402 N Hite Ave, Louisville, KY 40206

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Building Details:

This all Brick 20 unit Complex is located on North Hite Ave. - lower Brownsboro Road area. This property produces a gross annual income of $143,000. Great Rental units - all one bedroom - one bath units that have had numerous updates over the years. 18 of the 20 units have been updated with laminate Hardwood flooring and rents are strong with upward potential, long term tenant base. The roof was replaced in 2003 with a 30 yr dimensional shingle. This property has been owner managed and well taken care of. The central boiler system has had numerous updates and the central air system was new in 2009. Owner pays Heat/Air and common utilities, individual electric is separately metered. The basement has coin laundry and each unit has a nice size storage locker. Great investment and return on investment in today's economy!