4516 Broadleaf Dr, Louisville, KY 40216

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4516 Broadleaf Dr is located in Louisville, KY.

4516 Broadleaf is a highly visible 14 unit property in a high demand area for rental housing. The property contains a convenient unit mixture of 7 two bedroom and 7 one bedroom units that enhances rentability. In 2008, the owner performed several substantial upgrades to the property, including: New electric HVAC systems, updated plumbing, new windows, new parking lot, partially new roof, interior improvements and other updates. There is SIGNIFICANT upside in this property as the Landlord currentlty pays for the electric heat- separate meters will allow a new owner to turn this utility responsibility over to existing and new tenants while still offering competetive rents. The surrounding area is experiencing new re-development. The City is helping to spearhead a new, 38 home, single family development behind this property. The owner has recently handed over management to a professional property management company.