Catylist ID:
#30860761
| Catylist Listing ID: | 30860761 |
| Property Subtypes: | Low-Rise/Garden |
| Building Status: | Proposed |
| Number of Units: | 6 Units |
| Building Size (RSF): | 5,273 SF |
| Gross Building Area: | See Agent |
| Sale Price: | $305,000 |
| Unit Price: | $50,833.33 Per Unit |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 11/17/2023 |
Overview / Comments
|
Are you ready to capitalize on a fantastic investment opportunity in Louisville's historic Shawnee neighborhood? Welcome to 4219 W Broadway, a well-located six-plex with a promising future. This property offers six 2-bedroom, 1-bathroom units, and while it's in need of total rehabilitation, its prime location and potential for substantial rental income make it a standout opportunity. Property Highlights: Location: Situated less than a block from Shawnee Park and just around the corner from Chickasaw Park, this property enjoys an enviable location with easy access to green spaces and recreational amenities. Investor's Dream: With a projected rental income of $7,200 per month after rehabilitation, this property presents an excellent cash flow opportunity. Rehab Potential: The property is in need of a complete rehabilitation, allowing an investor to add significant value and create modern, attractive living spaces for tenants. Tax Credits: Savvy investors may benefit from Historical Tax Credits and Low-Income Housing Tax Credits, providing financial incentives to help offset the costs of rehabilitation. Don't miss the chance to be part of the revitalization of the Shawnee neighborhood while securing a solid investment for your portfolio. Contact us today to learn more about this exciting opportunity and start your journey towards a prosperous real estate investment. |
Additional Details
| Nearest MSA: | Louisville/Jefferson County |
| County: | Jefferson |
| Tax ID/APN: | 006E00020000 |
| Zoning: | R-7 - Residential Multi-Family District |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 15,901 | 85,129 | 216,991 |
| Median Age: | 37.14 | 35.21 | 36.06 |
| Households: | 6,247 | 33,442 | 90,857 |
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