Overview
- Updated On:
- November 7, 2024
- 10,035 ft2
Description
Incredible investment opportunity in the booming market of Louisville, KY! If you have ever wanted to own your own BLOCK-THIS IS YOUR CHANCE! This opportunity represents a whopping 5 different properties (on one parcel)! There are 4 duplexes and a single family home included and they boast nearly every unit mix imaginable-meaning your possible tenant base is nearly EVERYONE! This opportunity has studio apartments, 1 bedroom apartments, 2 bedroom apartments and even 3 bedroom apartments! If that isn’t enough to get you excited, let’s talk about how every unit has been renovated-meaning the maintenance cost should be non-existent for a new owner-increasing cash flow! Speaking of cash flow-if you choose to target Section 8 tenants, the gross rental potential represents an INCREDIBLE 1.5% gross monthly return-over $11,000/month (according to the 2025 HUD FMR values)! This is the perfect property to ring the new year in with as it could single handedly generate 6 figures in gross revenue for you! EVERY. SINGLE. YEAR. This property also features something incredibly rare in the Louisville, KY market–a private courtyard! Only shared by these properties! Be sure to book your showing TODAY before it’s gone!
- Principal and Interest
- Property Tax
- HOA fee