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Off market
  • $128,700

    4616 Southern Pkwy, Louisville, KY 40214

    --beds
    0baths
    2,688sqft
    MultiFamily
    Built in 1935
    -- sqft lot
    $-- Zestimate®
    $48/sqft
    $816 Estimated rent

    What's special

    Attention, Investors! Welcome to 4616 Southern Parkway. A triplex and a stand-alone dwelling with multiple opportunities for a lucrative performance. Live on-site and have your mortgage paid for you through the other three living areas, or live off-site with four separate units providing monthly income in this 2700 square foot home with updated furnace, updated AC, and a covered front porch plus an 864 square foot second home on the same half-acre lot. The first floor of the triplex has at least two bedrooms, an additional large area, a large dining room, and a living room with a decorative fireplace, an eat-in kitchen, and 1.5 baths. Tenants love the 1935 charm along with the new appliances and updated kitchen flooring. The layout provides a great environment for a family, roommates, or just someone who wants a larger living space without the apartment feeling. The second level has an adjoining balcony/deck for two one-bedroom apartments with updated appliances and some updated flooring as well. Tenants can enjoy outdoor relaxation at any level. Behind the triplex, you'll find an entire separate two-bedroom home included with its own parking. Another opportunity for a tenant who wants more privacy. Laundry facilities have been added for tenants in the basement of the triplex. Adding a coin feature would be another income source. The basement itself could be sectioned off into storage areas for increased income. Or, easy conversion to single-family home. The possibilities for this property are many. Gross rent at full occupation has run $3175: A=$1350, B=$650, C=$650, D=$525 (D is definitely at least a $750 property with some updating)

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Forced air, Gas
    Cooling
    • Central, Wall
    Appliances
    • Laundry: Common Area
    Features
    • Flooring: Other
    • Basement: Finished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 2,688 sqft
    • Finished area below ground: 0.00

    Property

    Parking
    • Total spaces: 4
    • Parking features: Carport
    Features
    • Patio & porch: Patio, Porch
    • Exterior features: Stone, Brick
    Lot
    • Size: 0.43 Acres
    Details
    • Parcel number: 053K00820000

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Conventional
    Materials
    • Wood
    • Roof: Composition
    Condition
    • Year built: 1935

    Utilities & green energy

    • Gas: Fuel:Natural
    • Sewer: Public Sewer
    • Water: City Water
    • Utilities for property: Natural Gas Connected, Water Connected, Sewer Connected

    Community & neighborhood

    Location
    • Region: Louisville

    Other

    Other facts
    • Sewer: Public Sewer
    • Roof: Rolled/Hot Mop
    • Heating: Forced Air, Gas Heat
    • BuildingFeatures: Laundry Facility
    • HeatingYN: true
    • Utilities: Natural Gas Connected, Water Connected, Sewer Connected
    • CoolingYN: true
    • ExteriorFeatures: Patio, Balcony, Porch
    • PatioAndPorchFeatures: Patio, Porch
    • BusinessType: Residential
    • ConstructionMaterials: Stone, Brick
    • PropertyAttachedYN: true
    • ElectricOnPropertyYN: True
    • FarmLandAreaUnits: Square Feet
    • LivingAreaSource: Other
    • ParkingFeatures: Covered
    • CoveredSpaces: 0
    • Cooling: Central Air, Wall/Window Unit(s)
    • BelowGradeFinishedArea: 0.00
    • LaundryFeatures: Common Area
    • AssociationAmenities: Laundry, Additional Strg
    • PetsAllowed: false
    • CultivatedArea: NaN
    • PastureArea: NaN
    • WaterSource: City Water
    • WoodedArea: NaN
    • Gas: Fuel:Natural
    • NumberOfUnitsTotal: 4.0000
    • LeaseTerm: Varied
    Services availability