Updated: Feb 6
1622 Cedar St., Louisville, KY 40203
5 Units @ $5K A UNIT! • Assignable Contract Available!
EXCELLENT BUY-N-HOLD MUTLI-FAMILY OPPORTUNITY!
Asking : $25,000.00 OBO
ARV : $125,000.00 (Based on Ave. Unit Price)
Fair Market Rents : $3,000.00 @ $600 Per Unit (Rent-O-Meter)
(5) 1 Bed / 1 Bath Units
Built in 1900 / Age Unknown (According to PVA)
1/2 Crawl + 1/2 Slab
9'+ Ceilings Throughout
(1) Unit OCCUPIED @ $500 Monthly / (4) Units VACANT
Common Water / Common Electric / Common Gas (Landlord Pays Utilities)
Structure Overall Acceptable Condition / Rehab Needed
What We Like:
Right in the path of Development with Multiple new builds on the block.
Directly on Bus Lines with easy access to Commerce and Employment.
BIG Equity Upside Potential!
Way Below Market Value with Awesome Cash on Cash Potential!
$1,000.00 : Earnest Money Deposit
DO NOT DISTURB CURRENT RESIDENT(S) IN REAR UNIT
Property is Sold AS-IS; Buyers perform your own due diligence.
We are in possession of an Assignable Contract that allows us to market this property. All information provided by 502Rentals.com is for informative purposes only, is not binding and should not effect buyers own due diligence process or final decision to purchase.
1607 Algonquin Pkwy, Louisville, KY • $150,000.00 • 05/2020
2032 W. Market St., Louisville, KY • $135,000.00 • 10/2019
VIEW VIDEO WALKTHROUGH
FOR MORE INFORMATION OR TO ACCESS THIS PROPERTY
Call or Text : (502) 702-7259
eMail : Dillon@502Rentals.com
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