306 Birchwood Ave Louisville, KY 40206

This exceptional 10-unit apartment building in Louisville, KY, presents a compelling investment opportunity. Located at 306 N Birchwood Ave and 2728 Riedling Dr, this property boasts a total of 11,130 square feet of net rentable space across two adjacent buildings, situated on a 0.24-acre lot. The main building, at 306 N Birchwood Ave, is a two-story structure built in 1960, featuring eight spacious 2-bedroom, 1-bathroom units and two 1-bedroom, 1-bathroom units. Recent upgrades include new roofs, HVAC systems, water heaters, and lighting fixtures throughout. Residents enjoy convenient amenities such as off-street covered parking, on-site laundry facilities, and lower-level storage. The property is zoned R7 and offers below-market rents, providing significant potential for rental income growth. Its prime location offers easy access to shopping, dining, grocery stores, and major highways. The asking price is $1,170,000, translating to $105.12 per square foot. This property is an excellent addition to any investor's portfolio. The current configuration offers a strong foundation for immediate cash flow and future value appreciation.