400 N 26th St, Louisville, KY 40212
Multiple Family / 10 Bedroom(s) / 4 Bath(s)
Property Status: For Sale | $90,000.00 |
DUPLEX - up and down Possible co-living rent by room or group home
Property Status:
For Sale | $90,000.00
Property Details:
Multiple Family / 10 BR / 4 BA
Property Style:
DuplexYear Built:
1905Basement:
Unfinished BasementOwner / Agent:
Individual Owner
Property Features:
Porch
Large backyard with alley access
Property Description:
Home with stud walls exposed
Upstairs expanded to match footprint of main level -- was 2287 sq ft
Possible 5 bedrooms on each level
Duplex zoned but in neighborhood overlay targeted by Lousiville KY for increased investment
Active rejuvenating neighborhood 1 block north including co-living / shared housing concepts.
Needs total build out from the studs
Needs exterior siding
Street parking but also access from the alley to private back yard.
Walkable to 3 bus routes
BUDGET estimate renovation $100K+ depending on your sweat equity and management of subcontractors
ARV - based on income approach and exit strategies whether co-living or group home
Group home: Gross $800/room/month x 10 =$8000/mo $8000/mo x 12 = $72,000 / year
Legal Disclaimer:
Real Estate Promo is not responsible for the properties or the information listed here. Each Property is independently owned. Click on the link above to contact the Property Owner about this property.