Multi-Faimly Home with tons of potential to be a major cash flow opportunity. This double lot multi-family property has 4 units, but holds the potential to be 5 units including 1 of the units which is currently set up more as a traditional single family home layout. On the left side you will find a finished space of approx 1375 sq. ft and an unfinished basement that is around 1250 sq.ft. This unit is set up with a familiar single family layout. Above this unit is the potential for a completely separate 2 bedroom unit if you were to add stairs/separate entrance. The right side of the building is laid out as 3 separate 2 Bedroom, 1 bath units with about 700sqft per unit. The 3rd floor unit is finished space and currently occupied. The middle floor and basement level units are waiting to be finished. The basement level on the right side of the building is recently waterproofed. All remaining/extra materials to complete units will be left. Double lot, tons of parking. No current rent rolls, this is currently occupied as a primary residence. Could be the perfect buy and hold investment property, or a great rental add to your investment portfolio. Lots of meat on the bone to make this a great investment opportunity! Buyer/Buyers agent to verify square footage, year built, etc.
Off market
$285,200
5323 New Cut Rd, Louisville, KY 40214
--beds
0baths
2,350sqft
MultiFamily
Built in 1970
-- sqft lot
$285,200 Zestimate®
$121/sqft
$1,359 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced air
Cooling
- Central
Features
- Basement: Partially finished
Interior area
- Total interior livable area: 2,350 sqft
- Finished area below ground: 0.00
Property
Parking
- Total spaces: 8
Features
- Exterior features: Brick
Lot
- Size: 10,498 sqft
Details
- Parcel number: 062H00440000
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Year built: 1970
Utilities & green energy
- Sewer: Public Sewer
- Water: City Water
- Utilities for property: Water Connected, Sewer Connected
Community & neighborhood
Location
- Region: Louisville
Other
Other facts
- Sewer: Public Sewer
- Heating: Forced Air
- Roof: Shingle
- HeatingYN: true
- CoolingYN: true
- BusinessType: Residential
- ConstructionMaterials: Brick
- PropertyAttachedYN: true
- FarmLandAreaUnits: Square Feet
- LivingAreaSource: Other
- Utilities: Water Connected, Sewer Connected
- CoveredSpaces: 0
- Cooling: Central Air
- OpenParkingYN: true
- BelowGradeFinishedArea: 0.00
- PetsAllowed: false
- CultivatedArea: NaN
- ParkingFeatures: Open
- PastureArea: NaN
- WaterSource: City Water
- WoodedArea: NaN
- NumberOfUnitsTotal: 4.0000
Services availability

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$285,200
2% more+ $5,704
With Zillow Showcase(estimated)
$290,904