6plex Opportunity in 40214!
Multi-Family
for Sale
Sale Pending/Contingent
| Catylist Listing ID: |
30871736 |
| Status: |
Pending/Contingent |
| Number of Units: |
6 Units |
| Building Size (RSF): |
4,600 SF |
| Gross Building Area: |
5,250 SF |
| Gross Land Area: |
0.30 - 0.35 Acres
|
| Sale Price: |
$355,000 |
| Unit Price: |
$59,166.67 Per Unit |
| Property Use Type: |
Investment |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Average Occupancy Rate: |
100 |
| Last Updated: |
5/1/2024 |
Overview / Comments
|
Don't miss this excellent opportunity for a 6plex just off St Anthony Church Rd and a short skip from the Southwest YMCA. Upper floors have 2 bedroom/1 bath units. Basement has one 2/1 unit as well as a 1/1 unit (could used for property manager). Fully Rented with 5 of the 6 units as month-to-month. Plenty of room for rent improvements. There is a laundry room on basement level but the water usage is billed to Apartment 1 (1 bedroom unit). It makes sense that this may have been a managers unit previously. Currently, only Apt 1 has laundry access. Each unit pays their own water and electric. This property has been self-managed for many years. Do not disturb tenants. Will not be shown until contract has been ratified.
|
Financials
| Finance Data Year |
2024 |
| Real Estate Taxes - Annual($) |
$3,313 (Annual) |
| Tax Value Land |
$36,000 |
| Tax Value Improvements |
$240,560 |
| Assessed Value - Total($) |
$276,560 (Annual) |
Additional Details
| Nearest MSA: |
Louisville/Jefferson County |
| County: |
Jefferson |
| Tax ID/APN: |
144400110000 |
| Zoning: |
R-6 - Residential Multi-Family District |
| Percent Occupied: |
100% |
| Property Located Between: |
The Southwest YMCA and St Anthony Rd |
| Area Description: |
Rental rich area with lots of apartments and condominiums. Close to schools and not far from parks and shopping. |
| Total Number of Buildings: |
1 |
| Property Condition: |
Fair |
| Number of Stories: |
3 |
| Year Built: |
1973 |
| Construction/Siding: |
Brick |
| Parking Type: |
Surface |
| Parking Description: |
Large parking lot in rear |
| Sprinklers: |
None |
| Heat Type: |
Natural Gas |
| Heat Source: |
Central |
| In Flood Plain?: |
Yes |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Easements: |
Utilities |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
6,375 |
105,266 |
199,896 |
| Median Age: |
37.41 |
38.19 |
37.19 |
| Households: |
2,564 |
42,759 |
80,496 |
|
© Copyright 2024 Moody's. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither Kentucky Commercial Real Estate Alliance nor
Moody's assume any liability for errors or omissions.
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