Louisville Real Estate Pros Reduce Price on Great Investment Property in Louisville, KY

Louisville Real Estate Pros of Keller Williams Realty Louisville East recently reduced the price of a low-risk investment property located off Southern Parkway. This brick triplex contains three separate units, two of which are currently leased to long-term renters.

Louisville, KY, December 22, 2016 --(PR.com)-- Investment Property for Sale: 3814 Southern Parkway ½ Louisville, KY 40214

This multifamily property in Jefferson County, KY recently had a price reduction of $10,000. The property contains a total of 2,614 square feet – broken into three separate units. When fully rented, the property has a cap rate of about 10%. Long term renters occupy two of the units making this a great option for someone just getting their feet wet in owning investment properties.

The home is located in Jefferson County, Kentucky. As part of the 40214 zip code, residents here can expect quick access to both I-264 and I-65 for an easy commute to most areas within Louisville. Nearby proximity to Churchill Downs, the Louisville International Airport, and the University of Louisville are an added bonus as well.

This property is a part of Cluster 4 within the Jefferson County Public School District. The Jefferson County Public Schools nearest the home include Semple Elementary School (grades K – 5), Frederick Law Olmstead Academy North Middle School (grades 6 – 8), and Iroquois High School (grades 9 – 12). The Jefferson County Public School District serves over 106,000 students and employs over 14,400 people.

There are currently 160 single family residences listed for sale in the 40214 zip code. 111 of these properties are active with no other current offers.

Pam Ruckriegel with Louisville Real Estate Pros at Keller Williams Realty Louisville East has extensive experience buying and selling homes in and around the Louisville, KY area. Last year, the team worked with clients in Louisville, Oldham County, Spencer County, Shelby County, Bullitt County, and Nelson County. In 2015, Louisville Real Estate Pros sold their homes at an average of 97% of the listing price.

The Louisville Real Estate Pros continue to provide quality customer service to all their past and present clients through both personal and mixed media contact.
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Louisville Real Estate Pros
Pam Ruckriegel
502-435-5524
www.louisvillerealestatepros.com
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