1123 S Brook St, Louisville, KY 40203

$175,000
2,563
SqFt
List Price
$175,000
Price Change
▼ $24,900 1641888114
MLS#
1601050
Status
ACTIVE UNDER CONTRACT
Type
Multifamily
Total Units
5
City
Louisville
Area
1 - Downtown / Old & West Louisville / Shively
County
Jefferson
Living Area
2,563
Year Built
1885

Property Description

Currently 4 out of 5 leased. There are three efficiencies and two one bedrooms. One is leased for $425 per month; two are leased for $520 per month, one is leased for $450 per month and the last one is leased for $465 per month. Total monthly income is $2380. Owner pays electric, water, sewer, trash. Renter pays for cable/internet. There are not separate meters. There is one furnace that seller believes was replaced in 2009 or 2010. If renters want air conditioning they purchase their own window units. There is one hot water heater. One unit has washer dryer hookups and an additional half bath.. Roof was replaced in 2008 and hardie board was added to two sides at same time. There is extra hardie board in large storage unit in back that will convey with the property. On street parking is easy with no issues. Property is being sold in "as is where is basis" with no warranties or guarantees whatsoever other than clear title. Square footage not warranted--buyer/buyer's agent to verify. Pleasant corner lot. Under market rents mean opportunity for you!

Additional Information

City Tax Rate
of record
Construction
Cement Board
County Tax Rate
of record
Exterior
Porch
Furnaces
1
Living Area
2,563
Lot Description
Corner
Lot Dimensions
0.1090 acres
Region
1 - Downtown / Old & West Louisville / Shively
Roof Materials
Shingle
Tenant Pays
Cable, See Remarks
Total Units
5
Utilities
City Sewer, City Water, Electricity Connected
Waterheaters
1

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of RE/MAX Properties East.