Income-producing investment property currently leased to a recovery housing operator generating $5,500 per month in rental income. The property features a large residential structure and detached storage/garage building. Jefferson County PVA currently classifies the property as apartments; however, buyers should independently verify zoning, density, and future intended uses. Suitable for investors seeking cash flow, recovery housing operators, transitional housing providers, workforce housing, or other specialty residential uses.
| MLS # | 1719228 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1910 |
| Days On Site | 126 |
| Listing Provided By | Real Broker, LLC | Denise Wisdom |
| SQ Feet | 3,705 |
|---|---|
| Units | 8 |
| Acreage | 0.13 |
| State | KY |
|---|---|
| County | Jefferson |
| City | Louisville |
| Zip Code | 40208 |
| Area | 01 Dtwn Old Louisville | Shively | West Lou |
| Community Name | CHURCHILL |
| Listing VS Median (in CHURCHILL) | |
Price: $500,000 low | high Med: $214,000 sqft: 3,705 low | high Med: 2,260 $ / sqft: $135 low | high Med: $95 On site: 126 low | high Med: 182 | |
| State | KY |
|---|---|
| County | Jefferson |
| City | Louisville |
| Zip Code | 40208 |
| Area | 01 Dtwn Old Louisville | Shively | West Lou |
| Community Name | CHURCHILL |
| Listing VS Median (in CHURCHILL) | |
Price: $500,000 low | high Med: $214,000 sqft: 3,705 low | high Med: 2,260 $ / sqft: $135 low | high Med: $95 On site: 126 low | high Med: 182 | |