KY
Jefferson
Louisville
40218
4342 Newport Rd
4342 Newport Rd, Louisville, KY 40218
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Listing Type
other
Listing Status
Active
10
$400,000
Home Details for 4342 Newport Rd
Price
$400,000
Type
Residential Income
Bedrooms
8
Total Bathrooms
4
Square feet
3430
Year built
1972
Lot size acres
0.22
County
Jefferson
Days on site
29
MLS Listing#
1723408
Hoa
200
Property Description
Great investment opportunity featuring four fully occupied 2 bedroom, 1 bath apartments with a solid rental history and dependable cash flow. Several long term tenants have called this property home for over seven years, providing excellent stability for investors. Each unit offers laundry hookups, with additional laundry hookups located in the basement and private storage areas in the basement that present potential for additional income. Major improvements completed in 2018 include the roof, HVAC systems, appliances, and pavement, helping reduce future maintenance expenses. Conveniently located within walking distance of GE, FedEX TARC bus lines, ALDI and other everyday amenities, making it an attractive location for tenants. Owner pays water, sewer, electric and trash pickup, tenants are responsible to pay electric and gas service. May be purchased together with 4920 Cawood Drive, just down the street, for an excellent portfolio opportunity.
Property Features
Utilities
- Natural Gas Available
- Electricity Connected
Cooling Information
- Central Air
Water Features
- Public
Listing Courtesy: Schuler Bauer Real Estate Services ERA Powered - 502-426-3600
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Median Square Feet
Market statistics compiled from data from Greater Louisville Association of Realtors.
EXIT REALTY CRUTCHER
8911 Greeneway Commons Pl, Louisville, KY 40220Office
502 327 9838
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