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$ 389,000
Est. payment | /mo
4,356 SqFt
$ 389,000
Est. payment | /mo
4,356 SqFt
Key Details
Property Type Multi-Family
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 4,356 sqft
Price per Sqft $89
MLS Listing ID 1700751
HOA Y/N No
Abv Grd Liv Area 2,904
Year Built 1982
Property Sub-Type Apartment
Source APEX MLS (Greater Louisville Association of REALTORS®)
Land Area 2904
Property Description
Located in the desirable Beechmont/Wilder Park area , this property is minutes from U of L, the airport, I264 and Downtown, and situated in an established neighborhood of single family homes. The large lot is on a high visibility corner, and includes five 1BR/1BA units, off street parking, shared backyard space, plus a four car garage.
The units are large, and each is separately metered for LG&E, with its own HVAC system. They all include refinished hardwood or LVP flooring, solid surface countertops, tile bathrooms, and new cabinets. Shared laundry is available. The seller has made significant capital improvements to the property, including:
> Full unit turns including new countertops, updated kitchens/bathrooms, finished flooring
> New windows > New hot water heater
> Two new furnaces
> Landscaping improvements
> Gutter/downspout repairs
> Roof repairs
This is a great opportunity for an entry-level multifamily investment in a desirable location. Value can be created through bringing all rents to market value, streamlining expenses, renting the garages, and more.
The units are large, and each is separately metered for LG&E, with its own HVAC system. They all include refinished hardwood or LVP flooring, solid surface countertops, tile bathrooms, and new cabinets. Shared laundry is available. The seller has made significant capital improvements to the property, including:
> Full unit turns including new countertops, updated kitchens/bathrooms, finished flooring
> New windows > New hot water heater
> Two new furnaces
> Landscaping improvements
> Gutter/downspout repairs
> Roof repairs
This is a great opportunity for an entry-level multifamily investment in a desirable location. Value can be created through bringing all rents to market value, streamlining expenses, renting the garages, and more.
Location
State KY
County Jefferson
Direction Corner of 2nd and Florence
Interior
Heating Forced Air
Exterior
Exterior Feature None
Garage Spaces 4.0
View Y/N No
Roof Type Shingle
Garage Yes
Building
Structure Type Brick
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