1223 S 2nd

    Louisville, KY 40203
    • $410,000
    • STATUS: Active
    • ON SITE: 73 days
    • ID#: 1534544
    UPDATED: 56 min ago
    $410,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,844
      SQFT
    • $144
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1900
    County:

    School Ratings & Info

    Description

    12% cap rate and property fully rented !!! Rents total $4100 per month. Property has 7 UNITS! 4 studio apartments and 3 one bedroom apts. Only one vacancy currently and 5 are leased until 8-1-2020. Property shares a fire escape with neighboring property. 4 parking spaces in back of home could be expanded to encompass entire yard to have up to 10. Each tenant pays electric, gas, water and trash.

    Monthly Payment Calculator



    © 2019 Greater Louisville Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Sokoler-Medley Team - RE/MAX Properties East. Data last updated: 2019-08-24T13:58:22.31.
    www.louisvillepropertyonline.com/homes/95771336

    1223 S 2nd Louisville, KY 40203

    • Price: $410,000
    • Status: Active
    • Updated: 56 min ago
    • ID#: 1534544
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    2,844
    SQFT
    $144
    $/SQFT
    1900
    Built
    Neighborhood:
    Old Louisville
    County:
    Jefferson
    Area:
    Dtwn Old Louisville/Shively/West Lou
    Property Description
    12% cap rate and property fully rented !!! Rents total $4100 per month. Property has 7 UNITS! 4 studio apartments and 3 one bedroom apts. Only one vacancy currently and 5 are leased until 8-1-2020. Property shares a fire escape with neighboring property. 4 parking spaces in back of home could be expanded to encompass entire yard to have up to 10. Each tenant pays electric, gas, water and trash.
    Exterior Features

    Construction BlockBrickFrame - WoodVinyl Covered Parking No Exterior None Lot Description Sidewalk Lot Size .1622 Parking Spaces 4.0 Roof Shingle

    Interior Features

    1st Level Bedrooms 2 1st Level Full Baths 2 1st Level Partial Baths 0 1st Level Rooms 5 1st Level Total Units 2 2nd Level Bedrooms 3 2nd Level Full Baths 3 2nd Level Partial Baths 0 2nd Level Rooms 6 2nd Level Total Units 3 3rd Level Bedrooms 2 3rd Level Full Baths 2 3rd Level Total Units 2 Above Grade Finished 2844.00 Above Grade Unfin 0.00 Below Grade Finished 0.00 Below Grade Unfin 280.00 Energy Central AirForced Air HeatHeat Pump Nonconform Sq Ft Fin 0.00 Sqft Total Unfin 280.00 Total Units 7.0000 Water Heaters 1.0000

    Property Features

    1st Level Rent 1240.00 2nd Level Rent 1680.00 3rd Level Rent 1110.00 City Tax 1.6 County Tax 0 Disclosure Yes Flood Plain No Furnaces 4.00 Lease Term Varies Multifamily Sub Type Apartment Municipality Louisville Preservation Dist Old Louisville Project Facilities Laundry Facility Security Deposit Yes Separate Meters Yes Sq Ft Source Other Tenant Pays CableElectricGasSewerWater Utilities City SewerCity WaterElectricity ConnectedFuel:Natural

    Listing provided courtesy of Palazzo Realtors, Llc. © 2019 Metro Search, Inc. All rights reserved.


    © 2019 Greater Louisville Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Sokoler-Medley Team - RE/MAX Properties East. Data last updated: 2019-08-24T13:58:22.31.
     
    The Sokoler-Medley Team - RE/MAX Properties East
    10525 Timberwood Circle
    Louisville KY, 40223