Rental Property Investor · Louisville, KY · Member since 2016 · 77 posts · 18 votes
If you are wanting to get into the apartment game, this might be for you! This apartment building contains 6, 2bed/1bath units. The building is currently fully rented. Several of the tenants have been there for several years.
This building has been neglected and needs repairs and rehab – thus the reason for the significantly reduced price. The Roof needs to be replaced. It has leaked over time and the top two apartment units have water damage to some of the sheetrock and flooring. This building is solid brick and the foundation is sound. Each unit is separately metered for LG&E. If you like west end rentals – there is no doubt this will be a cash flowing BEAST! The price reflects the condition of the property and the need for repairs. This will be sold “as is” for cash or hard money only.
Please check the link for details and phone number.