38.147884 -85.81652

3105 Springfield Dr Louisville, KY 40214

232860693 38.147884 -85.81652 137 /listing/232860693-151407815/3105-springfield-dr-louisville-ky-40214 False 0 600000.0 10290 105 1525825 True
  • $600,000
  • 10,290 sqft
  • 0.50 lot
  • Est payment $3220.93/mo

Property & Neighborhood Info

Courtesy Of Weichert Realtors - ABG Properties

Multi-Family in Louisville

Amazing Real Estate Investment opportunity! If you are interested in investing in real estate, both apartment buildings offer more than $90,000 income per year and each has good rental history as well. Rent for each unit has been between $650 to $700 with 90 -100% occupancy. Cap rate is around 9% and return of investment within 5 years would be around 18%. There is one section 8 unit and 4 tenants have been there more than 8 years. Each building has 6 units, each with their own deed. Each unit also has a separate water meter, gas, and common area electric meter. There is a total of 12 units, 6 in each building. Each unit is a 2-bedroom, 1 bathroom, and each has a laundry in the unit. Most units have hardwood flooring and all units have been updated in last 3 years. Each water heater and HVAC systems have been replaced, maintained and serviced as needed. Windows were replaced within the last 5 years and both roofs are less than 5 years old. There is ample parking space around both buildings.

Courtesy Of Weichert Realtors - ABG Properties
  1. 10,290 Sq. Ft.
  2. 0.50 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1972
  • County: Jefferson
  • MLS Number:1525825

Additional Features

  • Disclosures:
    • Yes
  • Sqft Source:
    • List Agent
  • Construction:
    • Brick
  • Roof:
    • Asphalt
  • Exterior Features:
    • See Remarks
  • Flood Plain:
    • No
  • Covered Parking:
    • No
  • Parking Spaces:
    • 6.0
  • Energy:
    • Central Air
    • Forced Air Heat
  • Utilities:
    • City Sewer
    • City Water
    • County Water
    • Electricity Connected
    • Fuel:Natural
  • Security Deposit:
    • 0
  • Display on Public Websites:
    • Y
  • Owner Pays:
    • Trash Removal
  • Terms:
    • Lease
  • Tenant Pays:
    • Sewer
    • Water
  • Below Ground Sq Ft:
    • 3430.00
  • Below Ground SQFT Unfinished:
    • 0.00
  • Square Footage Total:
    • 0.00
Neighborhood info courtesy of Homes.com © 2019

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
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Hoss Tavak
Hoss Tavak
REALTOR
9115 Leesgate Rd, Suite A Suite A Louisville KY 40222
38.147884 -85.81652

3105 Springfield Dr Louisville, KY 40214

232860693 38.147884 -85.81652 137 /listing/232860693-151407815/3105-springfield-dr-louisville-ky-40214 False 0 600000.0 10290 105 1525825 True
  • $600,000
  • 10,290 sqft
  • 0.50 lot
  • Est payment $3220.93/mo