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Map
$344,938*
●
House -
Off Market
4214 Southern Pkwy
Louisville, KY 40214
5 Beds
3 Baths
2615 Sqft
$261,000 - $319,000
Reference Base Price*
18.94%
Since Jun 1, 2021
National-US
Primary Model
About This Property
HUGE 19.8% Cash on Cash return.TENANT OCCUPIED.REQUIRES 48 HOUR
NOTICE TO SHOW.Investor opportunity. Beautiful renovated
rental property Main house unit and a 2nd Carriage house
unitCurrent rent is $3,075 per month$26,945.69 NET OPERATING
INCOME.At list price it offers a very strong 9.3% CAP rate.
If financed with 20% down/20 yr AM at 3.75% it produces
$11,505.65 positive cash flow.Owners have consistently signed new
lease before incurring any vacancy with the previous tenantCurrent
lease expires on 7/20/22 on the main house.Carriage House lease
expires on 6/14/22.The main house is 2,615 sq ft of finished space.
Carriage house is a 2 bedroom 1 bath 640 sq ft.
The manager has listed the unit size as 2615 square feet.
The manager has listed the unit size as 2615 square feet.
Unit Size
2,615Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$111
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1920
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 16, 2021 | Sold to Jean Shrem, Marni Fischer | $330,000 | |
| Sold to Jean Shrem, Marni Fischer | |||
| May 2, 2021 | No longer available | - | |
| No longer available | |||
| Mar 19, 2021 | Relisted | $290,000 | |
| Relisted | |||
| Mar 4, 2021 | No longer available | - | |
| No longer available | |||
| Jan 17, 2021 | No longer available | - | |
| No longer available | |||
Show More
Property Highlights
Fireplace
Air Conditioning
4214 Southern Pkwy
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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
In Contract
House
3
Beds
1.5
Baths
2,237 ft²
$108/ft²
$241,900
Nov 15, 2022
-
-
Active
Multifamily
Stu
2
Baths
2,596 ft²
$100/ft²
$260,000
Feb 25, 2022
-
$1,450/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
08/18/2020
|
|
5 Bed
|
3 Bath
|
2615 ft²
|
$3,750,000
5 Bed
3 Bath
2615 ft²
|
$330,000
-91.20%
06/16/2021
|
Shawn Owens
|
Building Info
