Catylist ID:
#30837013
10 door Single family investment portfolio
Multi-Family
for Sale
| Catylist Listing ID: | 30837013 |
| Property Subtypes: | Low-Rise/Garden |
| Number of Units: | 11 Units |
| Building Size (RSF): | 9,293 SF |
| Gross Building Area: | See Agent |
| Sale Price: | $774,900 |
| Unit Price: | $70,445.45 Per Unit |
| In Opportunity Zone? | Yes |
| Property Use Type: | Investment |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 5/30/2023 |
Overview / Comments
|
This would be a great addition to any investors portfolio. Portfolio consists of 10 total doors, 9 houses. 6 are leased Section 8! The package includes: 1738 St Louis Ave 40210 2bd 1ba Section 8 810 S. 37th St Unit 1 40211 3bd 1 ba 810 S. 37th St Unit 2 40211 2bd 1ba 660 S. 26th St 40211 3bd 1ba Section 8 1700 Hale Ave Unit 1 40210 (vacant) 3bd 1ba 1700 Hale Ave Unit 2 40210 2bd 1ba Section 8 1707 Hale Ave 40210 3bd 1ba Section 8 1723 1/2 Hale Ave 40210 2bd 1ba 1792 W. Gaulbert Ave 40210 has signed contract awaiting Section 8 inspection. 2bd 1ba 1794 W. Gaulbert Ave 40210 3bd 1ba Section 8 Combined monthly rental income with 2 vacancies is $6697.00. With all units rented it is an exceptional $8297.00 per month with room for increases upon lease expirations. The two vacant units can be easily shown. The remainder can be shown once an agreement in principle has been reached as not to disturb the current tenants. Six of the units are section 8 and the two vacancies are being actively marketed to be filled by quality tenants. |
Additional Details
| Nearest MSA: | Louisville/Jefferson County |
| County: | Jefferson |
| Taxing Authority: | Louisville Metro |
| Tax ID/APN: | 039C00130000 |
| Zoning: | R-1 - Residential Single Family District |
| Percent Occupied: | 80% |
| Property Condition: | Good |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 17,281 | 144,176 | 282,862 |
| Median Age: | 35.18 | 35.19 | 36.29 |
| Households: | 6,803 | 60,239 | 121,126 |
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