Listed by Hoagland Commercial Realtors
$1,050,000
Central Park 9-Plex
Details
APN 032E00170000
Property Type Multifamily
Sub Type Apartment Building
Square Footage 8,932
Units 9
Price per SqFt $118
Year Built 1890
Year Renovated 2020
Buildings 1
Stories 3
Acreage 0.193
Zoning TNZD
Multifamily | 9 Units
Marketing description
Hoagland Commercial is pleased to present this fully renovated, 9-unit multifamily property in the heart of Old Louisville. Current ownership has renovated all of the units, as well as a wide swathe of long-term Cap-Ex items, including but not limited to the roof, mechanicals, and meters. Located directly across the street from Central Park, this unique offering provides an investor the opportunity to purchase a cash-flowing asset that sits on an irreplaceable site within an historic neighborhood.
The property has on-site parking and laundry, as well as large exterior storage units that can be rented separately, providing additional income opportunities for an investor to capitalize on. The units are a mix of 1-br and 2-br units.
Tenants are responsible for their own electricity, while water consumption is divided based on a pro-rata share as per lease agreements.
Please reach out today with any questions.
Listing Contacts
Listed by Hoagland Commercial Realtors
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