Apartments – 17 units, 2 Br, 1 Bath, Brick Building

$995,000 34 bd, 17 ba, 775 sqft

Owned for over 20 years and previous owner had it for 20 years – Ca$h Cow! One brick building with 3 entries – 17 two bedroom, 1 bath units with walk-in closet in master bedroom.

Residents pay for personal electric and HVAC. New replacement windows put on pause due to government program to make building more energy efficient. Roof replaced Oct 2012 – Owner pays water, housemeter, trash, & basic cable Tv – Utilities average $1,416 monthly.

The “18th” Unit is already plumbed was used a laundry mat over 20 years ago- now a storage area & mechanical room with front and rear access for Water Heater.

Broker/Owner – this property is not listed.   Contact Beth@VistaKY.com  Mike@VistaKY.com

of Proforma for Georgetown Apartments


 

This Property require $5,000 non-refundable earnest money to ensure Buyer completes transaction. Exceptions are title issues. Closing shall occur at Borders & Borders Attorneys in Louisville, KY. Investment property management by Vista Properties Inc. and Vista Realtors, a company of seasoned professionals founded by Mike Butler. There are no implied or expressed guarantees on the pro-forma. Real Estate investments are subject to risk and loss of capital. The pro-forma numbers are projections based on historical data but future performance cannot be guaranteed as markets and economics shift. Rents, property taxes, insurance, loan rates, maintenance, and vacancy costs all vary depending on micro and macro economic factors. Investors should perform their own due diligence in order to best forecast the potential performance of their rental properties. Rates and terms are subject to change and will be based on the applicants credit and financing program chosen. A loan estimate of actual costs will be prepared by the mortgage broker at time of application. Professional home inspections are recommended.   CONTACT BETH@VistaKY.com

Property Details

Price:
$995,000
Address:
3513-17 Georgetown Place
City:
Louisville
State:
Kentucky
Zip Code:
40215
Terms:
For Sale
Property Type:
Apartment
Square Feet:
775
Bedrooms:
34
Bathrooms:
17
Const. Type:
brick

Call Call Beth 502-649-2103 for more details

Property Location

Get On Mike's Cash Buyers List!

Learn more about us and find other resources on buying investment properties with us. Like us, follow us, connect!