Catylist ID:
#30795173
Fully Leased Four Plex
Multi-Family
for Sale
Sale Pending/Contingent
| Catylist Listing ID: | 30795173 |
| Property Subtypes: | Duplex/Fourplex |
| Status: | Pending/Contingent |
| Number of Units: | 4 Units |
| Building Size (RSF): | 3,430 SF |
| Gross Building Area: | See Agent |
| Sale Price: | $320,000 |
| Unit Price: | $80,000 Per Unit |
| Property Use Type: | Investment |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 4/5/2022 |
Overview / Comments
|
This South End 4-plex is situated adjacent to UPS, with easy access to Iroquois Park, DeSales High School and I-65. The building is fully occupied, and each 2BR/1BA unit is occupied includes a washer/dryer hookup and its own HVAC and hot water heater. Every unit is currently rented for $650/mo., which is well below market rate for a 2BR apartment in the area. Tenants pay their own gas and electric, landlord pays water. The roof is approx. 3 years old, AC units approx. 4 years old, and water heaters approx. 3 - 4 years old. |
Additional Details
| Nearest MSA: | Louisville/Jefferson County |
| County: | Jefferson |
| Tax ID/APN: | 139301390000 |
| Zoning: | R-7 - Residential Multi-Family District |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 9,459 | 59,980 | 199,151 |
| Median Age: | 35.78 | 36.41 | 36.78 |
| Households: | 3,672 | 24,234 | 80,704 |
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