5112/5116 Valiant Dr, Louisville, KY 40216

$550,000
5,300
SqFt
List Price
$550,000
MLS#
1619676
Status
ACTIVE
Type
Multifamily
Total Units
8
City
Louisville
Area
4 - Pleasure Ridge / Valley Station
County
Jefferson
Living Area
5,300
Year Built
1965

Property Description

Get these cash flowing 8 - 1 BR apartments now! Two all brick four plex's have had tons of upgrades and we are getting top dollar rents! Owner is responsible for garbage, water and common electric. 5112 Gross rents are $2639 a month and 5116 gross rents are $2793 a month for a total of $5432.00 a month. Seven of the 8 units have been recently updated and several mechanicals are brand new! All electric panels were replaced in the 5112 building in 2020. A new hot water heater was installed in April of 2022 in 5112 #3. November of 2021 a new furnace and AC installed in 5116. New paint and luxury vinyl flooring was installed in all 7 units, several units have had all new plumbing and bathroom upgrades as well! Monthly bills are $75 a month trash per building, $35-45 a month house electric per building, and average water bill is $800-1100 every two months for both buildings.

Additional Information

Construction
Brick
Exterior
Porch
Furnaces
8
Living Area
5,300
Municipality
Louisville
Parking Spaces
8
Region
4 - Pleasure Ridge / Valley Station
Roof Materials
Shingle
Tenant Pays
Cable, Electric, Gas
Total Units
8
Utilities
City Sewer, City Water, Electricity Connected, Fuel:Natural
Waterheaters
8

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Vista REALTORS.