• Asking Price See Price
  • Estimated Value: $148,245
  • NORENE LOUISVILLE, KY 40219

  • 3,402 SqFt
  • Townhouse or Condo / HUD Foreclosure

Property Details for NORENE St, LOUISVILLE, KY 40219

Features

Facts

Sale Type

This is a HUD Home that the Government has foreclosed on because the owner couldn't meet their payments. This home is sold via an auction process whereby the highest bidder wins the home, typically at prices affordable for lower-income families.

Description

Investor's dream! This all-brick 4-plex is located in the heart of Louisville, KY, one of the fastest growing markets in the region. This area specifically has seen a 46% increase in property values over just the last five years. Louisville is known for its solid brick investment properties, offering minimal maintenance and long-term durabilitythis property is no exception. Whether you're looking to add a stable, income-generating property to your portfolio or secure a long-term investment in a rapidly growing market, this 4-plex checks all the boxes. With a rent roll of $4920 being possible (per the HUD FMR 2025 rates), there is an opportunity to come in and increase the income as well for an easy value add opportunity. Don't miss this opportunity to capitalize on Louisville's booming real estate market!

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Property Brokerage: Keller Williams Realty, Louisville East 9911 Shelbyville Rd. Ste. 100 Louisville KY 40223
Copyright © 2024 Greater Louisville Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.



All information provided is deemed reliable, but is not guaranteed and should be independently verified.