Triplex or Commercial Redevelopment on Bank St

Multi-Family for Sale
Catylist Listing ID: 30802065
Property Subtypes: Duplex/Fourplex, Mixed Use
Number of Units: 3 Units
Building Size (RSF): 2,876 SF
Gross Building Area: See Agent
Gross Land Area: 0.08 Acres
Sale Price: $130,000
Unit Price: $43,333.33 Per Unit
In Opportunity Zone? Yes
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/2/2022

Overview / Comments

Triplex or commercial redevelopment on Bank St with Landbank properties available nearby.

First floor has two units divided by an interior stairwell. The first unit has access from the main door and side door; it has a half bath. Second unit has access from the side door and rear door; it has a full bath.

Second floor is one unit with two access doors off of the interior stairwell. It has a kitchen, living room, two bedrooms, and a full bath.

Best use of the property would be to use the front, downstairs unit for commercial, use the back, downstairs unit as residential or storage for commercial space. Second floor best use is residential. Properties nearby could be purchased to expand parking to commercial space.

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Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 004K01010000
Zoning: C-1 - Commercial District
Number of Stories: 2
Year Built: 1905
Construction/Siding: Wood Siding

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,006 124,462 267,896
Median Age: 31.84 35.38 36.55
Households: 6,095 52,588 115,461

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