4331 S 2nd St, Louisville, KY 40214 | MLS# 1700751

Description

Located in the desirable Beechmont/Wilder Park area , this property is minutes from U of L, the airport, I264 and Downtown, and situated in an established neighborhood of single family homes. The large lot is on a high visibility corner, and includes five 1BR/1BA units, off street parking, shared backyard space, plus a four car garage.

The units are large, and each is separately metered for LG&E, with its own HVAC system. They all include refinished hardwood or LVP flooring, solid surface countertops, tile bathrooms, and new cabinets. Shared laundry is available. The seller has made significant capital improvements to the property, including:

> Full unit turns including new countertops, updated kitchens/bathrooms, finished flooring

> New windows > New hot water heater

> Two new furnaces

> Landscaping improvements

> Gutter/downspout repairs

> Roof repairs

This is a great opportunity for an entry-level multifamily investment in a desirable location. Value can be created through bringing all rents to market value, streamlining expenses, renting the garages, and more.