918 Ash St
Property Description
Investor opportunity in the heart of Germantown! This 5-unit multifamily is a value-add play with most of the heavy lifting already done. Four of the five units have been completely renovated within the last 2-3 years - turnkey, low-maintenance, and ready to perform from day one. The mix features two spacious 2-bedroom units and two 1-bedroom units, plus a fifth unit on the top level awaiting completion: your built-in upside to add income and force appreciation on your terms. Central heat and air throughout keeps operations efficient, and a shared laundry on the first level adds tenant convenience and an extra revenue stream. All of this sits in one of Louisville's most walkable, in-demand neighborhoods, surrounded by the restaurants, breweries, and everyday amenities that keep Germantow rental demand strong. Cash-flowing assets with real upside rarely hit the market here. Come see the opportunity to own a piece of Germantown - and finish the story on the top floor. Bring your vision; the value is already in place.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $490,000 |
| No. of Units: | 5 |
| Year Built: | 1905 |
| Lot Size: | 3,540.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $98,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 7 |
| Number of Bathrooms: | 1 |
ID: 3yd-GLARKY-1726604
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
3632 E Main Street
College Park, Georgia
Brokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout