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- MLS#1577380
- TypeSingle Family
- CountyJEFFERSON
- CityLouisville
- AreaDtwn Old Louisville-Shively-West Lou
- Zip40214
- StyleTraditional
- Price$ 290,000
- Bedrooms5
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage2615
- Lot Size10,019 SqFt
Listing Provided Courtesy Of:
Beck Realty Group
Data Source:
GREATER LOUISVILLE ASSOCIATION OF REALTORS
Property Description
HUGE 19.8% Cash on Cash return.TENANT OCCUPIED.REQUIRES 48 HOUR NOTICE TO SHOW.Investor opportunity. Beautiful renovated rental property Main house unit and a 2nd Carriage house unitCurrent rent is $3,075 per month$26,945.69 NET OPERATING INCOME.At list price it offers a very strong 9.3% CAP rate. If financed with 20% down/20 yr AM at 3.75% it produces $11,505.65 positive cash flow.Owners have consistently signed new lease before incurring any vacancy with the previous tenantCurrent lease expires on 7/20/22 on the main house.Carriage House lease expires on 6/14/22.The main house is 2,615 sq ft of finished space. Carriage house is a 2 bedroom 1 bath 640 sq ft.
Price History | |
---|---|
1/14/2021 | Listed $290,000 |
General Features
Acres | 0.23 |
---|---|
Age | 60.00 |
Area | 01-Dtwn Old Louisville/Shively/West Lou |
Block | 052J |
Construction | Brick, Vinyl |
Full Baths | 3 |
Garage Features | Driveway, None, Off-Street Parking |
HOA Fee | No |
Property Type | A |
Roof | Shingle |
Status | Active |
Style | Traditional |
Sub Type | Single Family Residence |
Subdivision | NONE |
Utilities | Electricity Connected, Public Sewer, Public Water |
Year Built | 1960 |
Interior Features
Above Grade Finished | 1785.00 |
---|---|
Basement | Partially Finished |
Below Grade Finished | 0.00 |
Heating/Cooling | Central Air, Gas Heat |
Total Baths | 3.00 |
Total Bedrooms | 5 |
Total Closets | 6.00 |
Total Fireplaces | 0.00 |
Total Rooms | 11 |
Exterior Features
Disclosure | Yes |
---|---|
Exterior | Porch |
Fencing | Chain Link, Partial |
Foundation | Poured Concrete |
Lot | 0239 |
Lot Description | Level |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool