Description
Fully renovated, income-producing 3 unit mixed use building in Louisville's high-growth Shelby Park / Logan Street corridor. This turnkey asset features three fully occupied units generating $7,500/month ($90,000 annually), including a ground-floor commercial lease at $3,500/month (no annual increases) through March 2029 and two furnished annual 1BR/1BA units at $2,000/month each or totalling $4,000/month combined. Separately metered with minimal near-term capex, this property offers stable cash flow with built-in upside. Zoned C-2 (STR or Short Term Rental -eligible, buyer to verify) and located directly across from Logan Street Market, the property benefits from strong foot traffic and proximity to Germantown, NuLu, and Downtown. Situated on a 0.17-acre lot with 10 off-street parking spaces—rare for the area—this is an ideal opportunity for investors seeking a stabilized mixed-use asset in one of Louisville's most active submarkets. Financials and leases available upon request. Do not disturb tenants.
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2BEDS
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0.17ACRES
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0BATHS
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01/2 BATHS
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3,625SQFT
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$234$/SQFT
School Ratings & Info
Description
Fully renovated, income-producing 3 unit mixed use building in Louisville's high-growth Shelby Park / Logan Street corridor. This turnkey asset features three fully occupied units generating $7,500/month ($90,000 annually), including a ground-floor commercial lease at $3,500/month (no annual increases) through March 2029 and two furnished annual 1BR/1BA units at $2,000/month each or totalling $4,000/month combined. Separately metered with minimal near-term capex, this property offers stable cash flow with built-in upside. Zoned C-2 (STR or Short Term Rental -eligible, buyer to verify) and located directly across from Logan Street Market, the property benefits from strong foot traffic and proximity to Germantown, NuLu, and Downtown. Situated on a 0.17-acre lot with 10 off-street parking spaces—rare for the area—this is an ideal opportunity for investors seeking a stabilized mixed-use asset in one of Louisville's most active submarkets. Financials and leases available upon request. Do not disturb tenants.
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Listing provided courtesy of EXP Realty LLC: (888) 624-6448.
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