4201 Southern Pkwy

Multi-Family
Pending

4201 Southern Pkwy, LouisvilleKY 40214

Property Details

Location

Address
4201 Southern Pkwy, LouisvilleKY 40214
County
Jefferson
Submarket
Parcels
055J00300000

Building Size

Building Size
Rentable Space
3,473 SF

Building Details

Type
 Multi-Family  
 Pending
Number of Buildings
Number of Units
2
Occupancy Type
Single Tenant
Percent Occupied
Building Class
Building Status
Existing
Floors
2
Year Built
1926
Year Renovated
2019
Sprinklers
Parking Ratio

Land & Utilities

Sanitary Sewer
Yes
Water
Yes
Rail Service
No
Zoning
R-5
Lot Depth
Lot Width

Contacts

Current Listings

Beautifully Renovated Duplex Fully Occupied

3,473 SF$380,000
Cap Rate: 9.7%

4201 Southern Pkwy 2 UNITS DUPLEX w/garage

#1 6 bedroom 2 bath 2,484 sq ft. rent $3,000 occupied washer/dryer in unit

lease term 7/15/20-7/14/22-$3,000 deposit

#2 1 bedroom 1 bath 989 sq ft. rent $700 occupied washer/dryer in unit

lease term 7/15/20-7/14/22-$700 deposit

$37,008.21 NOI

9.7% CAP rate. If financed with 20% down/15 yr AM at 4.75% it produces $8,632.89 positive cash flow

Tenants pay all utilities

4201 Southern Pkwy 2 UNITS DUPLEX w/garage

#1 6 bedroom 2 bath 2,484 sq ft. rent $3,000 occupied washer/dryer in unit

lease term 7/15/20-7/14/22-$3,000 deposit

#2 1 bedroom 1 bath 989 sq ft. rent $700 occupied washer/dryer in unit

lease term 7/15/20-7/14/22-$700 deposit

$37,008.21 NOI

9.7% CAP rate. If financed with 20% down/15 yr AM at 4.75% it produces $8,632.89 positive cash flow

Tenants pay all utilities

View Details
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Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

CIE

Source: KCREA

More Information

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