12.8 Cap Duplex

Multi-Family for Sale
Sale Pending/Contingent
Catylist Listing ID: 30811203
Property Subtypes: Duplex/Fourplex
Status: Pending/Contingent
Number of Units: 2 Units
Building Size (RSF): 3,252 SF
Gross Building Area: See Agent
Sale Price: $75,000
Unit Price: $37,500 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/26/2022

Overview / Comments

418 N. 26th. Annual Rent: $19,200

Part of a well maintained portfolio of 16 parcels with an NOI of $163,887.51 Many properties have been updated with long term tenants. Immediate opportunity to raise rents. Additionally, returning utility responsibility to the tenants could possibly increase NOI by a minimum of $52,000.

*Can be bundled with other properties on this list.

**Buyers may not approach properties, drive by only. Offers may be contingent upon viewing properties.**

Property Address';

2147 Duncan
2209 7th St Rd.
2215-2217 S 7th.
2761 S. 7th. St.
2763 7th. St.
2765 7th. St.
2801 7th. St.
2803 7th St
2805 7th. St.
2807 7th. St.
2809 7th. St.
2811 7th. St.
2607 W. Main St.
2831 Muhammad Ali
3825 Northwestern
418 N. 26th. St.

Also Available to purchase: 1245 S.7th. St. and 437 S. 32nd. St.

Link to Google Maps:
https://www.google.com/maps/d/edit?mid=1qyEZ0EV4ep6X56wEVnhHYHeLqL7eE_mD&usp=sharing

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 004G01190000
Zoning: U-N - Urban Neighborhood District

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,540 115,074 250,250
Median Age: 33.46 35.71 36.66
Households: 5,454 48,841 107,631
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