Great income producing apartments, 9 units on Strawberry Lane. The property consist of 2 4 plex style buildings sitting on 2 parcels and another unit above the garage located at the 6434 location. The garage and unit are leased otgether for $1,000 a month. The 4 plex located at 6434 Strawberry Lane rents for $2,775 and the 4 plex located at 6436 Strawberry Lane rents for $2,880; monthly gross rents are $6,655 monthly. Previous Owner and current Owner have completed many updates. Multiple Furnaces, Condensers, and window AC units have been replaced. Windows in 6434 building were all replaced between 2019/2020, 6436 building the soffitts and gutters were replaced in 2017. Current Owner has remodelled 5 apartments, updated numerous cast iron plumbing lines with PVC, and numerous other updates over the faew few years. Turnover time is very quick, when a tenant moves out we have a tenant in place ready to go before the unit is even ready. Rents still have plenty of room for improvement. There are 3 long term tenants from previous Owner, all other tenants management has placed and we have great tenants! All units are fully leased vacant photos were from recent renovations when we had move outs. The 6436 building has hardwood flooring and a huge walk-in-closet in the bedroom. The 6434 building has carpet flooring and the bedroom has double closets.
Good Investment Opportunity. Apartment building across from Churchill Downs. Very close to University Of Louisville. Can be either 4 efficiency units with full baths and kitchenette each , OR 2 separate units with two full baths each. Alley access of-street parking with 2 car garage. Full front porch and 2nd floor deck. Great rental prospects for Churchill Downs employees/Visitors and U of L students.
Great opportunity with this tri-plex near Churchill Downs! All units rented and on leases. Updated to include 90% efficient furnace. Shared laundry in the basement. Unit 1 is 2 bedrooms, 1 bath w/deck access and driveway. Unit 2, second level is 1 bedroom, 1 bath. Unit 3, basement, is 1 bedroom, 1 bath. All rents need to be raised to market rents. Rents can be raised with 60 day notice according to leases in place. All rents include utilities. Utilities run about $400/month. Large fenced backyard.
The median home value in Louisville, KY is $229,700. This is higher than the county median home value of $227,100. The national median home value is $338,100. The average price of homes sold in Louisville, KY is $229,700. Approximately 54.42% of Louisville homes are owned, compared to 35.94% rented, while 9.65% are vacant. Louisville real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Louisville real estate agent to arrange a tour today!
Louisville, Kentucky 40214 has a population of 630,260. Louisville 40214 is less family-centric than the surrounding county with 22.76% of the households containing married families with children. The county average for households married with children is 26.68%.
The median household income in Louisville, Kentucky 40214 is $58,357. The median household income for the surrounding county is $61,633 compared to the national median of $69,021. The median age of people living in Louisville 40214 is 37.6 years.
The average high temperature in July is 87.6 degrees, with an average low temperature in January of 25.5 degrees. The average rainfall is approximately 46.2 inches per year, with 8.7 inches of snow per year.