$370,300
$380,000
2.6%For more information regarding the value of a property, please contact us for a free consultation.
4201 Southern Pkwy Louisville, KY 40214
3,473 SqFt
Key Details
Sold Price $370,300
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,473 sqft
Price per Sqft $106
Subdivision Oakdale
MLS Listing ID 1577379
Sold Date 03/05/21
Style Traditional
HOA Y/N No
Abv Grd Liv Area 2,484
Originating Board Metro Search (Greater Louisville Association of REALTORS®)
Year Built 1926
Property Sub-Type Duplex
Property Description
Investor opportunity. Gorgeous completely renovated premium duplex.
Current total rent is $3,700 per month.
$37,008.21 NOI.
At list price it offers a very strong 9.7% CAP rate. If financed with 20% down/15 yr AM at 4.75% it produces $8,632.89 positive cash flow
Current 2 year lease expires 7/14/22
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
Location
State KY
County Jefferson
Direction I-264 Exit Southern Pkwy (north)
Interior
Heating Natural Gas
Cooling Central Air
Exterior
Exterior Feature Patio
View Y/N No
Roof Type Shingle
Building
Architectural Style Traditional
Structure Type Brk/Ven
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