Average square foot calculated using Size range provided by listing agent.
Description
VALUE ADD DEAL! This 16-unit property of one bedrooms has gross rents of $166, 080 annually. Annual gross income can be improved with capital improvements. Electric and gas are separately metered and landlord pays water, sewer & drainage. Property is located in the desirable area of Brownsboro Road corridor just 3 blocks from Zorn Avenue and adjacent to the historic and charming neighborhood of Riedlonn. Property is also near the entertainment corridor of Frankfort Avenue and Saint Matthews. Similar properties in the area have sold for $125, 000 per unit. Carports and full basement with storage lockers and washer/dryers for resident's use. Also has secure maintenance shop in basement.