Description
Priced to sell! Great opportunity to buy a cash flowing 5 unit building in a booming area near Downtown Louisville. Property is 100% occupied with total rents = $3,825/mth. Current ownership has invested heavily into this sturdy brick building - notably renovating 4 of 5 units, new roof, and upgrading HVAC to electric mini-split systems in each unit. The building is made up of three 1bd units & 2 studio units. All 5 units have efficient layouts and rent easily. New owners can explore converting the cleared backyard yard into off-street parking w/ alley access, adding laundry to basement, and more. Market rents continue to climb in this area. Ask agent for Rentometer reports and make us an offer!
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0BEDS
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0.15ACRES
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0BATHS
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01/2 BATHS
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3,250SQFT
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$118$/SQFT
School Ratings & Info
Description
Priced to sell! Great opportunity to buy a cash flowing 5 unit building in a booming area near Downtown Louisville. Property is 100% occupied with total rents = $3,825/mth. Current ownership has invested heavily into this sturdy brick building - notably renovating 4 of 5 units, new roof, and upgrading HVAC to electric mini-split systems in each unit. The building is made up of three 1bd units & 2 studio units. All 5 units have efficient layouts and rent easily. New owners can explore converting the cleared backyard yard into off-street parking w/ alley access, adding laundry to basement, and more. Market rents continue to climb in this area. Ask agent for Rentometer reports and make us an offer!
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Listing provided courtesy of United Real Estate Louisville: (502) 509-4498.
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