UPDATED:
Key Details
Property Type Multi-Family
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 3,448 sqft
Price per Sqft $101
MLS Listing ID 1705031
Style Other
Bedrooms 8
HOA Y/N No
Abv Grd Liv Area 3,448
Year Built 1924
Lot Size 0.630 Acres
Acres 0.63
Property Sub-Type Apartment
Source APEX MLS (Greater Louisville Association of REALTORS®)
Land Area 3448
Property Description
A rare combination of a renovated single-family home plus a quadplex on one expansive lot. The front home offers 4 bedrooms, 2 full baths, and an unfinished basement, recently updated throughout and currently leased at $1,800/month, providing immediate, stable income.
At the rear of the property sits a four-unit 1BR/1BA building, each with strong rental upside. While the quadplex could benefit from light updating, market rents in the area support $750 per unit, positioning this asset for impressive cash-flow growth.
Whether you're looking to expand your rental portfolio or house-hack with appreciation in mind, this property delivers a rare combination of current income, value-add potential, and long term equity
Location
State KY
County Jefferson
Direction Go south on Dixie Hwy from Watterson Turn Left onto Meyers Ln Property is on your left
Interior
Heating Natural Gas
Cooling Central Air, Wall/Window Unit(s)
Exterior
Exterior Feature See Remarks
View Y/N No
Roof Type Shingle
Porch Porch
Garage No
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Structure Type Vinyl Siding,Brick Veneer,Block
"I have spent nearly 2 decades becoming an expert in Southern Indiana market trends and influences. Now, I'll put my considerable market background to work for you, helping you to identify the best deals, and price your home accurately to assure a quick sale, while maximizing profit. "
8610 Chapel Hill Court, Charlestown, Indiana, 47130, USA
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