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4214 Southern Pkwy
Louisville, KY 40214

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Property Details


List Price: $290,000
Beds: 5
Baths: 3
Status: Active
SqFt: 2615
Agency: Beck Realty Group

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Description/Comments


Lot Size: --
Property Type: Residential
Year Built: 1960
Notes: HUGE 11.6% Coc returnWE HAVE FINALLY MADE THIS PROPERTY AVAILABLE TO SHOW AS OF 3/1/21Investor opportunity. Beautiful renovated rental property Single Family unit and a 2nd Carriage house unitCurrent rent is $3,075 per month$26,945.69 NOIAt list price it offers a very strong 9.3% CAP rate. If financed with 20% down/15 yr AM at 3.75% it produces $6,701.69 positive cash flow.SELLER ALSO HAS 8 OTHER RENTAL PROPERTY LISTINGS: MLS #S ARE AS FOLLOWS 1577379,1577347,1577380,1577381,1577382,1577375,1577376,1577277,1577378Current lease expires SFR 7/20/21. Carriage House 6/15/21.SFR is 2,615 sq ft of finished space. Carriage house is a 2 bedroom 1 bath 640 sq ft.


Listing Provided By: Beck Realty Group, original listing
Office Phone: (502) 471-4419
Agent Name: Shawn Owens
Disclaimer: Copyright © 2021 Greater Louisville Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Local Mortgage Pro

Mark Meath NMLS#309773
Banner Bank
Mobile: (253) 312-3022
Office: (253) 604-2209

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