4205 Norene Ln Louisville, KY 40219

Property Details for 4205 Norene Ln

Year built

1960

Property size

13,472 SF

Property type

Commercial real estate

Description

This exceptional investment opportunity presents a portfolio of four quadplex apartment buildings totaling sixteen units, situated on Norene Ln in Louisville, KY. Built between 1960 and 1961, this all-brick property boasts 13,472 square feet across four two-story buildings. The property offers a compelling mix of occupied and recently renovated units, providing immediate cash flow and significant upside potential. Several units are currently generating rental income, while others are ready for new tenants, maximizing earning potential. The property's location in Jefferson County, zip code 40219, benefits from strong rental demand. This value-add opportunity allows for further capital improvements to enhance long-term returns and increase property value. With a total asking price of $1,450,000, this multifamily investment is ideal for both seasoned investors and those looking to expand their portfolio. The property presents a unique chance to acquire a substantial revenue-generating asset with immediate income and strong long-term growth prospects. This is a rare opportunity to acquire a complete portfolio of multifamily units in a single transaction. The property is well-maintained and offers a solid foundation for continued growth and profitability. Don't miss this chance to secure a significant return on investment.