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$ 225,000
Est. payment /mo
Active
3722 Vermont Ave Louisville, KY 40211
8 Beds
3 Baths
2,880 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,880 sqft
Price per Sqft $78
MLS Listing ID 1687510
Bedrooms 8
HOA Y/N No
Abv Grd Liv Area 2,880
Year Built 1928
Lot Size 5,662 Sqft
Acres 0.13
Property Sub-Type Triplex
Source Metro Search (Greater Louisville Association of REALTORS®)
Property Description
Attention - New investors or investors seeking to add to their portfolio. Potential of Monthly Income of $2750 Market rent to $3750 Subsidized rent. Seller is willing to contribute to Temporary Rate Buydown with Buyers purchasing with financing or towards closing costs & prepaid expenses for all buyers. This Triplex on Vermont Ave, is equipped with appliances and units are all open, ready for your selection of renters. You will own on a desirable, fenced-in corner lot on a bus route. Two spacious 2Br/1Ba units are on the 1st floor and a huge 4Br/1Ba encompasses the whole upstairs. The building would be ideal for experienced investors or owner-occupants prepared to make improvements. Drive by or view on the map the benefits of being located near Shawnee Park, Waterson Expressway, the new Norton Sports facility, and many nearby schools. Parking is on the street with a potential parking pad off the alley. AC is window units only, Furnaces for Heat. Seller is retiring and also has single family homes available to purchase separately or as a package. Seller is not interested and will not consider owner financing.
Highlights: Unfinished Basement: Generous storage space for potential additional revenue. Corner Lot: Fenced-in front yard, expansive backyard. Seller has enjoyed consistent income with long-term renters for years. Potential for property improvements.
Highlights: Unfinished Basement: Generous storage space for potential additional revenue. Corner Lot: Fenced-in front yard, expansive backyard. Seller has enjoyed consistent income with long-term renters for years. Potential for property improvements.
Location
State KY
County Jefferson
Direction Right onto W Muhammad Ali Blvd, Left onto Amy Ave, Left onto Vermont Ave.
Interior
Heating Electric, Forced Air
Cooling Wall/Window Unit(s), None
Exterior
Exterior Feature None
View Y/N No
Roof Type Shingle
Garage No
Building
Lot Description Corner Lot
Water Public
Structure Type Concrete,Brick
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Listed by Semonin REALTORS