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$ 259,000
Est. payment /mo
Price Dropped by $8K
339 N 42nd St Louisville, KY 40212
2,166 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,166 sqft
Price per Sqft $119
MLS Listing ID 1696938
Style Ranch
HOA Y/N No
Abv Grd Liv Area 2,166
Year Built 1937
Lot Size 0.320 Acres
Acres 0.32
Property Sub-Type Triplex
Source APEX MLS (Greater Louisville Association of REALTORS®)
Land Area 2166
Property Description
Unique Louisville investment opportunity featuring THREE separate rental homes on ONE parcel! Priced at $259,000, this package offers an attractive combination of existing income and immediate upside. One home is currently occupied at $995/month, one is vacant and RENT READY for immediate lease-up, and another tenant is scheduled to vacate, giving the next owner an additional opportunity to reposition the property and increase future rental income. The currently vacant home is in great condition and ready for a new tenant without the need for a major renovation. Ideal for a buy-and-hold investor looking to acquire multiple rental homes in a single transaction while having immediate control over future rents. Three houses. One parcel. One purchase. A unique opportunity to stabilize the portfolio at today's market rents and build long-term cash flow.
Location
State KY
County Jefferson
Direction I-64 to N 38th St. Take exit 1 from I-264 E Take Northwestern Pkwy to N 42nd St
Interior
Heating Forced Air
Exterior
Exterior Feature None
View Y/N No
Roof Type Shingle
Garage No
Building
Sewer Public Sewer
Water Public
Architectural Style Ranch
Structure Type Vinyl Siding
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Listed by Real Broker, LLC
NEARBY SCHOOLS & PROPERTIES
Jason Jarstfer
Principal Broker, Principal Auctioneer, US Army Veteran | License ID: 209324