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3915 Southern Parkway, Louisville, KY 40214

Commercial property for sale

  • Description
  • Attractive building with great curb-appeal featuring four rental units located on a beautiful stretch of tree-lined Southern Parkway! Close to the University of Louisville (excellent pipeline for renters), Churchill Downs, shopping, and dining with easy access to bus-lines. Opportunity to increase rent and net operating income in the future. Unit #1 is a two-story, 1,372 sqft apartment with hardwood floors, two bedrooms, 2 baths, and an additional dining room with a closet that could be used as a third bedroom–Currently rented by month-to-month tenant for $600/month. Unit #2 has 895 sqft of living space, shotgun-style, with one bedroom and one full bath–Currently rented to long-time, loyal tenant for $395/month. Unit #3 (vacant) is a second-floor unit with one bedroom, one full bath and 868 sqft of living space. Previously rented for $410/month. Unit #4 is a studio-style space on the third floor, 500 sqft of living space with staircase access to third floor private entrance on rear-side of building. Includes a full-bath, kitchen, closet, semi-separate living and bedroom areas. Skylight in Unit #4 allows for additional sunlight. Currently rented at $410/month. Units are each metered separately (with exception that units #1 & #4 share gas). Owner currently pays water bill for all tenants. Owner pays all utilities for unit #4. Excellent opportunity for investor! Currently managed by professional management company that is actively marketing vacant units and screening tenant applicants. One-car, detached garage that could be rented for tenant use or storage. Seller holds an active Real Estate license in the state of Alabama. Building price details: $129,000.
  • Property Details
  • Property Type: Multifamily
    Status: Available
    Price: $ 32,250 +/Unit
    MSA: Louisville-Jefferson County
    Buildings: 1
    Terms: Cash to Seller
    Added: 01/03/2012
    Last Update: 03/26/2012
  • Contact info
  • 502-895-9136 [Office]
  • Note

  • Details Info about this row that located on 3915 Southern Parkway, Louisville, KY 40214 was got from trusty sources, but All Foreclosures Homes can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

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