613 N Hite Ave, Louisville, KY 40206
Commercial property for sale
Description
This is a great muti-family investment property located in Crecent Hill off of North Hite Ave. This 24 unit building produces almost $150,000 a year in income before expenses. This would make a great addition to any portfolio. This building has recently gone through an exterior and interior facelift; with new mansard roofs, new gutter work, all the trim painted, electronic exterior locks and all the outside decks replaced. There is a separate laundry room for tenant use and the potential for additional income with coin laundry. This building sits in area of single family homes and condominiums. This could be an excellent condo conversion project. 12 of the 24 units have been recently remolded and the others are in great shape. The common hallways have all new carpeting and fresh paint. This is a turn-key investment and a money maker! Units have central air and Heat. All utilities are separate except gas and water. Building price details: $1,095,000.
Property Details
- Type: Multifamily
- Status: Available
- Buildings: 1