1415 S 3rd St, Louisville, KY 40208 | MLS# 1692327

Description

Great NOI! Located in Old Louisville, with easy access to UofL, Downtown, and I65, this 10 unit multifamily asset is an ideal investment for those looking to create an apartment portfolio, or add to an existing one.

The property includes eight units in the main building plus two units and a garage in the carriage house, with a mix of 2BR/2BA, 1BR/1BA, and studio units. Laundry is available.

The owners have made significant upgrades, including electrical and plumbing, yet the building still exudes Old Louisville charm with beautiful and ornate original details, making it an appealing option for tenants.

Occupancy is high, and there is opportunity to push rents to meet the market. Tenants pay a pro rata share of utilities – additional revenue not reflected in the rent rol