1429 Nightingale Rd - 4 Plex

Multi-Family for Sale
Sale Pending/Contingent
Catylist Listing ID: 30749860
Property Subtypes: Duplex/Fourplex
Status: Pending/Contingent
Number of Units: 4 Units
Building Size (RSF): 3,068 SF
Gross Building Area: See Agent
Sale Price: $325,000
Unit Price: $81,250 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Auction Type: Disclosed Reserve
Cap Rate: Undisclosed
Last Updated: 10/6/2021

Overview / Comments

Fully occupied and recently updated brick four-plex investment properties now available. All units are 2BR/1BA with large living rooms and dining areas, and have been updated within the last five years including appliances, salvaged hardwood and/or 30-year vinyl plank flooring, paint, replacement windows throughout (2015), central heat and air units (2015) (formerly there was no air conditioning), and roof replaced with 6-in gutters and gutter guards added (2015). Each building has accessible and spacious basements with individual storage units for tenants. Coin laundry in each basement adds additional income for owner, and convenience to tenants. Separately metered with tenants paying their own LG&E. Owner pays water. Off-street parking available right in front of the building, with a shared walkway to access the two buildings which face one another. Convenient location close to Poplar Level Rd, bus lines, grocery, shopping, dining, parks, and more.

$2,750/month—room to increase rent over time based on local market rent.

Do not under any circumstances enter property common areas or disturb tenants outside of the marketed Open House time.

Photos shown are from unit prior to being rented.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 084D02100000
Zoning: R-7 - Residential Multi-Family District
Percent Occupied: 100%
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1960
Year Renovated: 2015
Construction/Siding: Brick
Parking Type: Surface
Laundry: Shared
Heat Source: Central
Air Conditioning: Package Unit
Zoning Description: R-7

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,395 127,492 324,825
Median Age: 39.21 36.51 36.9
Households: 6,090 57,631 141,834

Contact

Photograph of Listing Agent

Julie Bex

RE/MAX 100 KCREA Member
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