The property at 1124-1128 S. Third St is a 21 unit multifamily development with an attached doctor's office. Of the 21 apartment units 8 are one bedroom and 13 are studio. This is a very clean building with many of the tenants living there for many years. The 21 units are within two attached buildings on Third St and a carriage house. There is parking in the rear of the building as well. There is also a vending machine and laundry within the building. The units are separately metered for electric. Landlord pays water, gas & common electric. Gross Annual Rents are $125,000 +. Commercial Building The commercial space has its own address of 1126 S Third St. and is separately metered for gas, electric and water. It is approximately 1,100 square feet with a reception area, office and 4 exam rooms. Four assigned parking spaces with direct access from Third Street are adjacent to office building and marked as reserved for the office space.
Other Details:
Number of Bedrooms: 15+ Number of Bathrooms: 15+
Price: 725,000.00 USD
Keywords:
Apartments, Investment property, Multifamily, Income property, Old Louisville, University of Louisville
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