Investor opportunity. Beautiful completely renovated rental property.Current rent is $2,500 per month.$25,238.26 NOI.At list price it offers a very strong 9.3% CAP rate. If financed with 20% down/15 yr AM at 4.75% it produces $5,076.82 positive cash flow.Current lease expires 5/23/23.Tenants pay all utilities.SELLER ALSO HAS 8 OTHER RENTAL PROPERTY LISTINGS: MLS #S ARE AS FOLLOWS 1577379,1577347,1577380,1577381,1577382,1577375,1577376,1577277,1577378
MLS# | 1577347 |
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Listing Type | For Sale |
Style | House |
Sub-Type | Resale |
Status | Active |
Year | 1900 |
Days On Site | 2 |
Bed(s) | 5 |
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Bath(s) | 2 Total |
SQ Feet | 2,171 |
Story(s) | 2 1/2 Story |
Acreage | 0.05 |
Area Information | |
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State | KY |
County | Jefferson |
City | Louisville |
Zip Code | 40208 |
Area | 01-Dtwn Old Louisville/Shively/West Lou |
Community Name | OLD LOUISVILLE |
Listing VS Median (in OLD LOUISVILLE) | |
Price: $270,000 low | high Med: $295,450 SqFt: 2,171 low | high Med: 2,621 $ / SqFt: $124 low | high Med: $116 On Site: 2 low | high Med: 99.5 |