MLS® ID: 1514833
1429 Hepburn Ave
Louisville, Kentucky, 40204 $585,000
Rare HIGHLANDS 8-plex offering. 7 - 1BR units, 1 Eff. Great investment opportunity with the potential to increase rents. Off-street parking for four cars including two spaces in garage. Separate gas & electric meters in rear four units. All utilities paid in front four units. Rear four units were built as apartment building in late 1960's. Front four units were converted from a single-family home in 1971. Rents are currently considerably under market. Apt. #2 was just rented for $625 which demonstrates the rent potential for building not including any upgrades. Appraiser estimates current Annual Gross Rent Potential as $57,180. Documentation available upon request.