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$750,000
Est. payment /mo
10,035 SqFt
New
1701 Hale Ave Louisville, KY 40210
UPDATED:
11/07/2024 05:49 PM
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 10,035 sqft
Price per Sqft $74
MLS Listing ID 1674408
Style Other
HOA Y/N No
Abv Grd Liv Area 10,035
Originating Board Metro Search (Greater Louisville Association of REALTORS®)
Year Built 1900
Property Description
Incredible investment opportunity in the booming market of Louisville, KY! If you have ever wanted to own your own BLOCK-THIS IS YOUR CHANCE! This opportunity represents a whopping 5 different properties (on one parcel)! There are 4 duplexes and a single family home included and they boast nearly every unit mix imaginable-meaning your possible tenant base is nearly EVERYONE! This opportunity has studio apartments, 1 bedroom apartments, 2 bedroom apartments and even 3 bedroom apartments! If that isn't enough to get you excited, let's talk about how every unit has been renovated-meaning the maintenance cost should be non-existent for a new owner-increasing cash flow! Speaking of cash flow-if you choose to target Section 8 tenants, the gross rental potential represents an INCREDIBLE 1.5% gross monthly return-over $11,000/month (according to the 2025 HUD FMR values)! This is the perfect property to ring the new year in with as it could single handedly generate 6 figures in gross revenue for you! EVERY. SINGLE. YEAR. This property also features something incredibly rare in the Louisville, KY market--a private courtyard! Only shared by these properties! Be sure to book your showing TODAY before it's gone!
Location
State KY
County Jefferson
Direction I-64 tp exit 4 onto Roy Wilkins Ave. Go for 1.6 miles. Take ramp onto W Oak St and go for 1.1 mi. Turn right onto S 17th St. Turn left onto Hale Ave.
Interior
Heating Natural Gas
Exterior
Exterior Feature Balcony, Porch
View Y/N No
Roof Type Shingle
Garage No
Building
Architectural Style Other
Structure Type Wood Frame,Vinyl Siding,Brk/Ven
Copyright 2024 Metro Search, Inc.
Listed by Keller Williams Louisville East