3000 S 5TH ST LOUISVILLE KY 40208
Turnkey Recovery Housing Investment | $66,000 Annual Income | Louisville, KY
Marketing description
Income-producing investment property currently leased to a recovery housing operator generating $5,500 per month in rental income. The property features a large residential structure and detached storage/garage building.
Jefferson County PVA currently classifies the property as apartments; however, buyers should independently verify zoning, density, and future intended uses. Suitable for investors seeking cash flow, recovery housing operators, transitional housing providers, workforce housing, or other specialty residential uses.
Investment highlights
Investment Highlights
$5,500/month gross income
$66,000 annual gross income
Occupied by recovery housing operator
Detached storage/garage building
PVA classified as apartments
Strong in-place cash flow
Flexible future use potential
Minutes from Churchill Downs and UofL
Large residential structure
Established operating history
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