Single Family Rental portfolio

Multi-Family for Sale
Catylist Listing ID: 30740686
Number of Units: 7 Units
Building Size (RSF): 8,735 SF
Gross Building Area: See Agent
Sale Price: $775,000
Unit Price: $110,714.29 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: 8.5%
Last Updated: 8/4/2021

Overview / Comments

Portfolio of 7 single family residential homes, all currently rented. Well maintained with updates. These Properties are being offered for sale as a package. $81,600 total yearly rent.

1.) 4133 S. 5th St. 4 BR/1 Bath/basement. (40214)
2.) 901 Dresden Ave. 4 BR/2 BA (40215)
3.) 501 Denmark St. 4 BR/2.5 BA (40215)
4.) 3655 Kahlert Ave. 2 BR/1 BA, Basement, 2 Car Garage (40215)
5.) 3701 Lentz Ave. 3 BR/1 BA, Basement, 2 Car Garage (40215)
6.) 613 Evelyn Ave. 3 BR/ 1.5 BA, Basement, 1 Car Garage (40215)
7.) 3664 Powell Ave. 3 BR/2 BA, Basement, 1 Car Garage (40215)

No signs, do not approach properties without appointment, LOI and proof of funds to be provided before appointments are set.
Sq ft on listing is approx for the total 7 properties.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Taxing Authority: Jefferson County
Tax ID/APN: 097300270000
Zoning: R-5A - Residential Multi-Family District
Highway Access: All are close to Watterson Expressway either off Southern Parkway or Taylor Blvd.
Area Description: 6 properties are 40215 zip code and 5th St is 40214.
Total Number of Buildings: 7
Property Condition: Good
Exterior Description: Central air in all 7 properties with city water and sewer.
Heat Type: Natural Gas
Air Conditioning: Other

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 21,061 132,443 307,960
Median Age: 34.79 36 36.76
Households: 8,626 56,920 131,297


Photograph of Listing Agent

John M Pfannenschmidt

John Pfannenschmidt REALTORS KCREA Member
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