New ListingDuplex Historic Investment Opportunity Bourbon Capital of the World 2,678 SQFT| 5 bedrooms | 2 full baths | 3 BR/1 BA + 2 BR/1 BA Bring your vision to 828 Shelby St in Frankfort, Kentucky - the Bourbon Capital of the World! This historic duplex offers 2,678 square feet with two separate living areas. One side features 3 bedrooms and 1 full bath, while the other offers 2 bedrooms and 1 full bath. This property needs TLC and is ready for someone with vision to bring it back to life. Whether you're an investor, renovator, contractor, or buyer looking for a unique project, this property offers an exciting opportunity to create value while restoring a piece of Frankfort's historic character. The duplex configuration provides flexibility for a variety of investment strategies, including long-term rental, owner-occupied living with rental income from the other side, or potentially furnished or short-term rental use, subject to local regulations and approvals. The property's historic character also makes it worth exploring potential historic tax credit opportunities, subject to eligibility and approval by the appropriate agencies. Located in the Bourbon Capital of the World, this property offers an opportunity to take advantage of Frankfort's rich history, bourbon heritage, and tourism appeal. Imagine transforming this diamond in the rough into a beautifully restored duplex, income-producing investment, or bourbon-inspired short-term rental destination. Duplex 2,678 SQFT 5 bedrooms 2 baths Historic property Needs TLC Bring your vision Investment opportunity Potential historic tax credit project Bourbon Capital of the World. The possibilities are limited only by your imagination. Bring your vision and make this historic Frankfort property your next project!
| MLS # | 26027368 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 9999 |
| Days On Site | 3 |
| Listing Provided By | RO&CO Real Estate | Nathan Dailey |
| Bed(s) | 5 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 2,678 |
| Zoning | R |
| Acreage | 0.30 |
| Cooling | Electric |
|---|---|
| Heating | Natural Gas |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Roof | Shingle |
|---|
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | On Street, On Site, Open |
| State | KY |
|---|---|
| County | Franklin |
| City | Frankfort |
| Zip Code | 40601 |
| Area | 014 Franklin County |
| Subarea | Franklin County |
| School District | Frankfort Independent |
| Elementary School | Second St |
| High School | Frankfort |
| Listing VS Median (in 40601) | |
Price: $349,900 low | high Med: $299,450 sqft: 2,678 low | high Med: 2,205 $ / sqft: $131 low | high Med: $136 On site: 3 low | high Med: 24 | |
| State | KY |
|---|---|
| County | Franklin |
| City | Frankfort |
| Zip Code | 40601 |
| Area | 014 Franklin County |
| Subarea | Franklin County |
| School District | Frankfort Independent |
| Elementary School | Second St |
| High School | Frankfort |
| Listing VS Median (in 40601) | |
Price: $349,900 low | high Med: $299,450 sqft: 2,678 low | high Med: 2,205 $ / sqft: $131 low | high Med: $136 On site: 3 low | high Med: 24 | |