3107 Greenwood Ave, Louisville, KY 40211 | MLS# 1681743

Description

This beautifully renovated 2-bed, 1-bath property in West Louisville offers an exceptional investment opportunity with a tenant in place until October 2026, generating $1,100 per month in rental income. The tenant is responsible for all utilities, appliances, and yard maintenance, minimizing your operational costs. This turnkey investment provides immediate cash flow, making it an ideal choice for investors.
Key Investment Highlights:
* Attractive Cap Rate: This property boasts an impressive 10% cap rate before maintenance and vacancy.
* Low Maintenance Costs: With the tenant handling utilities and yard work, you can enjoy reduced operational expenses.
* Renovated for Long-Term Value: Recent renovations include a new roof, modern kitchen and bathroom, fresh paint, and * and new flooring, ensuring durability and minimizing future repair costs.
* Growing Neighborhood: The area is experiencing active investment, including a major renovation of the adjacent property, indicating a rising demand and potential for long-term appreciation.
Property Features:
* New Flooring: Brand new flooring throughout the home.
* Newly installed roof.
* Upgraded kitchen and bathroom with contemporary fixtures and finishes.
* Fresh paint in every room.
* New lighting fixtures and ceiling fans.
* Spacious Layout: Generous living room and dining room with an open floor plan.
* Large covered front porch.
* Comfortable Bedrooms with ample closet space.
* Updated Bathroom: Full bathroom with modern fixtures and stylish finishes.

Prime Location
Centrally located in West Louisville, this property offers easy access to expressways and is just blocks away from grocery stores, city parks, and other local amenities. The area’s revitalization efforts and nearby renovations position this property for potential long-term appreciation.

Don’t miss this opportunity to capitalize on a high-yielding investment in a growing neighborhood. Seize the benefits of this lucrative real estate investment!