Seller is a licensed Broker in the state of Kentucky. 24 hours notice needed prior to showing. The property is located in the Cherokee Triangle district, a highly sought-after area for renters and home buyers alike. Located just one street over from Grinstead Drive, residents have easy access to I-64 and Lexington Road, the entertainment offerings of Bardstown Road, and quick access to downtown Louisville via Broadway. The property is also walking distance from beautiful Cherokee Park and historic Cave Hill Cemetery. This beautiful multi-family asset is composed of eight one-bedroom units and exhibits a particular charm with the ornate tile roof and colorful accents of the front shutters. While each of the units is unique, all of them feature original hardwood flooring in the main livingarea and bedrooms, and tile or vinyl/linoleum in the kitchen and bathroom. All units have gas stoves, dishwashers, and are separately metered for utilities. There is a shared laundromat in the basement with 2 coin-operated washers and dryers, as well as additional storage in the basement for each unit. Most residents pay base rent of $600/month. Average rent in this area for 1BR units is about $680/month. This allows an opportunity for the buyer to increase revenue by raising rents up to market rate. Please contact agent or use ShowingTime to schedule a showing.
City Sewer, City Water, Electric, Fuel:Natural
|Price Reduced from $975,000 to $925,000|
More about 2466 Glenmary
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Listing information last updated on October 17th, 2017 at 11:30pm EDT.