$290,000

4214 Southern Pkwy

Louisville KY, 40214

Description

Investor opportunity. Beautiful renovated rental property Single Family unit and a 2nd Carriage house unitCurrent rent is $3,075 per month$26,945.69 NOIAt list price it offers a very strong 9.3% CAP rate. If financed with 20% down/15 yr AM at 4.75% it produces $5,290.85 positive cash flow.SELLER ALSO HAS 8 OTHER RENTAL PROPERTY LISTINGS: MLS #S ARE AS FOLLOWS 1577379,1577347,1577380,1577381,1577382,1577375,1577376,1577277,1577378Current lease expires SFR 7/20/21. Carriage House 6/15/21.SFR is 2,615 sq ft of finished space. Carriage house is a 2 bedroom 1 bath 640 sq ft.

Details

MLS#1577380
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1960
Days On Site7

Features

Bed(s)5
Bath(s) 3 Total
SQ Feet2,615
Story(s)1 Story
Acreage0.23
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Area Information
StateKY
CountyJefferson
CityLouisville
Zip Code40214
Area01-Dtwn Old Louisville/Shively/West Lou
Listing VS Median (in 40214)
Price:
$290,000
low | high
Med:
$150,000
98.275862068966% of Average
SqFt:
2,615
low | high
Med:
1,131
100% of Average
$ / SqFt:
$111
low | high
Med:
$133
29.96115819209% of Average
On Site:
7
low | high
Med:
54
12.962962962963% of Average
Listing Updated: January 21, 2021 8:18:50 PM PST
Shawn Owens LogoMLS Number: 1577380
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.