Large 4plex on Frankfort Ave

Multi-Family for Sale
Sale Pending/Contingent
Catylist Listing ID: 30640587
Property Subtypes: Duplex/Fourplex
Status: Pending/Contingent
Number of Units: 4 Units
Building Size (RSF): 5,444 SF
Gross Building Area: 8,166 SF
Gross Land Area: 0.17 Acres
Sale Price: $850,000
Unit Price: $212,500 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/21/2020

Overview / Comments

Rare opportunity to purchase a large 4plex in excellent condition at the corner of Frankfort Ave & Crescent Ct.
3 dedicated apartments plus a 1st floor space that could be used for office or as an apartment. These huge 3 bed/1 bath units are fully updated cosmetically, new wiring throughout, new roof, new landscaping, new windows in all the sun porches & at the rear, and bonus storage/laundry area in the basement.
Above grade: 5,444 Sq. Ft.
Basement: 2,722 Sq. Ft.

Unit A: renovations almost complete- should rent for $1,550 - $1,650/mo + $25/mo for water
Unit B: $1,350/mo + $25/mo for water
Unit C: $1,250/mo
Unit D: $1,250/mo + $25/mo for water

Please call with any questions!

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 071G00640000
Zoning: OR-1 - Office/Residential District
Property Condition: Excellent
Number of Stories: 2
Year Built: 1920
Year Renovated: 2019
Construction/Siding: Brick
Parking Type: Surface
Laundry: Shared

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,115 110,752 288,324
Median Age: 40.68 40.28 39
Households: 6,510 52,284 130,116

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