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$2,600,000
6514 Miles Ave, Louisville, KY 40214
0 Beds
0 Baths
22,470 SqFt

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Now available:15 duplexes, all concentrated within a block of an established South Louisville neighborhood, for a total of 30 rental units. Significant upgrades have been made to most of the properties, including bathroom and kitchen remodels, new roofs, new mechanicals and new flooring.The portfolio has been professionally managed, with new leases being put in place that demonstrate the potential to raise rents to market rate. Vacancies have been quick to fill, with quality tenants. Due to the nature of the assets, operating expenses are low. Offering highlights include:> 30 units total> Well maintained, upgraded properties> Opportunity to add value by pushing rents to market rate> Low operating costs: All tenants are responsible for their own water, LGE, and lawn care
  • Price:
  • $2,600,000
  • Square Footage:
  • 22,470
  • Listing ID #:
  • 1613746
  • Street Address:
  • 6514 Miles Ave
  • City:
  • Louisville
  • State:
  • Kentucky
  • Postal Code:
  • 40214
  • County:
  • Jefferson
  • Community:
  • 05-Auburndale/Fairdale/Iroquoisprk/Shively
  • Subdivision:
  • None
  • Listing Status:
  • Active
  • Listing Type:
  • Apartment
  • Construction Description:
  • Vinyl
  • Exterior Features:
  • Deck
  • Finished Above Ground Square Footage:
  • 22470.00
  • Number Of Units:
  • 30.0000
  • Total Building Square Footage:
  • 22470
  • Type Of Roof:
  • Shingle
  • Parking Spaces:
  • 0.0
  • Energy Description:
  • Forced Air
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By Prg Commercial Property Advisors
  • LOUVILLE