1434 Everett Ave, Louisville, KY 40204

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Building Details:

1434 Everett Ave is located in Louisville, KY.

1434 Everett Avenue is a trophy multifamily opportunity in the heart of the Cherokee Triangle in Louisville. This property, comprised of four, large 1 BR units, was completely renovated in 2009 with condo-quality finishes. A top to bottom renovation included a new roof, HVAC, electrical, bathrooms and kitchens (that included granite counter tops and stainless appliances). Units contain a living room, dining area, and a spacious kitchen with breakfast bar. The bedroom contains an extra-large, spacious walk-in closet. Two units contain inviting sun rooms in the front. There is new decking in the back that offers a secluded and private area. The full basement contains enclosed storage lockers, washer dryer hookups and attached garage access for tenants.

This is truly a rare and unique opportunity with a property that has been renovated to this degree in such a trophy location. The building is walking distance from the shopping and restaurants on bustling Bardstown Road, as well as the boundless outdoor opportunities in nearby Cherokee Park.
This is an excellent opportunity for either an investor seeking steady, long term yield and appreciation, or an owner occupant who wants to enjoy the ancillary income and benefits of apartment ownership. An owner will enjoy a very high quality tenant base, very high historical occupancy and minimal repairs with the functionally newer building.

Deal Highlights
-Rare, trophy, Cherokee Triangle location; steps from both Bardstown Road and Cherokee Park.
-Total renovation in 2009; functionally new building with new mechanicals, electric and condo quality finishes in units.
-Excellent for investor or owner-occupant; area enjoys strong appreciation and high quality tenants; Very high historic occupancy.