8 Plex-"Old Louisville"
Multi-Family
for Sale
Catylist Listing ID: |
30827997 |
Property Subtypes: |
Duplex/Fourplex, Student Housing
|
Number of Units: |
8 Units |
Building Size (RSF): |
3,073 SF |
Gross Building Area: |
See Agent |
Sale Price: |
$447,500 |
Unit Price: |
$55,937.50 Per Unit |
In Opportunity Zone? |
Yes |
Property Use Type: |
Investment |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
1/30/2023 |
Overview / Comments
This property is located in "OLD LOUISVILLE"!!! The location is just perfect, 1 block from the University of Louisville and Cardinal Towne. A short distance to Churchill Downs, I-65 and the airport. Some of the units have been updated and some are in the process of renovation. Owner is selling the property "as is" but inspections are welcome. All appliances remain with units. Perfect units for University of Louisville students. This is a solid investment to add to your real estate portfolio.
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Additional Details
Nearest MSA: |
Louisville/Jefferson County |
County: |
Jefferson |
Taxing Authority: |
City of Louisville |
Tax ID/APN: |
034B00280000 |
Zoning: |
TNZD - Traditional Neighborhood Zoning District |
Percent Occupied: |
70% |
Property Located Between: |
Lee Street & W. Bloom |
Airports: |
Louisville Mohammad Ali International Airport (SDF) |
Area Description: |
Great area in Old Louisville near Cardinal Towne and the University of Louisville. |
Total Number of Buildings: |
1 |
Property Condition: |
Good |
Number of Stories: |
3 |
Year Built: |
1900 |
Construction/Siding: |
Brick |
Exterior Description: |
All Brick with covered front porch. |
Parking Type: |
Other |
Sprinklers: |
None |
Heat Type: |
Other |
Interior Description: |
Some of the units have been updated recently. |
Zoning Description: |
Traditional Neighborhood Zoning District!! Please see attached map. |
Water Service: |
Municipal |
Sewer Type: |
Municipal |
Legal Description: |
0.0790 AC+ ES FOURTH ST 31 FT S OF LEE ST 31.5 X 109.25 |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
24,359 |
148,970 |
304,795 |
Median Age: |
31.87 |
35.41 |
36.75 |
Households: |
10,901 |
64,401 |
131,203 |
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