38.16163 -85.761696

6614 Evangeline Ave LOUISVILLE, KY 40214

315715028 38.16163 -85.761696 137 /listing/315715028-150122720/6614-evangeline-ave-louisville-ky-40214 False 0 3350000.0 49231 105 1612395 False
  • $3,350,000
  • 49,231 sqft
  • Est payment $17983.52/mo

Property & Neighborhood Info

Courtesy Of PRG Commercial Property Advisors

Multi-Family in Louisville

This offering includes a portfolio of 15 duplexes, all concentrated within a few blocks of an established South Louisville neighborhood, plus four single family rental homes, for a total of 34 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. The Louisville single-family and residential investment market is enjoying strong demand due to extraordinary rent growth, home value appreciation, low housing supply, and hi This offering includes a portfolio of 15 duplexes, all concentrated within a few blocks of an established South Louisville neighborhood, plus four single family rental homes, for a total of 34 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. demand from investors. Offering highlights include:> 34 units, including 15 duplexes and 4 single families> 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 carePlease fill out the linked Confidentiality Agreement to access a rent roll and additional information.

Courtesy Of PRG Commercial Property Advisors
  1. 49,231 Sq. Ft.

Main Features

  • Listing Status: Active
  • Year Built: 2022
  • County: JEFFERSON
  • MLS Number:1612395

Additional Features

  • Disclosures:
    • No
  • Sqft Source:
    • Other
  • Construction:
    • Vinyl
  • Roof:
    • Shingle
  • Exterior Features:
    • Deck
  • Flood Plain:
    • No
  • Covered Parking:
    • No
  • Parking Spaces:
    • 0.0
  • Energy:
    • Forced Air
  • Utilities:
    • City Sewer
  • Security Deposit:
    • 0
  • Display on Public Websites:
    • Y
  • Terms:
    • 0
  • Below Ground Sq Ft:
    • 0.00
  • Below Ground SQFT Unfinished:
    • 0.00
  • Square Footage Total:
    • 0.00
Neighborhood info courtesy of Homes.com © 2022

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Laurie Wolberton
Laurie Wolberton
Realtor
2310 Dorothy Avenue Louisville KY 40205
request more info.
38.16163 -85.761696

6614 Evangeline Ave LOUISVILLE, KY 40214

315715028 38.16163 -85.761696 137 /listing/315715028-150122720/6614-evangeline-ave-louisville-ky-40214 False 0 3350000.0 49231 105 1612395 False
  • $3,350,000
  • 49,231 sqft
  • Est payment $17983.52/mo