$875,000
$900,000
2.8%For more information regarding the value of a property, please contact us for a free consultation.
8,550 SqFt
SOLD DATE : 12/13/2024
Key Details
Sold Price $875,000
Property Type Multi-Family
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 8,550 sqft
Price per Sqft $102
MLS Listing ID 1672135
Sold Date 12/13/24
Style Select One
HOA Y/N No
Abv Grd Liv Area 8,550
Originating Board Metro Search (Greater Louisville Association of REALTORS®)
Year Built 1960
Property Sub-Type Apartment
Property Description
Located in highly desirable Cherokee Triangle, on Cherokee Rd., Appleton Apartments contains six very large units in a built-as apartment property. There are both 2 and 3 BR units with hardwood floors, large rooms, and unique features. Some of the apartments have washer/dryer hookups, and are separately metered for LG&E. Each space has an additional rear egress with access to a back patio and common area yard.
Four currently vacant garages are located on site that could be rented for further upside.
Apartment properties in this sub-market do not come available often, and this generational opportunity is ideal for an experienced owner looking to add units to a portfolio, or a newer investor seeking to build long-term wealth in one of the city's most appreciating neighborhoods. > Very large 3BR/1BA & 2 BR/1BA units
> In-unit washer/dryer hookups
> Separate LG&E
> Four garages located on-site
Location
State KY
County Jefferson
Direction Up Broadway to Cherokee
Interior
Heating Forced Air
Exterior
Exterior Feature Deck
Garage Spaces 4.0
View Y/N No
Roof Type Shingle
Garage Yes
Building
Architectural Style Select One
Structure Type Wood Frame
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