1836 Algonquin Pkwy, Louisville, KY 40210
1836 Algonquin Pkwy, Louisville, KY 40210
1836 Algonquin Pkwy, Louisville, KY 40210
1836 Algonquin Pkwy, Louisville, KY 40210
1836 Algonquin Pkwy, Louisville, KY 40210
1836 Algonquin Pkwy, Louisville, KY 40210
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$ 230,000
Est. payment | /mo

4 Beds

1 Bath

3,767 SqFt


Save
$ 230,000
Est. payment | /mo
Save

4 Beds

1 Bath

3,767 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,767 sqft

Price per Sqft $61

MLS Listing ID 1716326

Style Traditional

Bedrooms 4

HOA Y/N No

Abv Grd Liv Area 2,279

Year Built 1940

Property Sub-Type Quadruplex

Source APEX MLS (Greater Louisville Association of REALTORS®)

Land Area 2279

Property Description

Excellent opportunity to own an income-producing multi-unit property with immediate cash flow and future upside. Two of the three units are currently leased, providing rental income from day one, while the third unit is vacant and ready for an owner-occupant or new tenant. Live in one unit while tenants help offset your mortgage, or lease the vacant unit for additional income. The property has been well improved and offers an additional value-add opportunity in the unfinished basement, where much of the groundwork has already been completed for a potential fourth unit, including a separate entrance (subject to approvals and permitting). With two income-producing units, one vacant unit, and future expansion potential, this is an ideal opportunity for both cash flow and long-term upside Excellent opportunity to own an income-producing multi-unit property with immediate cash flow and future upside. Two of the three units are currently leased, providing rental income from day one, while the third unit is vacant and ready for an owner-occupant or new tenant. Live in one unit while tenants help offset your mortgage, or lease the vacant unit for additional income. The property has been well improved and offers an additional value-add opportunity in the unfinished basement, where much of the groundwork has already been completed for a potential fourth unit, including a separate entrance (subject to approvals and permitting). With two income-producing units, one vacant unit, and future expansion potential, this is an ideal opportunity for both investors and owner-occupants seeking cash flow and long-term upside.

Location

State KY

County Jefferson

Direction Dixie Hwy to Algonquin Pkwy west to property

Exterior

Exterior Feature Balcony

View Y/N No

Roof Type Shingle

Porch Porch

Garage No

Building

Lot Description Sidewalk

Sewer Public Sewer

Water Public

Architectural Style Traditional

Structure Type Wood Frame,Brick

Greater Louisville MLS (Metro Search Inc)
Listed by Commitment Real Estate Group

Nearby Locations

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Amanda Midkiff

Realtor & Team Lead | License ID: 265389

+1(502) 767-9087 | amanda@midkiffteam.com

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1836 Algonquin Pkwy