16 Unit “Old Louisville” - Trophy Asset - Investment Opportunity!!
Refinished hardwood floors, long-term ownership / self-managed. The building consists of: 14 (1 bedroom - 1 bath apartments) & 2 (Studio apartments). All 16 units are individually metered, tenants pay all utilities, updated double pane windows, window units, updated panel boxes and furnaces. Very large basement with laundry hook-ups & 16 storage lockers for additional revenue possibilities.
This building has a desirable location – excellent for your UofL student. The building is located in the heart of Old Louisville, close to UofL Cardinal Towne, minutes to Churchill Downs, Downtown and easy convenient access to I-65. Excellent opportunity for higher rent revenue. Any questions contact listing agent.
• Roof ~ 12 years
• Refinished hardwood floors
• Updated double pane windows
• 16 Separate water heaters
• 16 Separate furnaces, window units
• 16 Storage unit spaces in basement
• Laundry hookups in basement
• Water bill prorated back to tenants
• Self-managed property
• Tenants pay electric/gas
• Apt types: (14 - 1 bed, 2 – studios)