47
See all 47 photos
$1,025,000
Est. payment /mo
24 Beds
12 Baths
10,206 SqFt
New
3403, 3405 Prestwood Dr Louisville, KY 40219
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Key Details
Property Type Multi-Family
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 10,206 sqft
Price per Sqft $100
MLS Listing ID 1693209
Style Traditional
Bedrooms 24
HOA Y/N No
Abv Grd Liv Area 6,804
Year Built 1968
Property Sub-Type Apartment
Source Metro Search (Greater Louisville Association of REALTORS®)
Land Area 6804
Property Description
This listing includes 3403 and 3405, Prestwood Drive. All 12 units are 2 bedrooms, 1 bath, with living room, dining area and kitchen. The units have all been renovated by the current owners with updated kitchens & baths, Luxury Vinyl plank flooring in majority of units. Baths all consist of tub/shower combinations with linen closets, 4 total closets (one of which is a walk-in with automatic lighting) in each unit. Kitchens & Bath with ceramic flooring. All units have either electric or gas furnaces with central air. There are 6 tandem paved parking spaces in front of each building. Secure entries to each building. Neutral paint throughout most units. These 2 buildings are in the 100-year flood plain (see attached rent roll sheet for breakdowns of of current expenses). These buildings have been self-managed and therefore no official documentation of updates or maintenance is available. The average house meters $50 per building. The total insurance cost in the listing includes approximately $6,000 total flood insurance premium. Lots of long-term tenants most are on mo. to mo. at this time. Market rents could easily be raised $1100 - $1200 per month. Super clean buildings. These listings can also be packaged with 7509 & 7511 Garrison Rd. and 3407 & 3411 Prestwood - also for sale in KCREA.
Flood Insurance approx. $6000/yr. 2024 - property/liability insurance $15,283. 2024 - taxes on 2 buildings $5148. Water/sewer $600/mo.
Flood Insurance approx. $6000/yr. 2024 - property/liability insurance $15,283. 2024 - taxes on 2 buildings $5148. Water/sewer $600/mo.
Location
State KY
County Jefferson
Direction I-65 Fern Valley exit, left on Preston, right on Prestwood - between Fern Valley and Gilmore
Interior
Heating Electric, Forced Air
Cooling Central Air
Exterior
Exterior Feature See Remarks
View Y/N No
Roof Type Shingle
Garage No
Building
Lot Description Flood Insurance Req
Sewer Public Sewer
Water Public
Architectural Style Traditional
Structure Type Wood Frame,Brick
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