Skip To Content

4148 W Broadway

Louisville, KY 40211
  • $200,000
  • STATUS: Closed
  • ON SITE: 252 days
  • ID#: 1574173
Sold - 03/19/2021
$200,000
SOLD - 03/19/2021
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,800
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1966
County:

School Ratings & Info

Description

Cash Flow Positive!!! Great six unit investment property with room to add a seventh. All units are rented and generating income amounts of $3285 for rent and $750 for utilities monthly with a cap rate at close to 12%. Unit 3 is section 8 HUD on a 3 bedroom voucher, if a family with 4 bedroom voucher were put into this unit, the monthly payment from HUD would be $1250-$1300. Sold as is where isCurrent owner has done over $35,000 worth of improvements within the last two years to include: Converted to ALL ELECTRIC in May, 2020 with Major Rewiring Completed.Conversion of Boiler System to All Electric Baseboard Heating System, Major Electrical Update, Exterior Painting, New Carpet & Paint in Hallways, Flooring, Interior Painting, etc.

Monthly Payment Calculator



© 2021 Metro Search Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search, Inc. Real estate listings held by brokerage firms other than The Stiller Group | Schuler Bauer Real Estate Services are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about each listing includes the name of the listing broker. Data last updated: 2021-07-27T23:58:36.383.
www.thestillergroup.com/homes/111963702
Print Image

4148 W Broadway Louisville, KY 40211

  • Price: $224,900
  • Status: Closed
  • Updated: 28 min ago
  • ID#: 1574173
0
Beds
0
Baths
0
½ Baths
N/A
Acres
3,800
SQFT
$0
$/SQFT
1966
Built
Neighborhood:
None
County:
Jefferson
Area:
Dtwn Old Louisville/Shively/West Lou
Property Description
Cash Flow Positive!!! Great six unit investment property with room to add a seventh. All units are rented and generating income amounts of $3285 for rent and $750 for utilities monthly with a cap rate at close to 12%. Unit 3 is section 8 HUD on a 3 bedroom voucher, if a family with 4 bedroom voucher were put into this unit, the monthly payment from HUD would be $1250-$1300. Sold as is where isCurrent owner has done over $35,000 worth of improvements within the last two years to include: Converted to ALL ELECTRIC in May, 2020 with Major Rewiring Completed.Conversion of Boiler System to All Electric Baseboard Heating System, Major Electrical Update, Exterior Painting, New Carpet & Paint in Hallways, Flooring, Interior Painting, etc.
Exterior Features

Construction Brick Covered Parking No Exterior Deck Lot Description Corner Lot Size 39X180 Parking Spaces 0.0 Roof Shingle

Interior Features

1st Level Total Units 1 2nd Level Total Units 2 3rd Level Total Units 1 Above Grade Finished 2800.00 Above Grade Unfin 0.00 Basement Level Total Units 2 Below Grade Finished 1000.00 Below Grade Unfin 500.00 Energy Electric Heat Nonconform Sq Ft Fin 0.00 Sqft Total Unfin 500.00 Total Units 6.0000 Water Heaters 6.0000

Property Features

City Tax 0.13 County Tax 0.122 Disclosure No Flood Plain No Furnaces 0.00 Lease Term 0 Multifamily Sub Type Quadplex Municipality Louisville Security Deposit 0 Separate Meters No Sq Ft Source List Agent Utilities City SewerCity WaterElectricity Connected

Listing provided courtesy of Weichert Realtors-H. Barry Smith Co.. © 2021 Metro Search, Inc. All rights reserved.


© 2021 Metro Search Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search, Inc. Real estate listings held by brokerage firms other than The Stiller Group | Schuler Bauer Real Estate Services are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about each listing includes the name of the listing broker. Data last updated: 2021-07-27T23:58:36.383.
 
https://bt-photos.global.ssl.fastly.net/louisville/1280_boomver_1_1574173-2.jpg https://bt-photos.global.ssl.fastly.net/louisville/1280_boomver_1_1574173-2.jpg https://bt-photos.global.ssl.fastly.net/louisville/1280_boomver_1_1574173-2.jpg
Logo
The Stiller Group | Schuler Bauer Real Estate Services
4206 Charlestown Rd Ste 200
New Albany IN, 47150