This building has been professionally managed for decades. It was previously 100% occupied by long term tenants for over three years at $3,875/month combined rents. The current owners decided to vacate the building to allow for the next buyer to make improvements and lease up at market rates (PMOL predicts a minimum of $850/mth or $4,250 combined). The current owners have replaced the roof and added mini split HVAC systems. 4 of the 5 units have been recently cosmetically renovated. The value add opportunity: separate electric meters. Current owners are in the process of obtaining bids to allow the new owners to easily make this investment into the building. There's plenty of room in the rear to create off street parking via alley access. This large, brick and stone building has great bones and spacious, in demand units. Property Mgmt of Louisville is ready to lease up the building for the next owner. Historical rent roll, pro forma financials, and rent comps are available upon request.