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    4214 Southern Pkwy

    Louisville, KY 40214
    • $290,000
    • STATUS: Active
    • ON SITE: 90 days
    • ID#: 1577380
    UPDATED: 58 min ago
    $290,000
    • 5
      BEDS
    • 0.23
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    • 2,615
      SQFT
    • $111
      $/SQFT
    Neighborhood:
    None
    Type:
    Single-Family Home
    Built:
    1961
    County:
    Jefferson
    Area:
    Dtwn Old Louisville/Shively/West Lou

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    Description

    HUGE 19.8% Cash on Cash return.TENANT OCCUPIED.REQUIRES 48 HOUR NOTICE TO SHOW.Investor opportunity. Beautiful renovated rental property Main house unit and a 2nd Carriage house unitCurrent rent is $3,075 per month$26,945.69 NET OPERATING INCOME.At list price it offers a very strong 9.3% CAP rate. If financed with 20% down/20 yr AM at 3.75% it produces $11,505.65 positive cash flow.Owners have consistently signed new lease before incurring any vacancy with the previous tenantCurrent lease expires on 7/20/22 on the main house.Carriage House lease expires on 6/14/22.The main house is 2,615 sq ft of finished space. Carriage house is a 2 bedroom 1 bath 640 sq ft.

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    © 2021 Metro Search Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search, Inc. Real estate listings held by brokerage firms other than Impact Homes Group | Keller Williams Realty Louisville are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about each listing includes the name of the listing broker. Data last updated: 2021-04-15T09:58:23.73.
    www.impacthomesearch.com/homes/113275931
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    4214 Southern Pkwy Louisville, KY 40214

    • Price: $290,000
    • Status: Active
    • Updated: 58 min ago
    • ID#: 1577380
    5
    Beds
    3
    Baths
    0
    ½ Baths
    0.23
    Acres
    2,615
    SQFT
    $111
    $/SQFT
    1961
    Built
    Neighborhood:
    None
    County:
    Jefferson
    Area:
    Dtwn Old Louisville/Shively/West Lou
    Property Description
    HUGE 19.8% Cash on Cash return.TENANT OCCUPIED.REQUIRES 48 HOUR NOTICE TO SHOW.Investor opportunity. Beautiful renovated rental property Main house unit and a 2nd Carriage house unitCurrent rent is $3,075 per month$26,945.69 NET OPERATING INCOME.At list price it offers a very strong 9.3% CAP rate. If financed with 20% down/20 yr AM at 3.75% it produces $11,505.65 positive cash flow.Owners have consistently signed new lease before incurring any vacancy with the previous tenantCurrent lease expires on 7/20/22 on the main house.Carriage House lease expires on 6/14/22.The main house is 2,615 sq ft of finished space. Carriage house is a 2 bedroom 1 bath 640 sq ft.
    Exterior Features

    Construction BrickVinyl Exterior Porch Fencing Chain LinkPartial Foundation Poured Concrete Garage Parking DrivewayNoneOff-Street Parking Lot Description Level Roof Shingle Style Traditional

    Interior Features

    Above Grade Finished Sq Ft 1785.00 Above Grade Unfin Sq Ft 0.00 Basement Partially Finished Below Grade Finished Sq Ft 0.00 Below Grade Unfin Sq Ft 0.00 Closets Basement 1 Closets Level1 2 Closets Level2 3 First Floor Master Yes Heating Cooling Central AirGas Heat Nonconform Sq Ft Fin 830.00 Nonconform Sq Ft Unfin 0 Rooms Kitchen (B Level) Kitchen (1 Level) Family Room (1 Level) Primary Bedroom (1 Level) Bedroom (B Level) Bedroom (2 Level) Bedroom (2 Level) Bedroom (2 Level) Dining Area (B Level) Dining Area (1 Level) Full Bathroom (B Level) Full Bathroom (2 Level) Full Bathroom (1 Level) Laundry (1 Level) Other (1 Level) Total Baths 3.00 Total Closets 6.00 Total Fireplaces 0.00 Total Rooms 11 Total Unfin Sq Ft 0.00

    Property Features

    City Tax Buyer To Verify County Tax Buyer To Verify Disclosure Yes Hoa Fee No Lot Sq Ft Source Pva Residential Sub Type Single Family Residence Sq Ft Source List Agent Utilities Electricity ConnectedPublic SewerPublic Water

    Listing provided courtesy of Beck Realty Group. © 2021 Metro Search, Inc. All rights reserved.


    © 2021 Metro Search Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search, Inc. Real estate listings held by brokerage firms other than Impact Homes Group | Keller Williams Realty Louisville are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about each listing includes the name of the listing broker. Data last updated: 2021-04-15T09:58:23.73.
     
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    Impact Homes Group | Keller Williams Realty Louisville
    6106 Dutchmans Lane
    Louisville KY, 40205