4502 Fegenbush Ln - Residential Income FOR SALE


Louisville, KY 40228- Buechel
$295,000 USD
502-229-0166
4502 Fegenbush Ln, Louisville, KY for Sale
$295,000 USD
Residential Income - FOR SALE
1/39
null | 13.02% Cap Rate

NEW


4502 Fegenbush Ln
Louisville, KY 40228
Buechel


HIGHLIGHTS

  • Turnkey 6 bed, 3 full bath boarding house, sober living home, rent buy room, etc
  • Large paved parking lot in rear
  • High traffic area

OVERVIEW

**Investors take notice** Must see residential office opportunity! Located on a .78 acre OR-1 zoned corner lot near the new WAWA. The building consists of a large 2 story home that is currently set up as 6 bedrooms, 3 full bathroom sober living / boarding house. There's a large paved parking lot in the rear for 10+ vehicles. It could easily be reconfigured into a busy office spacy or a live-work scenario. OR-1 zoning permitted uses available upon request. The previous tenant vacated on 3/31 and was paying $3700/mth. Seller has the ability to make significant repairs or improvements for the right buyer or tenant. This is an excellent value add opportunity for a creative buyer. Current owner has made several recent improvements to the property such as refinished hardwood floors throughout most of the house, full bathroom addition on 1st floor, new sewer line, and more. MLS Link below.

FOR SALE DETAILS

PRICE

$295,000 USD

PRICE/SF

$134 USD /SF

CAP RATE

13.02%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

OR-1 Zoning on Bardstown Rd & Fegenbush Lane

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

ADD'L SUBTYPES

Storefront Retail/Residential, Apartments, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1945

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

061800430000

ASK ABOUT THIS PROPERTY

Samuel AultUnited Real EstateMore Info
502-229-0166

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Samuel AultUnited Real EstateMore Info
502-229-0166

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.