Seven Adjacent Townhome Style Apartments for Sale

Multi-Family for Sale
Catylist Listing ID: 30789865
Property Subtypes: Low-Rise/Garden
Number of Units: 7 Units
Building Size (RSF): 6,048 SF
Gross Building Area: See Agent
Sale Price: $499,000
Unit Price: $71,285.71 Per Unit
In Opportunity Zone? Yes
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/8/2022

Overview / Comments

This property includes seven large townhome-style units in the Portland neighborhood at the corner of 31st. and Bank Streets. Each two-level 2BR/1BA unit comes with a washer/dryer hookup and is separately metered for both LGE and water/sewer. The seller has made many recent improvements including:

> New siding and exterior repairs
> Roof repair
> New windows
> HVAC updates
> Unit turns

Total current rents are $4,783, with three tenants receiving Section 8 assistance. Total market rents are estimated at $5,075. Please contact the agent for additional financial information.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 004A00010000
Zoning: U-N - Urban Neighborhood District

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,428 104,418 238,084
Median Age: 35.78 36.35 36.73
Households: 5,275 43,788 102,065
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