Overview
- Updated On:
- April 10, 2025
- 3 Bedrooms
- 1 Bathrooms
- 1,824 ft2
Description
Investor alert! Welcome to 4534 Lake Dreamland Dr, a unique opportunity tucked into a quiet, wooded neighborhood in Louisville, KY. This property is perfect for an investor looking to create two rental units with excellent potential for cash flow. The downstairs unit is fully complete, featuring three spacious bedrooms and one full bathroom, along with a private deck and outdoor space ideal for relaxing or entertaining. The upstairs unit is partially finished and, once completed, will mirror the lower level with its own three-bedroom, one-bathroom layout—doubling your income possibilities. The home also offers plenty of parking, providing convenience for tenants or guests, and the lot has ample space for outdoor use or future improvements.
Located just minutes from (cont. >> >>) Cane Run Road, this property offers both privacy and convenience. Nearby, you’ll find everyday amenities like grocery stores, including Kroger and Dollar General, along with a variety of local dining options from quick takeout to sit-down restaurants. The area is also home to several community parks such as Riverside Gardens Park, where you can enjoy river views, green space, and walking trails. With easy access to I-264, commuting to downtown Louisville, the airport, or other parts of the city is a breeze.
Whether you’re planning to rent both units or live in one while generating income from the other, this property offers smart, flexible investment potential in a well-established part of Louisville.
- Principal and Interest
- Property Tax
- HOA fee
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