on a 0.32 acres lot.
Rare opportunity to own a historic, income-producing property held by the same family for two generations. This well-maintained asset offers stunning river and downtown views from large windows on every level, along with a second-story balcony to fully enjoy the setting.
The property features four thoughtfully laid-out units: First floor: one 2 bed / 2 bath unit and one 2 bed / 1 bath unit Second floor: two 1 bed / 1 bath units The third floor, once used as living space, is currently utilized for storage but offers excellent potential to be converted into a fifth unit, capitalizing on some of the best views in the building.
Additional highlights include a private driveway for off-street parking and a spacious rear deck overlooking the beautiful Liberty Hall Gardens, providing a peaceful and scenic backdrop. This versatile property also presents the opportunity to be transformed into a stunning single-family residence. Lovingly cared for over decades, it offers both charm and confidence for its next owner-whether as an investment or a unique personal home.
Key Features
- 0.32 acre lot
- 3 stories
- 2 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$2,658/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
514 Wapping Street
Frankfort, KY 40601
Downtown
Property Details
Heating
Cooling
Questions & Answers
This 7-bedroom, 5-bathroom residential multi family at 514 Wapping Street is listed at $497,000 ($100/sqft). The estimated monthly payment is $2,154 based on 20% down at 6.5% interest.
Key features include: 0.32 acre lot, 3 stories, 2 parking spaces.
This property is listed by Taylor A Marshall and can be reached at 5023192344 or taylormarshallrealtor@gmail.com.