$529,000
Est. payment /mo
8 Beds
4 Baths
4,665 SqFt
Coming Soon
7017 Main St Westport, KY 40077
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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 4,665 sqft
Price per Sqft $113
MLS Listing ID 1733618
Style Other
Bedrooms 8
HOA Y/N No
Abv Grd Liv Area 3,690
Year Built 1996
Lot Size 1.600 Acres
Acres 1.6
Property Sub-Type Quadruplex
Source APEX MLS (Greater Louisville Association of REALTORS®)
Land Area 3690
Property Description
A RARE opportunity for an investor to add a very profitable Oldham County multi family property to their portfolio. Opportunities like this in Oldham County are few and far between. With 95%+ occupancy over 10 years, excellent current tenants, and a waiting list for Oldham County apartments, this property is absolutely worth consideration. 3 of 4 units have been completely updated and are currently rented BELOW market rent. 3 new HVAC units, tons of updates, room to build additional units in the future, easy maintenance. This property is a no brainer for the smart long term investor. Listed at a 7 percent CAP rate based on current rents, with room to increase rents. Rent Roll and Profit/Loss statement available to Realtors. Unrepresented investors, please reach out to listing agent rent roll and profit/loss documentation. Investor Open House on Friday, Nov 6th, from 5-6pm. One vacant unit for showings. Don't wait. This property will not last long.
Location
State KY
County Oldham
Direction Highway 524 to Westport. Property on left.
Interior
Cooling Central Air
Exterior
Exterior Feature None
View Y/N No
Roof Type Shingle
Porch Deck, Porch, Wrap Around
Garage No
Building
Building Description Vinyl Siding,Stone Veneer, Pets Allowed
Sewer Public Sewer
Water Public
Architectural Style Other
Structure Type Vinyl Siding,Stone Veneer

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