Catylist ID:
#30831212
| Catylist Listing ID: | 30831212 |
| Property Subtypes: | Low-Rise/Garden |
| Number of Units: | 32 Units |
| Building Size (RSF): | 21,500 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 53,112 SF |
| Sale Price: | $2,050,000 |
| Unit Price: | $64,062.50 Per Unit |
| Property Use Type: | Investment |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 5/20/2023 |
Overview / Comments
|
Two separate 16 plex two story brick buildings, located across the street from each other. To be sold together. 601-601 Revolutionary Rd also has a 2nd address that is on the other side of the building that is 7607 & 7609 Garrison Rd because it is at the corner of the two streets. The other 16 plex across the street is 7602 & 7604 Garrison Rd. Currently 25 units are rented . Two have just been refreshed and on the market at $725.00 per month. Owner pays sewer, water, dumpsters. and hall/outside lights. 1-2 unit available to show, providing Realtor show funds or loan approval to listing broker and providing a signed Confidentiality form signed by Realtor and buyer. Also rent roll is available upon request also including a Confidentiality form signed by Realtor/buyers. Availability of units to show will vary. Approx. 19-20 units have been refreshed in the past 2 years.. |
Attachments & Media
Additional Details
| Nearest MSA: | Louisville/Jefferson County |
| County: | Jefferson |
| Tax ID/APN: | 139303110000 |
| Zoning: | R-7 - Residential Multi-Family District |
| Percent Occupied: | 88% |
| Property Located Between: | Yorktown and Tolls Ln. |
| Highway Access: | National Turnpike to I65. |
| Airports: | Muhammed Ali International Airport |
| Site Description: | Flat lot with ample parking and sidewalks. |
| Area Description: | Combinations of residential homes and apartments with commercial close by. |
| Total Number of Buildings: | 2 |
| Property Condition: | Good |
| Number of Stories: | 2 |
| Year Built: | 1970 |
| Roof Type: | Gable |
| Construction/Siding: | Brick |
| Exterior Description: | Brick buildings |
| Parking Type: | Surface |
| Parking Description: | Ample parking |
| Sprinklers: | None |
| Heat Type: | Natural Gas |
| Heat Source: | Central |
| Fuel: | Gas |
| Air Conditioning: | Other |
| Interior Description: | 1 bedroom units with refrigerator and stove. |
| Zoning Description: | R-7 |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
| Easements: | Electric Lines, Water Rights, Utilities, Other |
| Land Ownership: | Owned |
| Legal Description: | Parcel 139303110000 & Parcel 139303160000 |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 7,963 | 57,757 | 197,962 |
| Median Age: | 35.55 | 36 | 36.81 |
| Households: | 3,086 | 23,235 | 80,128 |
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