MLS® ID: 1534544
S 1223 2nd St
Louisville, Kentucky, 40203 $410,000
12% cap rate and property fully rented !!! Rents total $4100 per month. Property has 7 UNITS! 4 studio apartments and 3 one bedroom apts. Only one vacancy currently and 5 are leased until 8-1-2020. Property shares a fire escape with neighboring property. 4 parking spaces in back of home could be expanded to encompass entire yard to have up to 10. Each tenant pays electric, gas, water and trash.