$410,800
$420,000
2.2%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
8 Baths
3,770 SqFt
SOLD DATE : 05/08/2025
Key Details
Sold Price $410,800
Property Type Multi-Family
Sub Type Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 3,770 sqft
Price per Sqft $108
Subdivision Norfolk Estates
MLS Listing ID 1680642
Sold Date 05/08/25
Style Other
Bedrooms 8
HOA Fees $200
HOA Y/N Yes
Abv Grd Liv Area 3,770
Originating Board Metro Search (Greater Louisville Association of REALTORS®)
Year Built 1981
Lot Size 7,840 Sqft
Acres 0.18
Property Sub-Type Townhouse
Property Description
Great Investment Property with four townhome style apartments and solid performance. Units are 2bd 1.5bath and have full size laundry hookups in the kitchen. Walking distance to GE, Fedex, TARC stops, and more. Building fully occupied with strong cashflow and room to grow rents. Patio and small yard behind the building for each unit. Convenient driveway parking in front of each unit. Newer Roof, gutters, 3 HVACs and several updates inside. Owner pays Trash and Water while tenants pay electric.
Seller will complete a 1031 Exchange with this property. Buyer acknowledges the same when entering into a contract to purchase. Listing Agent is a business partner to the seller but not on this deal. May be purchased together with 4342 Newport Rd MLS#1680641 which is just down the street
Location
State KY
County Jefferson
Direction Take I-264 West Exit at Bardstown Rd and go South Turn Right on Fegenbush Ln Turn Right on Newport Rd Turn Right on Cawood Dr
Interior
Heating Electric, Forced Air
Cooling Central Air
Exterior
Exterior Feature None
View Y/N No
Roof Type Asphalt,Shingle
Porch Patio
Garage No
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Structure Type Brick
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