4217 Southern Pkwy, Louisville, KY 40214

$?
6
BD
3
BA
2,878
SqFt
Sold Price
$?
List Price
$300,000
Closing Date
Apr 05, 2021
MLS#
1577381
Status
CLOSED
Type
Single Family Residential
City
Louisville
Area
1 - Downtown / Old & West Louisville / Shively
County
Jefferson
Bedrooms
6
Bathrooms
3
Living Area
2,878
Lot Size
9,583
Year Built
1924

Property Description

HUGE 14.4% Coc return & 10% CAP rate WE HAVE FINALLY MADE THIS PROPERTY AVAILABLE TO SHOW AS OF 3/1/21 Investor opportunity. Renovated rental property. Current rent is $3,000 per month. $29,567.72 NOI. At list price it offers a very strong 10% CAP rate. If financed with 20% down/15 yr AM at 3.75% it produces $8,627.72 positive cash flow. Current lease expires 6/30/22 Tenants pay all utilities SELLER ALSO HAS 8 OTHER RENTAL PROPERTY LISTINGS: MLS #S ARE AS FOLLOWS 1577379,1577347,1577380,1577381,1577382,1577375,1577376,1577277,1577378

Additional Information

Acres
0.22
Basement
Partially Finished, Walkout Part Fin
Exterior
Porch, Deck
Fencing
Full, Chain Link
Foundation
Concrete Blk
Living Area
2,878
Parking
Detached, Entry Front
Region
1 - Downtown / Old & West Louisville / Shively
Stories
2
Subdivision
Wilder Park
Utilities
Electricity Connected, Fuel:Natural, Public Sewer, Public Water

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Beck Realty Group. Selling Office: .