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.
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