Nine Unit Multifamily

Multi-Family for Sale
Catylist Listing ID: 30842954
Property Subtypes: Low-Rise/Garden
Number of Units: 9 Units
Building Size (RSF): 5,184 SF
Gross Building Area: See Agent
Sale Price: $742,500
Unit Price: $82,500 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/16/2023

Overview / Comments

This fully-leased property is located on Newburg Rd., just south of I-264. It has easy access to the interstate, GE Appliance Park, Downtown, and more. There are nine 1BR/1BA units, plus off street parking for approx. 15 vehicles, and more space at the rear of the building. Coin-op laundry is available at the lower level. Landlord pays for water and gas boiler heat. Tenants pay their own electric.

Highlights include:

> 9 1BR/1BA units
> Ample off-street parking
> On-site laundry
> Desirable, central location

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 087G01660000
Zoning: R-7 - Residential Multi-Family District

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,843 112,844 311,731
Median Age: 36.7 37.96 37.78
Households: 4,545 50,403 138,539
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