REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Bobby Pinkston

bobby@buyitwithbobby.com +1(502) 777-0666

$ 145,000

Est. payment -/mo

Save

Pending

227 Ottawa Ave Louisville, KY 40209

3 Beds

2 Baths

1,359 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

Square Footage 1,359 sqft

Price per Sqft $106

Subdivision Highland Park

MLS Listing ID 1713600

Style Traditional

Bedrooms 3

HOA Y/N No

Abv Grd Liv Area 1,359

Year Built 1900

Lot Size 3,049 Sqft

Acres 0.07

Property Sub-Type Duplex

Source APEX MLS (Greater Louisville Association of REALTORS®)

Land Area 1359

Property Description

FANTASTIC INVESTOR OPPORTUNITY- Value-Add Duplex at below market price! This duplex has strong upside potential! Unit 1 is 1-bedroom with laundry hook up, recently getting $950 per month but is now vacant. Unit 2 is 2-bedrooms, with a market rent of $1100 per month. Both units will need cosmetic updates. Pro Forma: $2000/month ($24,000/year). Increase NOI through light renovations and stabilize for strong cash flow or future refinance potential. Ideal for investors looking to force appreciation or house hackers wanting rental income to offset the mortgage. Opportunities at this price point in this area with built-in upside move quickly. Don't let this one pass you by!

Location

State KY

County Jefferson

Direction 264 to 3rd street and then left on 3rd street. Take 1st left next to the on ramp and take a right on 1st street. Ottawa is the first street on the left. House is almost at the end on left.

Interior

Heating Forced Air, Natural Gas

Cooling Wall/Window Unit(s)

Exterior

Exterior Feature None

View Y/N No

Roof Type Shingle

Porch Screened Porch

Garage No

Building

Lot Description See Remarks

Sewer Public Sewer

Water Public

Architectural Style Traditional

Structure Type Vinyl Siding,Aluminum Siding

Greater Louisville MLS (Metro Search Inc)

Listed by Totally About Houses

Bobby Pinkston

Broker | License ID: 307067

+1(502) 777-0666

Bobby Pinkston

227 Ottawa Ave Louisville, KY 40209

Key Details

Location

Interior

Exterior

Building

GET MORE INFORMATION

Go tour this home

227 Ottawa Ave