4148 W Broadway $224,900

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    4148 W Broadway Louisville, KY 40211

    • 0 Beds
    • 0 Baths
    • 3,800 sq. ft.
    • Multi-Family
    • MLS# 1574173
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    Views: 2 Days On Site: 10

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    Property Details

    Cash Flow Positive!!! Great six unit investment property with room to add a seventh. All units are rented and generating income amounts of $3285 for rent and $750 for utilities monthly with a cap rate at close to 12%. Unit 3 is section 8 HUD on a 3 bedroom voucher, if a family with 4 bedroom voucher were put into this unit, the monthly payment from HUD would be $1250-$1300. Sold as is where isCurrent owner has done over $35,000 worth of improvements within the last two years to include: Converted to ALL ELECTRIC in May, 2020 with Major Rewiring Completed.Conversion of Boiler System to All Electric Baseboard Heating System, Major Electrical Update, Exterior Painting, New Carpet & Paint in Hallways, Flooring, Interior Painting, etc.

    • General Features
      • Area 01-Dtwn Old Louisville/Shively/West Lou
      • County Jefferson
      • Municipality Louisville
      • Property Sub Type Quadplex
      • Subdivision NONE
      • Term Lease 0
      • Year Built 1965
    • Building Features
      • Age 55.00
      • Above Grade Finished 2800.00
      • Above Grade Unfinished 0.00
      • Below Grade Unfinished 500.00
      • Below Grade Finished 1000.00
      • Covered Parking No
      • Energy Electric Heat
      • Construction Brick
      • Subdivision NONE
      • SqFt Total Finished 3,800
      • Sqft Total Unfinished 500.00
      • Roof Shingle
      • No. of Water Heaters 6.0000
      • Total Units 6.0000
    • Room Features
      • Exterior Deck
    • Property Features
      • No. of Parking Spaces 0.0
      • Lot Description Corner
      • Lot 0153
      • Utilities City Sewer,City Water,Electricity Connected

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    Neighborhood

    40211 (Louisville) Demographics

    35 Median Age
    3,051 Population Density (per sq. mile)
    16% College Educated
    $26,571 Estimated Median Income
    3,796 Estimated Total Home Owners
    5,143 Estimated Total Renters
    42% / 58% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    22,826 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $70,000 Median Sales Price
    13 Homes Sold
    28 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $224,900
        11/17/2020 1:24:00 PM New in Database Source New Value: $224,900

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        Copyright 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 IDX Brokerage firms other than Wakefield Reutlinger Realtors are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.