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Map
$878,260*
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Multifamily -
Off Market
3105 Springfield Dr
Louisville, KY 40214
Studio
6 Baths
10290 Sqft
$540,000 - $660,000
Reference Base Price*
46.38%
Since Dec 1, 2019
National-US
Primary Model
About This Property
Amazing Real Estate Investment opportunity! If you are interested
in investing in real estate, both apartment buildings offer more
than $90,000 income per year and each has good rental history as
well. Rent for each unit has been between $650 to $700 with 90
-100% occupancy. Cap rate is around 9% and return of investment
within 5 years would be around 18%. There is one section 8 unit and
4 tenants have been there more than 8 years. Each building has 6
units, each with their own deed. Each unit also has a separate
water meter, gas, and common area electric meter. There is a
total of 12 units, 6 in each building. Each unit is a 2-bedroom, 1
bathroom, and each has a laundry in the unit. Most units have
hardwood flooring and all units have been updated in last 3 years.
Each water heater and HVAC systems have been replaced, maintained
and serviced as needed. Windows were replaced within the last 5
years and both roofs are less than 5 years old. There is ample
parking space around both buildings.
The manager has listed the unit size as 10290 square feet.
The manager has listed the unit size as 10290 square feet.
Unit Size
10,290Ft²
Days on Market
-
Land Size
-
Price per sqft
$58
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1990
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Nov 26, 2019 | Sold | $540,000 | |
Sold | |||
Nov 21, 2019 | No longer available | - | |
No longer available | |||
Oct 4, 2019 | Relisted | $600,000 | |
Relisted | |||
Oct 2, 2019 | No longer available | - | |
No longer available | |||
Aug 15, 2019 | Relisted | $600,000 | |
Relisted |
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Property Highlights
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
03/04/2019
|
|
Studio
|
6 Bath
|
10290 ft²
|
$699,000
Studio
6 Bath
10290 ft²
|
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-
|
-
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