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Archived over 4 years ago

$40,000

6+ bd 4+ ba 3048 sqft

1921 West Chestnut street , Louisville , KY 40203

Residential Triplex Needs Repairs Off MLS

Current Rent **

N/A

Projected Rent **

N/A

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Unit 1 Details
  • Current Rent:
  • Bedroom: 3 bd
  • Bathroom: 2 ba
  • Square Footage: 3048 sqft
  • Occupied: No
  • Needs Repairs: Yes
  • Off MLS: Yes
Unit 2 Details
  • Current Rent:
  • Bedroom: 2 bd
  • Bathroom: 1 ba
  • Square Footage: 0 sqft
  • Occupied: No
  • Needs Repairs: Yes
  • Off MLS: Yes
Unit 3 Details
  • Current Rent:
  • Bedroom: 1 bd
  • Bathroom: 1 ba
  • Square Footage: 0 sqft
  • Occupied: No
  • Needs Repairs: Yes
  • Off MLS: Yes

Great buy and hold or flip

This property needs work. It has 3 water and 3 electric meters and the floor plan supports 3 different units. Unit 1 would be 3 Bed 2 bath, unit 2 would be 2 bed 1 bath, unit 3 would be 1 bed 1 bath. This property is located 1.2 miles from Louisville downtown. As a regular rental once isn finished should bring a total of 2500 a month in rent or 8k to 10k on Airbnb. Please feel free to contact me for more information like comps for rent and for sale. My phone number is 7862916613

Location:

1921 West Chestnut street , Louisville , KY 40203

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.