2811 Brassfield Cir, Shelbyville, KY 40065

Commercial property for lease

  • Description
  • Currently 100% occupancy. These have always been easily rented and most recently rented unit is producing $1,350/month. Sellers prefer not to be landlords. Potential gross profits of $5,400/month ($64,800/year) if managed properly.Brick Patio Home complex situated at the end of a quiet Cul-De-Sac in an established residential neighborhood. Seller currently owns 4 separately deeded condos and is selling entire complex - could potentially be reclassified as a multi-family quadplex. Each unit has approx. 2,500+/- livable sqft, 3 Beds, 3 Full Baths, 2 car garage and two Master Bedroom options (1st or 2nd floor). There is some variation between units, but overall property is in great shape (built in 1999) and each unit has its own laundry room.Would be ideal for investor seeking cash flow, a 1031 Tax Exchange -OR- possibly someone willing to invest in upgrades and sell each unit individually for a profit. Building price details: $599,000.
  • Contact info
  • Sean S Williams
    Covenant Realty LLC
  • Note
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  • Property Details
  • Building Name: Brassfield Patio Homes
    Property Type: Commercial (Other)
    Status: Available
    Number of Stories: 2
    Year Built: 1999
    Submarket: Duplex/Fourplex, Low-Rise/Garden
    MSA: Louisville/Jefferson County
    Zoning: R-4 - Residential - Multi-Family
    Buildings: 1
    Construction: Brick
    Terms: Cash to Seller
    Added: 11/30/2017

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