952 S 6th St, Louisville, KY 40203
See all 23 photos
952 S 6th St, Louisville, KY 40203
952 S 6th St, Louisville, KY 40203
952 S 6th St, Louisville, KY 40203
952 S 6th St, Louisville, KY 40203
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
$ 349,000
Est. payment /mo
Save
Active Under Contract

952 S 6th St Louisville, KY 40203

3,250 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Apartment

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 3,250 sqft

Price per Sqft $107

Subdivision Limerick

MLS Listing ID 1704700

HOA Y/N No

Abv Grd Liv Area 3,250

Year Built 1928

Lot Size 6,534 Sqft

Acres 0.15

Property Sub-Type Apartment

Source APEX MLS (Greater Louisville Association of REALTORS®)

Land Area 3250

Property Description

**Seller offering $5k closing credit** Great opportunity to buy a cash flowing 5 unit building in an excellent rental market in Old Louisville / Limerick. This property stays consistently 100% occupied with total rents = $3,875/mth. All tenants in good standing. Current ownership has invested heavily into this sturdy brick building - notably renovating 4 of 5 units, new roof, and upgrading HVAC to electric mini-split systems in each unit. Units consist of three 1bd units & 2 studio units. All 5 units have spacious layouts and are of high demand. The property has one large water heater and electric panel in the basement. The property is not currently separately metered for electric or water. Therefore, experienced investors will notice there's room for substantial increase in rents & profitability by releasing and/or upgrading to separately metered utilities. Market rent for the updated units is ~$800 + tenant pays electric/gas. The property is professionally managed therefore sellers are not aware of large deferred maintenance items. Original buyer's financing fell through after inspections.**no seller or creative financing**

Location

State KY

County Jefferson

Direction W Breckinridge St to S 6th St, property is on the right across from Ben Washer Park

Interior

Heating MiniSplit/Ductless

Cooling Ductless

Exterior

Exterior Feature None

View Y/N No

Roof Type Asphalt,Flat

Garage No

Building

Lot Description Sidewalk

Sewer Public Sewer

Water Public

Structure Type Brick


Greater Louisville MLS (Metro Search Inc)
Listed by United Real Estate Louisville
Team Pruitt

Team Pruitt

The Real Estate Team | License ID: 196568

+1(502) 442-2030

GET MORE INFORMATION

Name
Phone
Message
NEARBY SCHOOLS & PROPERTIES
Request to tour this home

952 S 6th St