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Property Management of Louisville

Business Address
1815 Frankfort Ave,
Louisville, KY 40206
Mailing Address
PO Box 7992,
Louisville, KY 40257

3915 Southern Pkwy $129,900 $120,000

Attractive building with great curb-appeal featuring four rental
units located on a beautiful stretch of tree-lined Southern Parkway! Close to
the University of Louisville (excellent pipeline for renters), Churchill Downs,
shopping, and dining with easy access to bus-lines. Opportunity to increase rent
and net operating income in the future. Unit #1 is a two-story, 1,372 sqft
apartment with hardwood floors, two bedrooms, 2 baths, and an additional dining
room with a closet that is currently used as a third bedroom--Currently rented
for $650/month. Unit #2 has 895 sqft of living space, shotgun-style, with one
bedroom and one full bath--Currently rented to long-time, loyal tenant for
$395/month. Unit #3 is a second-floor unit with one bedroom, one full bath and
868 sqft of living space. Currently rented for $410/month. Unit #4 is a
studio-style space on the third floor, 500 sqft of living space with staircase
access to third floor private entrance on rear-side of building. Includes a
full-bath, kitchen, closet, semi-separate living and bedroom areas. Skylight in
Unit #4 allows for additional sunlight--Currently rented for $410/month. Units
are each metered separately (with exception that units #1 & #4 share gas
line). Units #3 and #4 have independent heating and cooling units. Owner
currently pays water bill for all tenants. Excellent opportunity for investor!
Currently managed by professional management company. One-car, detached garage
that could be rented for tenant use or storage. Seller holds an active Real
Estate license in the state of Alabama.


3915 Southern Parkway
Louisville, Kentucky
United States
Sale Type: Sold
Category: Investment
3915 Southern Parkway
Louisville, Kentucky
United States
Sale Type: Sold
Category: Investment

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3915 Southern Parkway
Louisville, Kentucky
United States
Sale Type: Sold
Category: Investment

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3915 Southern Parkway
Louisville, Kentucky
United States
Sale Type: Sold
Category: Investment
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