Catylist ID:
#30871671
| Catylist Listing ID: | 30871671 |
| Property Subtypes: | Mid-Rise |
| Number of Units: | 12 Units |
| Building Size (RSF): | 13,158 SF |
| Gross Building Area: | See Agent |
| Sale Price: | $1,100,000 |
| Unit Price: | $91,666.67 Per Unit |
| Property Use Type: | Investment |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 7/14/2024 |
Overview / Comments
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This rare multifamily opportunity is situated on a quiet walking court in Old Louisville. The property was built as an apartment building with 12 large units with a diverse mixture of 1, 2 and 3 BR units. A large, full lower level was formerly finished and could be converted to another unit for added value. The property is located on the south side of Old Louisville in close proximity to UofL. It has separate gas and electric meters with those utilities paid by the tenants. An investor will enjoy a high demand tenant base, as well as strong intrinsic value of the underlying real estate. >> 12 sizable units (10-2BR/1-3BR/ 1-1BR) >> Separate LG and E >> Additional unit potential in basement |
Attachments & Media
Additional Details
| Nearest MSA: | Louisville/Jefferson County |
| County: | Jefferson |
| Tax ID/APN: | 0000SROW0000|229 |
| Zoning: | TNZD - Traditional Neighborhood Zoning District |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 20,718 | 151,187 | 305,478 |
| Median Age: | 31.64 | 35.43 | 36.75 |
| Households: | 9,484 | 65,237 | 131,462 |
Contact
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