3107 and 3110 Melocy Acres, Louisville, KY 40216

Commercial property for lease

• Description
• Most of the units have been renovated with updated kitchens and hardwood and ceramic flooring. Tenants have been there long enough that they are all now month to month. Most of the rents are below current market, so a new owner could either get new leases on the current tenants, or new renters at market value. Cap rate is based on average rent of $525 per month. Market rent is currently about $600 per month, so lots of upside potential. Units are all two bedroom, 1 bath and each have their own laundry hookups. 3017 Melody Acres includes a large exterior shed next to it for storage. Off street parking on the sides of both building. Building price details: $415,000.
• Exterior Features

• Parking Type:

  Surface

• Contact info
• Anne Mayhugh

  RE/MAX Properties East
• Note

• Details Info about this row that located on 3107 and 3110 Melocy Acres, Louisville, KY 40216 was got from trusty sources, but HousesForSaleList.com can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

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