1254 S Jackson

    Louisville, KY 40203
    • $380,000
    • STATUS: Closed
    • ON SITE: 102 days
    • ID#: 1531930
    Sold - 06/21/2019
    $380,000
    SOLD - 06/21/2019
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,352
      SQFT
    • $87
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1920
    County:

    School Ratings & Info

    Description

    We are pleased to present this high quality, value-add multifamily opportunity in Shelby Park! 1254 S Jackson consists of six (6) over-sized one beds. Ownership has intentionally left unit #1 vacant for showing purposes and for new ownership to pursue the rental condition they desire and set their own rental rate. Gross Income as-is with unit 1 rented is $41,580. It's as-is condition with conservative rental increases to $750/month bring the projected gross income to $54,000 annually. The property offers considerable updates including, but not limited to:+ New Roof+ 24 New Windows and aluminum wrapping+ Multiple unit remodels to kitchen, bath and cosmetics+ New door ways and key pad locking+ Updated electric+ Multiple HVAC and water heaters replaced within the last 3 years

    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: 2019-08-24T22:58:20.3.
    www.louisvillepropertyonline.com/homes/94725592

    1254 S Jackson Louisville, KY 40203

    • Price: $425,000
    • Status: Closed
    • Updated: 53 min ago
    • ID#: 1531930
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    4,352
    SQFT
    $87
    $/SQFT
    1920
    Built
    Neighborhood:
    None
    County:
    Jefferson
    Area:
    02-Butchertwn/Hghlnds/Germantwn
    Property Description
    We are pleased to present this high quality, value-add multifamily opportunity in Shelby Park! 1254 S Jackson consists of six (6) over-sized one beds. Ownership has intentionally left unit #1 vacant for showing purposes and for new ownership to pursue the rental condition they desire and set their own rental rate. Gross Income as-is with unit 1 rented is $41,580. It's as-is condition with conservative rental increases to $750/month bring the projected gross income to $54,000 annually. The property offers considerable updates including, but not limited to:+ New Roof+ 24 New Windows and aluminum wrapping+ Multiple unit remodels to kitchen, bath and cosmetics+ New door ways and key pad locking+ Updated electric+ Multiple HVAC and water heaters replaced within the last 3 years
    Exterior Features

    Construction Brick Covered Parking No Exterior BalconyDeckPatio Lot Size 34'X 78'9'' Parking Spaces 0.0 Roof Membrane

    Interior Features

    Above Grade Finished 4352.00 Above Grade Unfin 0.00 Below Grade Finished 0.00 Below Grade Unfin 850.00 Energy Central Air Nonconform Sq Ft Fin 0.00 Sqft Total Unfin 850.00 Total Units 6.0000 Water Heaters 6.0000

    Property Features

    City Tax 1.29 County Tax .15 Disclosure Yes Flood Plain No Furnaces 6.00 Lease Term 1 Year Multifamily Sub Type Apartment Security Deposit 1000 Separate Meters Yes Sq Ft Source Other Utilities City WaterElectricity Connected

    Listing provided courtesy of Hoagland Commercial Realtors. © 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: 2019-08-24T22:58:20.3.
     
    The Sokoler-Medley Team - RE/MAX Properties East
    10525 Timberwood Circle
    Louisville KY, 40223