23
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$375,000
Est. payment /mo
3,250 SqFt
New
952 S 6th St Louisville, KY 40203
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Key Details
Property Type Multi-Family
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 3,250 sqft
Price per Sqft $115
Subdivision Limerick
MLS Listing ID 1704700
HOA Y/N No
Abv Grd Liv Area 3,250
Year Built 1928
Lot Size 6,534 Sqft
Acres 0.15
Property Sub-Type Apartment
Source APEX MLS (Greater Louisville Association of REALTORS®)
Land Area 3250
Property Description
Great opportunity to buy a cash flowing 5 unit building in an excellent rental market near Downtown Louisville. Property stays consistently 100% occupied with total rents = $3,875/mth. Current ownership has invested heavily into this sturdy brick building - notably renovating 4 of 5 units, new roof, and upgrading HVAC to electric mini-split systems in each unit. Units consist of three 1bd units & 2 studio units. All 5 units have spacious layouts and are of high demand. Experienced investors will notice there's room for substantial increase in rents & profitability for new ownership.
Location
State KY
County Jefferson
Direction W Breckinridge St to S 6th St, property is on the right across from Ben Washer Park
Interior
Heating MiniSplit/Ductless
Cooling Ductless
Exterior
Exterior Feature None
View Y/N No
Roof Type Asphalt,Flat
Garage No
Building
Lot Description Sidewalk
Sewer Public Sewer
Water Public
Structure Type Brick
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Listed by United Real Estate Louisville