Updated 8-Plex, Turn-Key, Low Maintenance

Multi-Family for Sale
Catylist Listing ID: 30139344
Number of Units: 8 Units
Building Size (RSF): 6,580 SF
Gross Building Area: See Agent
Sale Price: $575,000
Unit Price: $71,875 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/14/2017

Overview / Comments

Great turn-key investment. Total renovation Spring of '15! New cabinets with crown molding. 18X18 porcelain flooring in E/I kitchen, laundry and bath. GE smooth-top self-cleaning ranges, GE refrigerators with ice makers, ceiling fans and lots of closet space. Located close to airport and large employers (UPS, Amazon). Great curb appeal and low maintenance. Tenant pays own personal electric. Landlord pays water and trash. Rents are strong, but area trending higher still. All units are 2 bed/one bath. Strong cap rate with minimal involvement.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 203500170001
Zoning: R-7 - Residential Multi-Family District

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,268 56,895 141,828
Median Age: 33.98 37.17 37.63
Households: 2,374 21,652 55,377

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