2432 Glenmary
Louisville, KY 40204

Description

Unusual and rare opportunity! This 16 unit building is located in the highly sought after Highlands across from Collegiate School. Monthly income is $9600 and rents could easily be increased. There are 8 one bedroom units, 6 two bedroom units and 2 three bedroom units. Each unit has original hardwood floors and comes with a Stove and Refrigerator. These units are highly sought after and lease quickly with long term tenants. Building has one main water heater, but each unit has its own furnace. Tenants provide their own a/c units. Water and trash are included, tenants pay their own gas and electric. Leases vary as some are on a year and some are month-to-month. There is a detached garage that is not currently offered to tenants. However, one garage space is currently rented to a neighbor for an additional $166/month. The basement is currently unfinished and offers the tenants coin operated washers and dryers and has potential for development. Square footage is per PVA and not warranted- buyer to verify.

Details

MLS#1534022
Sub-TypeResale
StatusActive
Year1960
Days On Site21

Features

SQ Feet13,280
Units16
Building(s)1

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Area Information

StateKY
CountyJefferson
CityLouisville
Zip Code40204
Listing VS Median (in 40204)
Price:
$2,200,000
low | high
Med:
$299,900
100% of Average
SqFt:
13,280
low | high
Med:
2,255
100% of Average
$ / SqFt:
$166
low | high
Med:
$133
69.720378955856% of Average
On Site:
21
low | high
Med:
23
91.304347826087% of Average
Listing Updated: 06/25/2019
MLS Number: 1534022
Listing Provided By:
Carroll J Schempp  of  Schempp Realty Company