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1525 Anderson

Louisville, KY 40210
  • $525,000
  • STATUS: Active
  • ON SITE: 100 Days
  • ID#: 1615164
$525,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,870
    SQFT
  • $76
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1959
County:

School Ratings & Info

Description

Anderson Apartments is located one block South of West Broadway. It is near the Central Business District and close proximity to I-264 (Watterson Expressway), I-64 and I-65. Within one block of the property is the new $28 million, 77,000 square foot Republic Bank Foundation YMCA, Norton Healthcare and Republic Bank branch. Gross scheduled rents will be $66,576 annually. Continuing raising rents to market rental rates will produce a higher NOI. Extensive improvements to the property including exterior paint, new windows, unit updates, new HVAC in most units. There are 2 buildings on one parcel. All utilities are separately metered including water for the 6-plex. The gas & electric are separately metered for the 3-plex and Landlord pays water for the 3-plex only.

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© 2022 Metro Search Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search, Inc. Real estate listings held by brokerage firms other than TRU Real Estate Services are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about each listing includes the name of the listing broker. Data last updated: 2022-09-24T23:58:40.297.
www.truhomesearch.com/homes/129930030
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1525 Anderson Louisville, KY 40210

  • Price: $525,000
  • Status: Active
  • On Site: 100 Days
  • ID#: 1615164
0
Beds
0
Baths
0
½ Baths
N/A
Acres
6,870
SQFT
$76
$/SQFT
1959
Built
Neighborhood:
None
County:
Jefferson
Area:
Dtwn Old Louisville/Shively/West Lou
Property Description
Anderson Apartments is located one block South of West Broadway. It is near the Central Business District and close proximity to I-264 (Watterson Expressway), I-64 and I-65. Within one block of the property is the new $28 million, 77,000 square foot Republic Bank Foundation YMCA, Norton Healthcare and Republic Bank branch. Gross scheduled rents will be $66,576 annually. Continuing raising rents to market rental rates will produce a higher NOI. Extensive improvements to the property including exterior paint, new windows, unit updates, new HVAC in most units. There are 2 buildings on one parcel. All utilities are separately metered including water for the 6-plex. The gas & electric are separately metered for the 3-plex and Landlord pays water for the 3-plex only.
Exterior Features

Construction BrickStuccoVinyl Covered Parking No Exterior PatioPorch Garage YN No Lot Size 72X100 Parking Spaces 0.0 Roof AsphaltShingle

Interior Features

1st Level Total Units 9 Above Grade Finished 6870.00 Above Grade Unfin 0.00 Below Grade Finished 0.00 Below Grade Unfin 720.00 Energy # Of Hvac UnitsForced AirMinisplit/DuctlessNatural Gas First Floor Laundry Yes Nonconform Sq Ft Fin 0.00 Sqft Total Unfin 720.00 Total Units 9.0000 Water Heaters 9.0000

Property Features

City Tax .12 County Tax .12 Disclosure Yes Flood Plain No Furnaces 9.00 HOAAnnual Amount 0 Lease Term Varies Multifamily Sub Type Apartment Municipality Louisville Security Deposit Varies Separate Meters Yes Sq Ft Source Other Tenant Pays CableElectricGasSewerWater Utilities City SewerCity WaterElectricity ConnectedFuel:Natural

Listing provided courtesy of Pdg Realty: (502) 896-1900. © 2022 Metro Search, Inc. All rights reserved.


© 2022 Metro Search Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search, Inc. Real estate listings held by brokerage firms other than TRU Real Estate Services are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about each listing includes the name of the listing broker. Data last updated: 2022-09-24T23:58:40.297.
 
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TRU Real Estate Services
950 Breckenridge Lane, Suite 010
Louisville KY, 40207