Skip To Content

716 Breckenridge

Louisville, KY 40207
  • $872,000
  • STATUS: Active
  • ON SITE: 5 Days
  • ID#: 1601422
New On Site 5 Days Ago
UPDATED: 159 min ago
$872,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,336
    SQFT
  • $163
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2021
County:

School Ratings & Info

Description

This rare, high-quality, St. Matthews multifamily opportunity is available for sale for the first time since its initial construction. The portfolio consists of 36 units in 4 separate, adjacent buildings in a highly desirable stretch of Breckenridge Lane.The meticulously maintained buildings contain 1 BR units that are mostly rented at below-market rates, presenting excellent immediate upside opportunities. Upgrades over recent years have included windows, new electrical panels, security doors, parking lot, and new, higher quality, electric mini-split heating and air units. The other two surrounding buildings are condominium properties.This offering is an opportunity for an investor to step into a very well-maintained asset with a solid tenant base, and also add value through unitupgrades and rental increases. Truly generational assets like this do not come available often. > Addresses include 708/716/726 Breckenridge & 3733 Hillsboro Rd. for a total price of $3,924,000 > Meticulously maintained by long time owner-managers > Upgrades include electric, plumbing and HVAC > Quality tenant base with immediate rental upside

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: 2021-11-26T23:58:03.693.
www.thestillergroup.com/homes/123472103
Print Image

716 Breckenridge Louisville, KY 40207

  • Price: $872,000
  • Status: Active
  • On Site: 5 Days
  • Updated: 159 min ago
  • ID#: 1601422
0
Beds
0
Baths
0
½ Baths
N/A
Acres
5,336
SQFT
$163
$/SQFT
2021
Built
Neighborhood:
None
County:
Jefferson
Area:
Clifton/Crescent Hill/St Matthews
Property Description
This rare, high-quality, St. Matthews multifamily opportunity is available for sale for the first time since its initial construction. The portfolio consists of 36 units in 4 separate, adjacent buildings in a highly desirable stretch of Breckenridge Lane.The meticulously maintained buildings contain 1 BR units that are mostly rented at below-market rates, presenting excellent immediate upside opportunities. Upgrades over recent years have included windows, new electrical panels, security doors, parking lot, and new, higher quality, electric mini-split heating and air units. The other two surrounding buildings are condominium properties.This offering is an opportunity for an investor to step into a very well-maintained asset with a solid tenant base, and also add value through unitupgrades and rental increases. Truly generational assets like this do not come available often. > Addresses include 708/716/726 Breckenridge & 3733 Hillsboro Rd. for a total price of $3,924,000 > Meticulously maintained by long time owner-managers > Upgrades include electric, plumbing and HVAC > Quality tenant base with immediate rental upside
Exterior Features

Construction Brick Covered Parking No Exterior None Lot Size 0 Parking Spaces 0.0 Roof Shingle

Interior Features

Above Grade Finished 5336.00 Above Grade Unfin 0.00 Below Grade Finished 0.00 Below Grade Unfin 1334.00 Energy Minisplit/Ductless Nonconform Sq Ft Fin 0.00 Sqft Total Unfin 1334.00 Total Units 8.0000 Water Heaters 0.0000

Property Features

City Tax 0 County Tax 0 Disclosure No Flood Plain No Furnaces 0.00 Lease Term 0 Multifamily Sub Type Apartment Security Deposit 0 Separate Meters No Sq Ft Source Other Utilities City Sewer

Listing provided courtesy of Prg Commercial Property Advisors. © 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: 2021-11-26T23:58:03.693.
 
https://bt-photos.global.ssl.fastly.net/louisville/orig_boomver_1_1601422-2.jpg https://bt-photos.global.ssl.fastly.net/louisville/orig_boomver_1_1601422-2.jpg https://bt-photos.global.ssl.fastly.net/louisville/orig_boomver_1_1601422-2.jpg
Logo
The Stiller Group | Schuler Bauer Real Estate Services
4206 Charlestown Rd Ste 200
New Albany IN, 47150