108 E Florence Ave, Louisville, KY 40214 | MLS# 1695606

Description

Rare opportunity to own this 50 unit apartment complex consisting of (16) 2 bed 2 bath units 1,080 square feet, (16) 2 bed 1 bath units 936 square feet, (12) 2 bed 1 bath units 845 square feet, (6) 2 bed 1 bath units 765 square feet. In 2025 the Owner has renovated 10 of the vacant units and are now starting to place tenants, 2 additional units are in need of full renovations. All leased units have had renovations over the years. Pictures of interior units are of those that have recently been renovated, and they are being marketed at much higher market rental rates. All roofs replaced within the past few years, numerous HVAC units have been replaced, Great parking, there are 4 different style units, all units have laundry hookups in their unit, and there is a manger office on site. Currently the Owner pays water/sewer/trash.