255 Centennial Drive, Frankfort, KY 40601
$950,000
Property Type:
Residential Income
Bedrooms:
24
Baths:
24
Square Footage:
11,400
Lot Size (sq. ft.):
38,333
Status:
Closed
Current Price:
$950,000
List Date:
5/08/2023
Last Modified:
8/29/2025
Overview
Description
Listing Details MLS# 23008323
Listing Information
- Comp Sale YN
- No
- Property Sub Type
- Quadruplex
Status Change Information
- Price Change Timestamp
- 2023-06-28T16:15:02Z
- Status Change Timestamp
- 2023-08-29
- Purchase Contract Date
- 2023-08-04
- Close Date
- 2023-08-29
- Close Price
- 950000
- Buyer Financing
- Other
- Sale Type
- Arms Length Sale
- Concessions Comments
- seller financing
Address
- County
- Franklin
- Street Number
- 255
- Street Name
- Centennial
- Street Suffix
- Drive
- State
- KY
- Zip Code
- 40601
- Directions
- Schenkel Lane to Centennial to the end of the street on the left.
- Parcel Number
- 074-30-07-034.00
Contract
- Original List Price
- 1150000
- Start Showing Date
- 2023-05-08
- Listing Contract Date
- 2023-05-08
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Tenant
- Office Exclusive YN
- No
- List Price/Acre
- 1193181.82
- List Price/SqFt
- 92.11
- Sold Price/Acre
- 1079545.45
- Sold Price/SqFt
- 83.33
- SP/LP
- 0.9
Tax Legal
- MLS Area Major
- 014 - Franklin County
- Subdivision Name
- Landings
Interior
- Bedrooms Total
- 24
- Bathrooms Total
- 24
- Bathrooms Full
- 24
- Living Area
- 11400
- Bathrooms Half
- 0
More Information
Parking Information
- Parking Total
- 20
Building
- Year Built
- 1986
- Stories Total
- 2
Lot
- Lot Size Acres
- 0.88
- Lot Size Square Feet
- 38333
- Lot Size Dimensions
- 37.19 x 221.69 x 209.8 x 100 x 262.09
- Road Frontage Feet
- 37
Utilities
- Cooling YN
- Yes
- Heating YN
- Yes
- Electricity Connected
- Yes
- Sewer Connected
- Yes
- Water Connected
- Yes
Remarks
- Public Remarks
- (12) 2 bedroom, 2 full bath units in three buildings on one lot. Potential gross income up to 122,400* per year. Nice lot at end of street with most decks overlooking woods. Two units have a garage perfect for maintenance storage or additional rental income, not included in PGI above.
Building and Property Details
- Building Expansion Potential YN
- No
- Age of Roof
- 3
- Common Area SqFt
- 600
- Storage SqFt
- 1200
Unit Details
- Number Of Units Vacant
- Yes
Showing Information
- Showing Instructions
- Call/text David Dean for showing instructions. 502.545.0654
Tax & Legal
- Elementary School
- Elkhorn Elem
- Middle Or Junior School
- Elkhorn Middle
- High School
- Franklin Co
- Zoning Description
- RL
Association/Community
- Number Of Buildings
- 3
- Number Of Units Total
- 12
Cooling
- Electric
- Yes
Heating
- Heat Pump
- Yes
Possession
- Subject To Tenant Rights
- Yes
Roof
- Composition
- Yes
Special Listing Conditions
- Standard
- Yes
Structure Type
- Quadruplex
- Yes
Documents
- Sellers Disclosure Of Property Condition
- Yes
Property Features
Utilities:
Electricity Connected; Sewer Connected; Water Connected; Electricity Connected; Sewer Connected; Water Connected
Cooling:
Electric
Heating:
Heat Pump
Possession:
Subject To Tenant Rights
Roof:
Composition
Special Listing Conditions:
Standard
Structure Type:
Quadruplex
Documents:
Sellers Disclosure Of Property Condition
Listing Office:
Bluegrass Realty & Investments
Last Updated: August - 29 - 2025
Information deemed reliable but not guaranteed.