2707 S 7th St, Louisville, KY 40215

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Heather L A.

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Building Details:

• Year Built: 1948

2707 S 7th St is aretail property for lease in Louisville, KY.

Seller has raised the price to reflect the amount of income this property is producing almost $4000 a month. All but 3 storage units are leased almost at full capacity!!!!!!!!! GARAGE DOORS HAVE BEEN INSTALLED!!!!!!!!! Upstairs apartment is leased for $500 a month, first floor is rented for $1450 a month!!!!! Great Opportunity C2 Zoned 2 story building over 3000 sq ft on first 2 levels and approx 1,025 sq ft in unfinished basement and 2 storage buildings that consist of 23 rental units. The 2 story building has been many different businesses from a liquor store, to a pawn shop, to a cash advance. There is a drive through window and multiple doors to section off the building and rent smaller units. Also the upstairs was once used as sleeping rooms and an apartment it has been converted back to a 4 bedroom apartment with an updated bath, new flooring, fresh paint, and a new kitchen and is currently rented for $500 a month(month to month lease). When leased there are 16 10 X 25 units that rent for $115 a month and 7 10 X 10 units that rent for $75 a month potential rental income for these units totals $2300 a month (many units are rented the # changes constantly). Owner just installed all new doors see the pictures. Also the Owner has installed fencing. There are so many possibilities with this property also all 3 buildings have new roofs installed 1 year ago. Everything has been painted inside and out. GREAT OPPUTUNITY, INCOME PRODUCING!!!!!!!!!!!!!

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