Description
Great opportunity to buy a cash flowing 5 unit building in an excellent rental market near Downtown Louisville. Property stays consistently 100% occupied with total rents = $3,875/mth. Current ownership has invested heavily into this sturdy brick building - notably renovating 4 of 5 units, new roof, and upgrading HVAC to electric mini-split systems in each unit. Units consist of three 1bd units & 2 studio units. All 5 units have spacious layouts and are of high demand. Experienced investors will notice there's room for substantial increase in rents & profitability for new ownership.
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0BEDS
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0.15ACRES
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0BATHS
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01/2 BATHS
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3,250SQFT
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$115$/SQFT
School Ratings & Info
Description
Great opportunity to buy a cash flowing 5 unit building in an excellent rental market near Downtown Louisville. Property stays consistently 100% occupied with total rents = $3,875/mth. Current ownership has invested heavily into this sturdy brick building - notably renovating 4 of 5 units, new roof, and upgrading HVAC to electric mini-split systems in each unit. Units consist of three 1bd units & 2 studio units. All 5 units have spacious layouts and are of high demand. Experienced investors will notice there's room for substantial increase in rents & profitability for new ownership.
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Listing provided courtesy of United Real Estate Louisville: (502) 509-4498.
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