Permits Approved! Buildable lot and duplex in Germantown
Vacant Land
for Sale
| Catylist Listing ID: |
30847102 |
| Property Subtypes: |
Multi-Family
|
| Gross Land Area: |
28,672 SF
|
| Sale Price: |
$550,000 |
| Unit Price: |
$19.18 PSF |
| In Opportunity Zone? |
Yes |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
11/27/2023 |
Overview / Comments
|
SHOVEL READY! This property is zoned multi-family and has approved permits to begin construction on 8-plex (all units 3br 2ba) on the back of this lot. The front has an existing fully leased duplex (3 br 1.5 baths) and a garage. Duplex was taken to only 3 exterior walls and completely rebuilt in 2016. Energy efficient with spray foam insulation, modern windows, mini split HVAC, and more. Garage is oversized workshop style with loft storage. Same tenants in duplex for over 6 years and they wish to remain. Duplex currently rents for $1800 each, and garage has rented for $450 a month in the past but currently vacant to allow for construction storage if needed. Duplex tenants are interested in leasing all units in 8-plex after construction complete. Walking distance to ZBar, Sunergos Coffee, Nord's Bakery, UofL, and all of the Germantown restaurants and hot spots. Owner/Agent.
|
Additional Details
| Nearest MSA: |
Louisville/Jefferson County |
| County: |
Jefferson |
| Tax ID/APN: |
024DSROW0000|2 |
| Zoning: |
R-6 - Residential Multi-Family District |
| Largest Nearby Street: |
S Preston |
| Zoning Description: |
R-6 |
| Topography: |
Level |
| Available Utilities: |
Electric, Water, Gas, Sewer |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
21,112 |
146,050 |
318,354 |
| Median Age: |
33.2 |
35.51 |
36.81 |
| Households: |
9,979 |
64,705 |
137,088 |
|
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