145 E Wellington Ave new

Louisville,KY 40214

$ 400000

6 Beds

4 Baths

3850 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,850 sqft

Price per Sqft $103

Subdivision Wellington

MLS Listing ID 1690955

Style Other

Bedrooms 6

HOA Y/N No

Abv Grd Liv Area 3,850

Year Built 1972

Lot Size 10,454 Sqft

Acres 0.24

Property Sub-Type Quadruplex

Source Metro Search (Greater Louisville Association of REALTORS®)

Land Area 3850

Property Description

Prime investment opportunity! Property includes (2) 1 bed/1 bath & (2) 2 bed/1 bath units. Current rents in agent notes. Strong mix of long-term & mid-term rentals (3 MTRs, 1 LTR). Consistently low vacancy w/ proven rental history. All units have been fully renovated within the last 3 years, turnkey condition - with new gas lines & sewer line. All units include washer/dryers, with dishwashers in both ground-floor units. Detached garage offers added storage or future value-add potential - and the 3 MTR will be sold FULLY FURNISHED and ready to rent from day 1. Utilities & Mechanical: all AC units functional & serviced in 2022, new furnace & hot water tank in Unit 1, remaining hot water tanks vary in age but are all operational, roof age unknown but no signs of leaks or issues since 2022 purchase. Units will be shown once or twice per week so as to not disturb the tenants - more information on these showings will be provided ASAP.

Location

State KY

County Jefferson

Direction I-264to Southern Pkwy exit. Head south on Southern Pkwy, then left on Wellington.

Interior

Heating Natural Gas

Cooling Central Air

Exterior

Exterior Feature None

Garage Spaces 3.0

View Y/N No

Roof Type Shingle

Porch Patio,Porch

Garage Yes

Building

Lot Description Sidewalk

Sewer Public Sewer

Water Public

Architectural Style Other

Structure Type Wood Frame,Brick Veneer

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