3407, 3411 Prestwood Dr, Louisville, KY 40219 | MLS# 1693210

Description

This listing includes 3407 and 3411, Prestwood Drive. All 12 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 2 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 $50 per building. The total insurance cost in the listing includes approximately $6,000 total flood insurance premium. Lots of long-term tenants most are on mo. to mo. at this time. Super clean buildings. These listings can also be packaged with 7509 & 7511 Garrison Rd. and 3403 & 3405 Prestwood – also for sale in KCREA.
Flood Insurance approx. $6000/yr. 2024 property/liability insurance $15,283. 2024 taxes on 2 buildings $5148. Water/sewer $600/mo.

A full package purchase of MLS#1693210 (3407 & 3411 Prestwood), MLS#1693209 (3403 & 3405 Prestwood) and MLS#1690987 (7509 & 7511 Garrison) can be purchased for $2,950,000.