3403, 3405 Prestwood Dr, Louisville, KY 40219 | MLS# 1690993

Description

This listing includes 3403, 3405, 3407 & 3411 Prestwood Drive, they will not be sold separately. All 24 units are 2 bedrooms, 1 bath, with living room, dining area and kitchen. The units have all been renovated by the current owners with updated kitchens & baths, Luxury Vinyl plank flooring in majority of units. Baths all consist of tub/shower combinations with linen closets, 4 total closets (one of which is a walk-in with automatic lighting) in each unit. Kitchens & Bath with ceramic flooring. All units have either electric or gas furnaces with central air. There are 6 tandem paved parking spaces in front of each building. Secure entries to each building. Neutral paint throughout most units. These 4 buildings are in the 100-year flood plain (see attached rent roll sheet for breakdowns of of current expenses). These buildings have been self-managed and therefore no official documentation of updates or maintenance is available. The average house meters on all 4 buildings averages $50 per building. The total insurance cost in the listing includes approximately $12,000 total flood insurance premium. Lots of long-term tenants most are on mo. to mo. at this time. Market rents could easily be raised $1100 – $1200 per month. Super clean buildings (3 of the 4 have newer roofs). These listings can also be packaged with 7509 & 7511 Garrison Rd. also for sale in KCREA.