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Key Details
Sold Price $520,000
Property Type Multi-Family
Sub Type Quadplex
Listing Status Sold
Purchase Type For Sale
Square Footage 5,300 sqft
Price per Sqft $98
MLS Listing ID 1619676
Style Other
Year Built 1965
Property Sub-Type Quadplex
Property Description
Get these cash flowing 8 - 1 BR apartments now! Two all brick four plex's have had tons of upgrades and we are getting top dollar rents! Owner is responsible for garbage, water and common electric.
5112 Gross rents are $2639 a month and 5116 gross rents are $2793 a month for a total of
$5432.00 a month.
Seven of the 8 units have been recently updated and several mechanicals are brand new! All electric panels were replaced in the 5112 building in 2020. A new hot water heater was installed in April of 2022 in 5112 #3. November of 2021 a new furnace and AC installed in 5116. New paint and luxury vinyl flooring was installed in all 7 units, several units have had all new plumbing and bathroom upgrades as well! Monthly bills are $75 a month trash per building, $35-45 a month house electric per building, and average water bill is $800-1100 every two months for both buildings.
Location
State KY
County Jefferson
Interior
Heating Electric, Forced Air, Natural Gas
Cooling Central Air
Exterior
Exterior Feature Porch
View Y/N No
Roof Type Shingle
Building
Structure Type Brick
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