Multi-Family Investment Opportunity in Audubon Park

Multi-Family for Sale
Sale Pending
Catylist Listing ID: 30437900
Property Subtypes: Low-Rise/Garden
Status: Pending
Number of Units: 8 Units
Building Size (RSF): 7,432 SF
Gross Land Area: 0.59 SF
Sale Price: $479,000
Unit Price: $59,875 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/1/2019

Overview / Comments

Charming 8-Plex in desirable Audubon Park; surrounding residential; brand new roof; lobby and hallways renovated in 2016; windows replaced in 2013; water heater replaced in 2013; boiler replaced in 2009; well maintained building.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 069500720040
Zoning: R-3 - Residential Single Family District
Percent Occupied: 88%
Property Located Between: Audubon Parkway and Wren Road
Site Description: Corner level lot with mature trees.
Total Number of Buildings: 1
Property Condition: Good
Number of Stories: 2
Year Built: 1920
Construction/Siding: Brick
Parking Type: Structure, Surface
Parking Description: Covered parking for each tenant with additional three open spaces.
Heat Type: Steam
Heat Source: Other
Fuel: Gas
Air Conditioning: Window Unit
Interior Description: Common areas were renovated in 2016.
Zoning Description: R-3
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,300 131,748 329,819
Median Age: 38.78 36.18 36.73
Households: 6,471 57,934 142,135
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