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1525 Anderson Street, Louisville, KY
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1525 Anderson Street
Louisville, KY 40210 - California MF Submarket
Number of Units:
.17 AC (7,405 SF)
For Sale Price:
This is a nine-plex located on the west side of Louisville. It has separate utilities including the water. There are six 2-bedroom 1-bath town home style units and three 1-bedroom 1-bath units, with good long-term tenants.
This 9 unit multifamily investment property is a couple of blocks away from the new Wal-Mart to be constructed at Dixie Hwy and Broadway.
There are two buildings on this one corner tract. A 6-unit building with 2 bedroom townhouse units that are separately metered for gas, electric AND water. And a 3-unit building with 1 bedroom units separately metered for electric and gas.
The 2-3 block area has seen many new construction single family homes.
The upcoming construction of the new Wal-Mart and anticipated redevelopment of the surrounding area should provide an opportunity to increase rents moving forward.
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