This 5 unit apartment building is located in the heart of the very desirable Highlands neighborhood. The property has enjoyed long term ownership and has been well maintained by professional management. The main building contains 4 units and a carriage house in the rear has a more recently added apartment above two large garages.
The property is separately metered for gas and electric, and washer dryer hookups are in 4 of the units. This rare investment presents an opportunity for an investor to enjoy long term appreciation from the intrinsic value of the real estate, while also realizing long term high occupancy from quality tenants.
> 5 units in an excellent location
> Separately metered LGE
> Each unit has split HVAC systems w/ central air
> Well maintained by long term own
Property Id : 1118558
Price: $ 697,500
Property Size: 5,563 ft2
InternetConsumerCommentYN: 1
TaxLot: 0
AboveGradeFinishedArea: 5563
BuildingAreaSource: Other
InternetAutomatedValuationDisplayYN: 1
BelowGradeFinishedArea: 0
StreetNumberNumeric: 1607
Roof: Shingle
ConstructionMaterials: Vinyl Siding
ListAgentFullName: Jenny Johnston
InternetAddressDisplayYN: 1
CoListAgentKey: 20131203230558280814000000
OnMarketDate: 2023-08-16
InternetEntireListingDisplayYN: 1
ListOfficeKey: 20150507142002322473000000
CoListAgentFullName: Reed B Weinberg
ListAgentLastName: Johnston
StatusChangeTimestamp: 2023-08-16T01:39:06Z
ListAgentFirstName: Jenny
MajorChangeType: Back On Market
DocumentsCount: 0
LotSizeSquareFeet: 0
ListingId: 1641034
CoListAgentFirstName: Reed
YearBuilt: 0
SourceSystemName: Greater Louisville Association of REALTORS®
SourceSystemKey: 20230716141810871391000000
ArchitecturalStyle: Traditional
StateOrProvince: KY
CoListAgentLastName: Weinberg
ListOfficeName: PRG Commercial Property Advisors
OriginatingSystemKey: 20230716141810871391000000
VideosCount: 0
PhotosCount: 18
CoListAgentMlsId: 19036
PhotosChangeTimestamp: 2023-07-16T14:28:21Z
BuildingAreaTotal: 5563
OriginatingSystemName: Greater Louisville Association of REALTORS®
Utilities: City Sewer
OriginalListPrice: 697500
ListingContractDate: 2023-07-16
StreetSuffix: Ave
OriginatingSystemID: M00000290
LotSizeDimensions: 0
StreetNumber: 1607
StreetName: Lucia
ModificationTimestamp: 2023-08-16T01:39:33Z
ListOfficeMlsId: 1672101
MlsStatus: Active
TaxBlock: 0
LotSizeArea: 0
SourceSystemID: M00000290
ParcelNumber: 0
ListAgentMlsId: 26529
AssociationFee: 0
Heating: Forced Air
MajorChangeTimestamp: 2023-08-16T01:39:09Z
Directions: I64
Grinstead
L ono Bardstown
R onto Lucia
NumberOfUnitsTotal: 5
MLSAreaMajor: 02-Butchertwn/Hghlnds/Germantwn
GarageSpaces: 2
MLSAreaMinor: 02-Butchertwn/Hghlnds/Germantwn