3107 Greenwood Ave Active Save Request In-Person Tour Request Virtual Tour
Louisville,KY 40211
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,036 sqft
Price per Sqft $101
Subdivision Parkland
MLS Listing ID 1681743
Style Open Plan,Traditional
Bedrooms 2
Full Baths 1
HOA Y/N No
Abv Grd Liv Area 1,036
Originating Board Metro Search (Greater Louisville Association of REALTORS®)
Year Built 1925
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type Single Family Residence
Property Description
This beautifully renovated 2-bed, 1-bath property in West Louisville offers an exceptional investment opportunity with a tenant in place until October 2026, generating $1,100 per month in rental income. The tenant is responsible for all utilities, appliances, and yard maintenance, minimizing your operational costs. This turnkey investment provides immediate cash flow, making it an ideal choice for investors.
Key Investment Highlights:
* Attractive Cap Rate: This property boasts an impressive 10% cap rate before maintenance and vacancy.
* Low Maintenance Costs: With the tenant handling utilities and yard work, you can enjoy reduced operational expenses.
* Renovated for Long-Term Value: Recent renovations include a new roof, modern kitchen and bathroom, fresh paint, and * and new flooring, ensuring durability and minimizing future repair costs.
* Growing Neighborhood: The area is experiencing active investment, including a major renovation of the adjacent property, indicating a rising demand and potential for long-term appreciation.
Property Features:
* New Flooring: Brand new flooring throughout the home.
* Newly installed roof.
* Upgraded kitchen and bathroom with contemporary fixtures and finishes.
* Fresh paint in every room.
* New lighting fixtures and ceiling fans.
* Spacious Layout: Generous living room and dining room with an open floor plan.
* Large covered front porch.
* Comfortable Bedrooms with ample closet space.
* Updated Bathroom: Full bathroom with modern fixtures and stylish finishes.
Prime Location
Centrally located in West Louisville, this property offers easy access to expressways and is just blocks away from grocery stores, city parks, and other local amenities. The area's revitalization efforts and nearby renovations position this property for potential long-term appreciation.
Don't miss this opportunity to capitalize on a high-yielding investment in a growing neighborhood. Seize the benefits of this lucrative real estate investment!
Location
State KY
County Jefferson
Direction DUMESNIL TO S 34TH STREET TO GREENWOOD AVENUE
Rooms
Basement Cellar
Interior
Heating Forced Air,Natural Gas
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Parking Features On Street
Fence None
View Y/N No
Roof Type Shingle
Porch Porch
Garage No
Building
Lot Description Sidewalk,Cleared,Level
Story 1
Foundation Crawl Space
Sewer Public Sewer
Water Public
Architectural Style Open Plan,Traditional
Structure Type Other,Wood Frame
Schools
School District Jefferson