Awesome commercial store front and 4plex zoned C-R on Frankfort Ave. There is strong upside potential with the rental rates. Clifton area is enjoying strong demand for workforce/affordable housing due to the lack of supply. This opportunity is ideal for a first-time investor or a seasoned landlord looking to add units to their real estate investment portfolio. 5 total units in one spot! 2 2br, 2 1br, 1 store front commercial space. Convenient & easy to maintain. Updates include:*All new windows (except for the store front)*New siding *New roof 8 years *New floors except store front. RENTS: Store front $1350 through 3/31/23,#1 $700 through 9/30/22,#2 $850 through 4/30/22,#3 Vacant rented for $900, #4 vacant rented for $850 . Well maintained property in historic Clifton area on Frankfort Ave. is situated on a great lot across from the beautiful grounds of the American Printing House & KY School for the Blind.
Off market
$668,300
1832 Frankfort Ave, Louisville, KY 40206
--beds
0baths
3,591sqft
MultiFamily
Built in 1891
-- sqft lot
$668,300 Zestimate®
$186/sqft
$1,541 Estimated rent
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$668,300
2% more+ $13,366
With Zillow Showcase(estimated)
$681,666