108 E Florence Ave new Save Request In-Person Tour Request Virtual Tour
Louisville,KY 40214
Key Details
Property Type Multi-Family
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 49,986 sqft
Price per Sqft $118
MLS Listing ID 1695606
Style Other
HOA Y/N No
Abv Grd Liv Area 49,986
Year Built 1990
Lot Size 2.010 Acres
Acres 2.01
Property Sub-Type Apartment
Source Metro Search (Greater Louisville Association of REALTORS®)
Land Area 49986
Property Description
Rare opportunity to own this 50 unit apartment complex consisting of (16) 2 bed 2 bath units 1,080 square feet, (16) 2 bed 1 bath units 936 square feet, (12) 2 bed 1 bath units 845 square feet, (6) 2 bed 1 bath units 765 square feet. In 2025 the Owner has renovated 10 of the vacant units and are now starting to place tenants, 2 additional units are in need of full renovations. All leased units have had renovations over the years. Pictures of interior units are of those that have recently been renovated, and they are being marketed at much higher market rental rates. All roofs replaced within the past few years, numerous HVAC units have been replaced, Great parking, there are 4 different style units, all units have laundry hookups in their unit, and there is a manger office on site. Currently the Owner pays water/sewer/trash.
Location
State KY
County Jefferson
Direction Watterson Expressway to 3rd St exit, go right off of the exit then turn into the gas station immediately on the right, go through the parking lot and exit to the left. Continue through the next stop sign and the complex is on your right.
Interior
Heating Forced Air,Natural Gas
Cooling Central Air
Exterior
Exterior Feature Balcony
View Y/N No
Roof Type Shingle
Garage No
Building
Sewer Public Sewer
Water Public
Architectural Style Other
Structure Type Brick