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6434 Strawberry Ln, Louisville, KY 40214

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For Sale

$725,000

9 beds • 6,804 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Apartment
    Property type

  • Newly Listed
    Time on Century 21

  • $106.55
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Great income producing apartments, 9 units on Strawberry Lane. The property consist of 2 4 plex style buildings sitting on 2 parcels and another unit above the garage located at the 6434 location. The garage and unit are leased otgether for $1,000 a month. The 4 plex located at 6434 Strawberry Lane rents for $2,775 and the 4 plex located at 6436 Strawberry Lane rents for $2,880; monthly gross rents are $6,655 monthly. Previous Owner and current Owner have completed many updates. Multiple Furnaces, Condensers, and window AC units have been replaced. Windows in 6434 building were all replaced between 2019/2020, 6436 building the soffitts and gutters were replaced in 2017. Current Owner has remodelled 5 apartments, updated numerous cast iron plumbing lines with PVC, and numerous other updates over the faew few years. Turnover time is very quick, when a tenant moves out we have a tenant in place ready to go before the unit is even ready. Rents still have plenty of room for improvement. There are 3 long term tenants from previous Owner, all other tenants management has placed and we have great tenants! All units are fully leased vacant photos were from recent renovations when we had move outs. The 6436 building has hardwood flooring and a huge walk-in-closet in the bedroom. The 6434 building has carpet flooring and the bedroom has double closets.
MLS# 1677456

Courtesy Of Genesis Realty, LLC

(502) 468-7553

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock, Porch
  • Architecture Style
    Other
  • Cooling System
    Window Unit(s) A/C
  • Heating System
    Forced Air

Map and Directions

Directions to 6434 Strawberry Ln, Louisville, KY 40214

Home seller CENTURY 21 Dick Vreeland & Associates

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Dick Vreeland & Associates

(502) 968-4175
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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