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4114 S 3rd St

Louisville, KY 40214
  • $175,000
  • STATUS: Active Under Contract
  • ON SITE: 48 days
  • ID#: 1588303
Under Contract
$175,000
  • 4
    BEDS
  • 0.11
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,596
    SQFT
  • $110
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1901
County:

School Ratings & Info

School District:

Description

Investor opportunity. Renovated rental property. Current rent is $2,000 per month. At the list price it produces a very strong 11.6% CAP rate. If financed with 20% down/20 yr AM at 3.25% it produces $10,209.55 positive cash flow and a HUGE 29% cash on cash return Current lease expires 6/30/22 Tenants pay all utilities

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© 2021 Metro Search Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search, Inc. Real estate listings held by brokerage firms other than The Sokoler Team - RE/MAX Properties East are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about each listing includes the name of the listing broker. Data last updated: 2021-08-02T23:58:04.743.
www.louisvillepropertyonline.com/homes/118262167
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4114 S 3rd St Louisville, KY 40214

  • Price: $175,000
  • Status: Active Under Contract
  • ID#: 1588303
4
Beds
2
Baths
0
½ Baths
0.11
Acres
1,596
SQFT
$110
$/SQFT
1901
Built
Neighborhood:
None
County:
Jefferson
Area:
Dtwn Old Louisville/Shively/West Lou
School District:
Jefferson
Property Description
Investor opportunity. Renovated rental property. Current rent is $2,000 per month. At the list price it produces a very strong 11.6% CAP rate. If financed with 20% down/20 yr AM at 3.25% it produces $10,209.55 positive cash flow and a HUGE 29% cash on cash return Current lease expires 6/30/22 Tenants pay all utilities
Exterior Features

Construction Vinyl Exterior Porch Fencing None Foundation Crawl Space Garage Parking Entry RearNo GarageOff-Street Parking Lot Dimensions 25X200 Roof Shingle Style 1.5 Stories

Interior Features

Above Grade Finished Sq Ft 1596.00 Above Grade Unfin Sq Ft 0.00 Basement None Below Grade Finished Sq Ft 0.00 Below Grade Unfin Sq Ft 0.00 Closets Level1 3 Closets Level2 2 First Floor Master Yes Heating Cooling Central AirForced Air HeatGas Heat Nonconform Sq Ft Fin 0.00 Nonconform Sq Ft Unfin 0 Rooms Kitchen (1 Level) Kitchen (1 Level) Family Room (1 Level) Family Room (1 Level) Primary Bedroom (1 Level) Primary Bedroom (1 Level) Bedroom (2 Level) Bedroom (2 Level) Bedroom (2 Level) Bedroom (1 Level) Bedroom (2 Level) Bedroom (2 Level) Bedroom (2 Level) Bedroom (1 Level) Full Bathroom (2 Level) Full Bathroom (1 Level) Full Bathroom (2 Level) Full Bathroom (1 Level) Total Baths 2.00 Total Closets 5.00 Total Fireplaces 0.00 Total Rooms 6 Total Unfin Sq Ft 0.00

Property Features

City Tax Buyer To Verify County Tax Buyer To Verify Disclosure Yes Hoa Fee No Lot Sq Ft Source Pva Residential Sub Type Single Family Residence Sq Ft Source Builder Utilities Electricity ConnectedFuel:NaturalPublic SewerPublic Water

Listing provided courtesy of Beck Realty Group. © 2021 Metro Search, Inc. All rights reserved.


© 2021 Metro Search Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search, Inc. Real estate listings held by brokerage firms other than The Sokoler Team - RE/MAX Properties East are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about each listing includes the name of the listing broker. Data last updated: 2021-08-02T23:58:04.743.
 
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The Sokoler Team - RE/MAX Properties East
10525 Timberwood Circle
Louisville KY, 40223