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  • Price$230,000
  • Beds4
  • Baths1
  • Sq. Ft.3,767
  • Built1940

1836 Algonquin Pkwy, Louisville

Excellent opportunity to own an income-producing multi-unit property with immediate cash flow and future upside. Two of the three units are currently leased, providing rental income from day one, while the third unit is vacant and ready for an owner-occupant or new tenant. Live in one unit while tenants help offset your mortgage, or lease the vacant unit for additional income. The property has been well improved and offers an additional value-add opportunity in the unfinished basement, where much of the groundwork has already been completed for a potential fourth unit, including a separate entrance (subject to approvals and permitting). With two income-producing units, one vacant unit, and future expansion potential, this is an ideal opportunity for both cash flow and long-term upside Excellent opportunity to own an income-producing multi-unit property with immediate cash flow and future upside. Two of the three units are currently leased, providing rental income from day one, while the third unit is vacant and ready for an owner-occupant or new tenant. Live in one unit while tenants help offset your mortgage, or lease the vacant unit for additional income. The property has been well improved and offers an additional value-add opportunity in the unfinished basement, where much of the groundwork has already been completed for a potential fourth unit, including a separate entrance (subject to approvals and permitting). With two income-producing units, one vacant unit, and future expansion potential, this is an ideal opportunity for both investors and owner-occupants seeking cash flow and long-term upside.

Essential Information

  • MLS® #1716326
  • Price$230,000
  • Bedrooms4
  • Bathrooms1.00
  • Square Footage3,767
  • Year Built1940
  • TypeMulti Family
  • Sub-TypeQuadruplex
  • StatusActive

Amenities

  • UtilitiesElectricity Connected

Listing Details

  • Listing OfficeCommitment Real Estate Group

Community Information

  • Address1836 Algonquin Pkwy
  • Area01-Dtwn Old Louisville/Shively/West Lou
  • SubdivisionNONE
  • CityLouisville
  • CountyJefferson
  • StateKY
  • Zip Code40210

Exterior

  • Exterior FeaturesBalcony
  • Lot DescriptionSidewalk
  • RoofShingle
  • ConstructionWood Frame, Brick
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