4-Plex and Rental Home

Multi-Family for Sale
Catylist Listing ID: 28639571
Property Subtypes: Duplex/Fourplex
Number of Units: 5 Units
Building Size (RSF): 4,600 SF
Gross Building Area: See Agent
Sale Price: $260,000
Unit Price: $52,000 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/22/2017

Overview / Comments

Fully rented 4-plex for sale with additional house (also rented) and property included. Excellent rental property. All utilities metered separately. Would like to sell together but would consider dividing the two properties. 4-Plex is all brick with aluminum soffit built in 1997. Each unit has 2 bedrooms, one bath, and is ~900 sq ft. Ranges, Refrigerators, and Dishwashers will remain. Each unit rents for $475

The home on the property has 3 bedrooms (you must walk through one to get to another), 1 bath, new windows, new indoor and outdoor central air units, and a storage shed. Rents for $675. The property also has potential for another 4-plex to be built on it.

4-Plex can be purchased alone for $205,000

Additional Details

Nearest MSA: Louisville-Jefferson County
County: Bullitt
Zoning: R3 - Multi-Family Residential, Lower Density
Percent Occupied: 100%
Road Type: Paved
Total Number of Buildings: 2
Property Condition: Good
Year Built: 1997
Construction/Siding: Brick/Aluminum Siding
Parking Type: Surface
Parking Description: Gravel
Laundry: In Each Unit
Heat Type: Electricity

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,673 1,673 7,107
Median Age: 39.76 39.76 42.82
Households: 663 663 2,709

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