4148 W Broadway, Louisville, KY 40211

$242,500
2,800
SqFt
List Price
$242,500
Price Change
▼ $7,400 1642195562
MLS#
1602215
Status
ACTIVE
Type
Multifamily
Total Units
6
City
Louisville
Area
1 - Downtown / Old & West Louisville / Shively
County
Jefferson
Living Area
2,800
Year Built
1965

Property Description

Great investment property with room to add a seventh. All units are rented and generating income amounts of $4035 for rent and owner pays $700 for utilities monthly. Unit 3 is section 8 HUD on a 3 bedroom voucher, if a family with 4 bedroom voucher were put into this unit, the monthly payment from HUD would be $1250-$1300. $50,000+ worth of improvements within the last two years to include: Converted to ALL ELECTRIC in May, 2020 with Major Rewiring Completed. Conversion of Boiler System to All Electric Baseboard Heating System, Major Electrical Update, Exterior Painting, New Carpet & Paint in Hallways, Flooring, Interior Painting, NEW ROOF 2021. Great opportunity!

Additional Information

City Tax Rate
.4
Construction
Brick
County Tax Rate
.92
Exterior
Deck, Out Buildings, Porch
Living Area
2,800
Lot Description
Corner
Lot Dimensions
39x180
Municipality
Louisville
Region
1 - Downtown / Old & West Louisville / Shively
Roof Materials
Flat, Shingle
Tenant Pays
See Remarks
Total Units
6
Utilities
City Sewer, City Water, Electricity Connected
Waterheaters
6

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of RE/MAX Properties East.