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28938299
28938300

615 S 44th St, Louisville, KY 40211

JJ
KY KY 246944
Colliers
RW
KY 60187
Colliers
Listed by Colliers
$3,095,000
172 days on market
Updated 8 days ago

48 Unit Multifamily For Sale

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 42,686
Units 48
Price per SqFt $73
Broker Co-Op Yes
Year Built 1949
Zoning Residential
Parking Spaces spaces
Investment Type Value Add

Multifamily | 48 Units | $64,479/unit

Marketing description

This offering includes 607, 627, and 649 S. 44th St. This 48 unit workforce housing opportunity is located in Louisville's Shawnee neighborhood. The all-brick buildings are just one block from Shawnee Park and are situated in the midst of a dense single family residential neighborhood.

The property is well maintained and has undergone improvements over the past several years that includes unit turns, new roofs and many windows. It is separately metered for gas and electric, so there is limited landlord utility exposure.

Property Highlights:

: 48 2bd/1ba units

: High demand location for workforce housing

: Upside potential via the below market rents and vacancies

: Separately metered for gas & electric service

Access to Deal Room: https://connect.prgproperty.com/deal-room/349?signature=62cf0249bf275beeb8da667d717b9eb6c2084de7b83fe41b86d70250db4641e8

Listing Contacts

JJ
KY KY 246944
Colliers
RW
KY 60187
Colliers
Listed by Colliers

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Additional Information

Name
Jenny Johnston
License
KY 246944
Brokerage Phone
5026451729
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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