KY
Jefferson
Louisville
40214
4327 Southern Pkwy
4327 Southern Pkwy, Louisville, KY 40214
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Listing Type
Condo/Townhome
Listing Status
active
32
$1,950,000

Home Details for 4327 Southern Pkwy

Price
$1,950,000
Type
Residential Income
Square feet
28310
Year built
1947
County
Jefferson
Days on site
336
MLS Listing#
1697419
Property Description

This listing includes both 4321 and 4327 Southern Parkway. 4321 is 11 units (seven 1BR/1BA, four studio) and 4327 is 14 units (all 2BR/1BA), for a total of 25. Located in an excellent section of Southern Parkway, at I264 and minutes from U of L, these properties have undergone extensive renovation and improvement. The seller has updated most of the apartments including kitchens and bathrooms, repaved parking lots, installed mini splits, replaced windows, replaced exterior stairs, insulated the buildings, and more. The units are a mix of hardwood, LVP, and low-maintenance epoxied concrete floors. They are all separately metered for LGE. There is off street parking and on site laundry (tenants pay a flat fee for laundry access). City trash is included, so there is no dumpster expense. The 4321 roof is approx. 7 years old, and 4327 roof is approx. 10 years old. These buildings are an excellent opportunity for a buyer to invest in multifamily in an appreciating location. Rents are below market, and there is plenty of room to increase revenue while enjoying the benefit of acquiring extremely well maintained properties.

Property Features
  • Heating Information
    • None
  • Utilities
    • Electricity Connected
Listing Courtesy: PRG Commercial Property Advisors - 502-365-3840
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EXIT REALTY CRUTCHER
8911 Greeneway Commons Pl, Louisville, KY 40220
Office
502 327 9838
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