Investment Opportunity Awaits
Multi-Family
for Sale
Sale Pending
| Catylist Listing ID: |
30705428 |
| Status: |
Pending |
| Number of Units: |
2 Units |
| Building Size (RSF): |
3,984 SF |
| Gross Building Area: |
See Agent |
| Sale Price: |
$49,900 |
| Unit Price: |
$24,950 Per Unit |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Investment |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
2/14/2021 |
Overview / Comments
Owners have used this two story building as a Club and separate 2nd floor living quarters. The first floor is currently set up with a wet bar, 3 rest rooms, kitchen, open dance floor space plus two additional open spaces. The second floor was previously used as a 3 bedroom apartment with 2 baths. (current use is storage) This is building is priced to sale. The list price is lower than its current tax assessment.. The owners are extremely motivated and want to see your reasonable offer. Per the appraiser C1 is the zoning, in the National Register Historic District of Russell. and the traditional neighborhood is in an enterprise zone which offers tax incentives, It offers a variety of commercial, multi-family, mixed-use, predominantly modest residential, special purpose and older historic properties and some newer homes have been constructed in the area. Call today to schedule your personal showing and submit your REASONABLE OFFER!!. **BUYER TO VERIFY ALL UTILITIES, MECHANICS, NATIONAL REGISTER HISTORIC DISTRICT OF RUSSELL, ENTERPRISE ZONE, AND SQFT**
|
Additional Details
| Nearest MSA: |
Louisville/Jefferson County |
| County: |
Jefferson |
| Tax ID/APN: |
002K00590000 |
| Zoning: |
C-1 - Commercial District |
| Property Located Between: |
W. Muhammad Ali and Chestnut Streets |
| Area Description: |
BUILDING SITS IN THE MIDDLE OF THE UP AND COMING RUSSELL DEVELOPMENT |
| Property Condition: |
Poor |
| Number of Stories: |
2 |
| Year Built: |
1880 |
| Roof Type: |
Other |
| Construction/Siding: |
Brick/Vinyl Siding, Brick/Aluminum Siding, Wood Frame |
| Sprinklers: |
None |
| Legal Description: |
DEED BOOK 5078, DEED PAGE 0958, PARCEL # 002K00590000 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
20,549 |
126,955 |
275,655 |
| Median Age: |
31.59 |
35.24 |
36.52 |
| Households: |
7,897 |
53,467 |
118,594 |
|
© Copyright 2001-2020 Catylist. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither Kentucky Commercial Real Estate Alliance nor
Catylist Real Estate Software, Inc. assume any liability for errors or omissions.
|
