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$ 155,000
Est. payment | /mo
5 Beds
3 Baths
2,335 SqFt
$ 155,000
Est. payment | /mo
5 Beds
3 Baths
2,335 SqFt
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,335 sqft
Price per Sqft $66
Subdivision Portland
MLS Listing ID 1721546
Style Traditional
Bedrooms 5
HOA Y/N No
Abv Grd Liv Area 2,335
Year Built 1915
Property Sub-Type Triplex
Source APEX MLS (Greater Louisville Association of REALTORS®)
Land Area 2335
Property Description
Investor opportunity with immediate upside! This fully vacant triplex features (2) 2-bedroom, 1-bath units and (1) 1-bedroom, 1-bath unit, offering the rare chance to renovate, lease at current market rents, and maximize returns from day one. No inherited tenants means you can complete renovations on your timeline and place quality tenants at market rates. According to a Rentometer analysis, there is potential for approximately $2,823 (possibly more) in monthly gross rental income ($33,876 annually). Buyers should perform their own due diligence regarding rental rates and operating expenses. Whether you're looking to BRRRR, add a value-add asset to your portfolio, or house hack by occupying one unit while leasing the others, this property offers outstanding potential. Conveniently located just minutes from Downtown Louisville with easy access to major employers, interstates, and neighborhood redevelopment. Property is being sold As-Is. Bring your vision and unlock the upside!
Location
State KY
County Jefferson
Direction From 64W take exit 3 onto 150 east. then turn right onto w main st.
Interior
Heating Heat Pump
Cooling Wall/Window Unit(s)
Exterior
Exterior Feature None
View Y/N No
Roof Type Shingle
Porch Porch
Garage No
Building
Sewer Public Sewer
Water Public
Architectural Style Traditional
Structure Type Vinyl Siding
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