Parking Information

Parking Total

20

Building

Year Built

1976

Stories Total

2

Lot

Lot Size Acres

0.92

Lot Size Square Feet

40075

Utilities

Cooling YN

Yes

Heating YN

Yes

Remarks

Public Remarks

Fantastic opportunity to own almost an acre in the downtown Danville area by Historic Constitution Square. Bonus: 2 apartment buildings with 16 rentable units and basement space that could be finished into some type of usable space. Walking distance to Main Street, restaurants, shops, banks, etc...AND Centre College.Recent updates include new flooring, paint in both hallways in each building. New front doors on each building. New front concrete steps and porch on 125. New back concrete sidewalk and ramp on 125. New back concrete ramp and sidewalk at 135. Cut down approximately 15 trees opening up the property and cleaned out the entire fence row behind both buildings. Hauled in dirt and leveled the back area of both buildings. In the past 5 months approximately 5 units have been updated with new carpet, paint. Non paying tenants have been moved out and rent has been adjusted to current market rent as leases expire and as new tenants come in. Each apartment is 2 bedroom/1 bath and rent is being adjusted at lease renewals and as new tenants arrive to $750-$850.

Showing Information

Showing Instructions

Empty units can be shown with a few hours notice. Occupied units will require 48 hours notice with no showings on weekends unless special arrangements made.

Tax & Legal

Tax Rate

14.9

Zoning Description

RM-3

Association/Community

Number Of Buildings

2

Number Of Units Total

16

Property Features