Investor opportunity. Renovated rental property.Current rent is $3,000 per month.$29,567.72 NOI.At list price it offers a very strong 9.9% CAP rate. If financed with 20% down/15 yr AM at 4.75% it produces $7,166.12 positive cash flow.Current lease expires 6/30/22Tenants pay all utilitiesSELLER ALSO HAS 8 OTHER RENTAL PROPERTY LISTINGS: MLS #S ARE AS FOLLOWS 1577379,1577347,1577380,1577381,1577382,1577375,1577376,1577277,1577378
What's Nearby?
Restaurants
- Hammerheads (3.53 mi)1363 reviews
- The Eagle Louisville (4.02 mi)1625 reviews
- Doc Crow's (4.44 mi)2143 reviews
- Louisville StrEatery (0.81 mi)45 reviews
- Bourbon Craft House (1.42 mi)2 reviews
- Repeal Oak Fired Steakhouse (4.45 mi)436 reviews
Coffee Shops
- Sunergos Coffee (1.99 mi)211 reviews
- Sunergos Coffee (0.81 mi)134 reviews
- Crescent Hill Coffee (5.81 mi)12 reviews
- Please & Thank You - Mark (4.43 mi)559 reviews
- Haraz Coffee House (3.98 mi)37 reviews
- Old Louisville Coffee Co-op (2.76 mi)39 reviews
Grocery
- Kroger (0.71 mi)51 reviews
- Kroger (0.16 mi)7 reviews
- Thang-Long (1.07 mi)6 reviews
- ALDI (1.94 mi)30 reviews
- Kroger (3.02 mi)54 reviews
- Webb's Market (4.2 mi)8 reviews
Education
- Valiant Christian Academy (3.65 mi)3 reviews
- University of Louisville (1.55 mi)15 reviews
- Sullivan University (5.4 mi)5 reviews
- Louisville Beauty Academy (4 mi)5 reviews
- Youth Performing Arts School (2.2 mi)2 reviews
- Fairdale High School McA (5.47 mi)1 reviews
Park
- Cherokee Park (4.31 mi)152 reviews
- Waverly Park (5.12 mi)5 reviews
- The Witches Tree (1.53 mi)8 reviews
- Don Fightmaster Playground (1.77 mi)2 reviews
- Big Rock Park (5.28 mi)16 reviews
- Door To Nowhere (5.38 mi)45 reviews