Overview
- Updated On:
- March 18, 2024
- 4,312 ft2
Description
Opportunity to buy a cash-flowing apartment building with 9 studio apartments. The current owners have made many upgrades including a blacktop parking lot, and LVP flooring in some units. The property is currently 100% occupied bringing in $5,850 in gross rent each month.
The property has a total of 1.24 acres of C1 land. The apartment takes up roughly 1/4 of the land leaving land for future development.
Do not disturb tenants. building will only be shown after an offer has been accepted.
Address: 14011 Dixie Hwy, Louisville, KY 40272
City: Louisville
Area: NONE
State/County: Jefferson
Zip: 40272
Country: United States
Open In Google Maps
Property Id : 1623959
Price: $ 400,000
Property Size: 4,312 ft2
InternetConsumerCommentYN: 1
TaxLot: 0020
AboveGradeFinishedArea: 4312
BuildingAreaSource: Other
InternetAutomatedValuationDisplayYN: 1
BelowGradeFinishedArea: 0
StreetNumberNumeric: 14011
Roof: Asphalt,Metal
ConstructionMaterials: Aluminum Siding
ListAgentFullName: Katie Renfro
InternetAddressDisplayYN: 1
ListAgentMobilePhone: 502-345-3667
OnMarketDate: 2024-03-11
InternetEntireListingDisplayYN: 1
ListOfficeKey: 20150507142002322473000000
ListAgentLastName: Renfro
Cooling: Wall/Window Unit(s)
ListAgentFirstName: Katie
MajorChangeType: Price Reduced
LotSizeUnits: Square Feet
DocumentsCount: 0
LotSizeSquareFeet: 1.24
ListingId: 1656271
YearBuilt: 1950
SourceSystemName: Metro Search (Greater Louisville Association of REALTORS®)
SourceSystemKey: 20240311150606077973000000
ArchitecturalStyle: Other
StateOrProvince: KY
ListOfficeName: PRG Commercial Property Advisors
OriginatingSystemKey: 20240311150606077973000000
VideosCount: 0
PhotosCount: 3
BuildingAreaTotal: 4312
OriginatingSystemName: Metro Search (Greater Louisville Association of REALTORS®)
Utilities: Electricity Connected,Fuel:Natural,Septic System
OriginalListPrice: 964940
ListingContractDate: 2024-03-11
StreetSuffix: Hwy
OriginatingSystemID: M00000290
LotSizeDimensions: 1.24 Acres
StreetNumber: 14011
StreetName: Dixie
ListAgentEmail: katie@prgproperty.com
ListOfficeMlsId: 1672101
MlsStatus: Active
TaxBlock: 1137
LotSizeArea: 1.24
SourceSystemID: M00000290
ParcelNumber: 113700200000
ListAgentMlsId: 28775
AssociationFee: 0
Heating: Natural Gas
Directions: Opportunity to buy a cash-flowing apartment building with 9 studio apartments. The current owners have made many upgrades including a blacktop parking lot, and LVP flooring in some units. The property is currently 100% occupied bringing in $5,850 in gross rent each month.
The property has a total of 1.24 acres of C1 land.
NumberOfUnitsTotal: 9
MLSAreaMajor: 05-Auburndale/Fairdale/IroquoisPrk/Shively
MLSAreaMinor: 05-Auburndale/Fairdale/IroquoisPrk/Shively
Other Features
Has Cooling System
Has Heating System
None
$ 2,050.88
per month- Principal and Interest
- Property Tax
- HOA fee
$ 1,550.88
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