Investment Property - Duplex

Multi-Family for Sale
Sale Pending
Catylist Listing ID: 30822426
Property Subtypes: Duplex/Fourplex
Status: Pending
Number of Units: 2 Units
Building Size (RSF): 1,894 SF
Gross Building Area: See Agent
Sale Price: $199,900
Unit Price: $99,950 Per Unit
In Opportunity Zone? Yes
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/29/2022

Overview / Comments

Great investment. Both units are currently rented for a total of $1,395 per month. Landlord pays for water only. Units can be subdivided. This property is also across the street from Shelby Park and is on the bus line.

Tenant Unit 518
Has been there for 12 years
M2M @ $595/month

Tenant Unit 520
Newer 1 year lease

Landlord pays water for both Tenants.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 023D01380000
Zoning: R-6 - Residential Multi-Family District
Percent Occupied: 100%
Total Number of Buildings: 1
Property Condition: Average
Number of Stories: 1
Year Renovated: 2011
Roof Type: Hip
Construction/Siding: Vinyl Siding
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Central
Fuel: Gas, Electric
Air Conditioning: Other
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 27,547 141,046 324,976
Median Age: 34.93 35.43 36.81
Households: 13,306 62,907 140,070


Photograph of Listing Agent

Latonia Isenberg

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