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Listed price in listed location currency (USD).
$300,000

000

MLS® 1727191

Overview

Key Facts

Type Quadruplex
Levels Residential Income
Size 3250 sqft
Garage 
Taxes 
Days Active 82
Lot Size 0.15 Acres
Approx. Age 1928
Avg. Price Per Sqft $92
MLS® Number 1727191

Property Address: 952 S 6th St, Louisville, KY, 40203-3334

Average square foot calculated using Size range provided by listing agent.

Description

Rare VALUE ADD 5 plex opportunity in Old Louisville / Limerick. This building has been professionally managed for decades. It was previously 100% occupied by long term tenants for over three years at $3, 875/month combined rents. The current owners decided to vacate the building to allow for the next buyer to lease up at market rates which the current property management company predicts to be a minimum of $850/mth or $4, 250 combined. The current owners have replaced the roof and added mini split HVAC systems. 4 of the 5 units have been recently cosmetically renovated. The value add opportunity: separate electric meters. Current owners are in the process of obtaining bids to allow the new owners to easily make this investment into the building. **Video walkthrough of all units and financials available upon request** This large, brick and stone building has great bones and spacious, in demand units. Property Mgmt of Louisville is ready to lease up the building for the next owner. Historical rent roll, pro forma financials, and rent comps are available upon request.
MLS® Number1727191
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1928
Basement
Driveway
Garage Spaces
HeatDuctless
A/CDuctless

Extras

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