Louisville, KY 40210,1701 Hale Ave
Louisville, KY 40210,1701 Hale Ave
Louisville, KY 40210,1701 Hale Ave
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$750,000
Est. payment /mo
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10,035 SqFt
Active Under Contract

1701 Hale Ave Louisville, KY 40210

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UPDATED:

11/21/2024 02:45 PM

Key Details

Property Type Multi-Family, Condo

Sub Type Apartment

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 10,035 sqft

Price per Sqft $74

MLS Listing ID 1674408

Style Other

HOA Y/N No

Abv Grd Liv Area 10,035

Originating Board Metro Search (Greater Louisville Association of REALTORS®)

Year Built 1900

Property 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 1.3% 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!

Location

State KY

County Jefferson

Direction I-64 tp exit 4 onto Roy Wilkins Ave. Go for 1.6 miles. Take ramp onto W Oak St and go for 1.1 mi. Turn right onto S 17th St. Turn left onto Hale Ave.

Interior

Heating Natural Gas

Exterior

Exterior Feature Balcony, Porch

View Y/N No

Roof Type Shingle

Garage No

Building

Architectural Style Other

Structure Type Wood Frame,Vinyl Siding,Brk/Ven


Greater Louisville MLS (Metro Search Inc)
Listed by Keller Williams Louisville East
agent
Scotty Paden

Realtor | License ID: 17000362

+1(812) 736-1870 | scottypaden@epique.me

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1701 Hale Ave