$270,000

3836 Southern Pkwy

Louisville KY, 40214

Description

Investor opportunity. Renovated rental property.Current rent is $2,550 per month.$24,856 NOI.At list price it offers a very strong 9.2% CAP rate. If financed with 20% down/15 yr AM at 4.75% it produces $4,694.56 positive cash flow.Tenants pay all utilities

Details

MLS#1577377
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1900
Days On Site1

Features

Bed(s)6
Bath(s) 2 Total
SQ Feet2,705
Garage2
Story(s)1 Story
Acreage0.13
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Area Information
StateKY
CountyJefferson
CityLouisville
Zip Code40214
Area01-Dtwn Old Louisville/Shively/West Lou
School DistrictJefferson
Listing VS Median (in 40214)
Price:
$270,000
low | high
Med:
$165,000
88.888888888889% of Average
SqFt:
2,705
low | high
Med:
1,908
79.463955637708% of Average
$ / SqFt:
$100
low | high
Med:
$86
63.361868157466% of Average
On Site:
1
low | high
Med:
17
5.882352941176% of Average
Listing Updated: January 14, 2021 8:19:26 PM PST
Shawn Owens LogoMLS Number: 1577377
Listing Provided By:
Shawn Owens  of  Beck Realty Group
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Greater Louisville Association of Realtors.