6614 Evangeline Louisville, KY 40214

$3,350,000 N/A N/A
Price Bedrooms Bathrooms
Price has not changed since being added to site on 5/17/2022
Status: Active

MLS #: 1612395

Duplex Sq. Feet: 49231
On Site: 41 Days Lot Size: N/A
Zip Code: See All Properties for Sale in 40214
DESCRIPTION
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This offering includes a portfolio of 15 duplexes, all concentrated within a few blocks of an established South Louisville neighborhood, plus four single family rental homes, for a total of 34 rental units. Significant upgrades have been made to most of the properties, including bathroom and kitchen remodels, new roofs, new mechanicals and new flooring.The portfolio has been professionally managed, with new leases being put in place that demonstrate the potential to raise rents to market rate. Vacancies have been quick to fill, with quality tenants. Due to the nature of the assets, operating expenses are low. The Louisville single-family and residential investment market is enjoying strong demand due to extraordinary rent growth, home value appreciation, low housing supply, and hi This offering includes a portfolio of 15 duplexes, all concentrated within a few blocks of an established South Louisville neighborhood, plus four single family rental homes, for a total of 34 rental units. Significant upgrades have been made to most of the properties, including bathroom and kitchen remodels, new roofs, new mechanicals and new flooring.

The portfolio has been professionally managed, with new leases being put in place that demonstrate the potential to raise rents to market rate. Vacancies have been quick to fill, with quality tenants. Due to the nature of the assets, operating expenses are low.

demand from investors.

Offering highlights include:

> 34 units, including 15 duplexes and 4 single families
> Well maintained, upgraded properties
> Opportunity to add value by pushing rents to market rate
> Low operating costs: All tenants are responsible for their own water, LGE, and lawn care

Please fill out the linked Confidentiality Agreement to access a rent roll and additional information.
ARCHITECTURE
Year Built: 2022
Construction Features: Vinyl
Roof Features: Shingle
FEATURES / AMENITIES
Exterior Features: Deck
Heating: Forced Air
SQUARE FOOTAGE
Finished Sq. Ft.
Above Grade 49231
Below Grade 0
Total 49231
PROPERTY FEATURES
Utilities Features: City Sewer
Directions: I-65 SFollow I-65 S to Crittenden Dr. Take exit 132 from I-65 SFollow Crittenden Dr and E Woodlawn Ave to S 2nd StFollow Southside Dr to Evangeline AveTurn left onto Evangeline Ave
COMMUNITY, TAX AND RELATED INFO
Area: 5 - Auburndale / Fairdale / Iroquois Park
County: Jefferson
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Listing Information Last Updated 6/26/2022
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