1900 Ramser Ct 1900-04, Louisville, KY 40216 (MLS# 1429095)

1900 Ramser Ct 1900-04, Louisville, KY 40216

$757,700

Property Type: Multi Family Square Footage: 42,334 Lot Size (sq. ft.): 115,000 Status: Closed

Current Price: $757,700 List Date: 9/03/2015 Last Modified: 11/26/2024

Overview

Description

LOOKING FOR UPSIDE POTENTIAL?? Here it is. This is a 41 unit offering. All of the units are 3 bedroom, one bath units that are only 17 years old. Average rents are 452.48 with a high of $703.00 and a low of $408.00. Lots of room for new management to have very significant income increases. Higher cash flow equals higher value. This is a KHC Deed Restricted property that requires some extra bookkeeping. Seller will provide new owner training in the bookkeeping requirements. Go to Fischersips.com to see the advantages these units have in construction. Most of these units even have Fire Sprinklers.

Listing Details MLS# 1429095

General Listing Information

Listing Price: 980000
Property Sub Type: Apartment
HOA Y/N: No

Location

Street #: 1900
Street: Ramser
St Suffix: Ct
Unit #: 1900-04
Area: 01-Dtwn Old Louisville/Shively/West Lou
County: Jefferson
State/Province: KY
Zip Code: 40216
Deed Bk: 6898
Parcel ID: 100900470000-100900480000
Pg #: 0076
Subdivision/Condo: NONE
Block: 1009
Lot: 0047, 0048
Municipality: Louisville
Directions: Dixie Highway to Ralph Ave. to Ramser, to Ramser Ct.

Contract Info

Original List Price: 980000
Disclosure: No

Property Description

SqFt -Total Finished: 42334
Above Grade Finished: 42334
Total Units: 41
Lot Size Dimensions: 2.64 Acres
Lot SF: 115000
Security Deposit: $500
Age: 17
Year Built: 1998
# Parking Spaces: 55
Covered Parking: No
Term/Lease: 1 Year and M/M
R Factor Ceiling: Yes
R Factor Wall: Yes
# of Furnaces: 41
# of Water Heaters: 41
Separate Meters: Yes
Sold As-Is: Yes
M Struct Flood Plain: No
Below Grade Finished: 0
Nonconform SqFt Fin: 0
Above Grade Unfin: 0
Below Grade Unfin: 0
Sqft - Total Unfin: 0

Status Change Info

Contract Acceptance Date: 2016-02-10
Sold Date: 2016-04-29

More Information

1st Level

Total Units: 18
# of Rooms: 90
Living Room: 18
Full Baths: 18
Closets: 90
Kitchen: 18
Rent: 7776

2nd Level

Total Units: 17
# of Rooms: 85
Living Room: 17
Full Baths: 17
Closets: 85
Rent: 7344

3rd Level

Total Units: 6
# of Rooms: 30
Living Room: 6
Full Baths: 6
Closets: 30
Rent: 2592

Utilities

Electricity Connected: Yes
Fuel:Natural: Yes

Water Source

Public: Yes

Sewer

Public Sewer: Yes

Construction

Wood Frame: Yes
Vinyl Siding: Yes

Roof

Shingle: Yes

Owner Pays

Sewer: Yes
Trash Collection: Yes
Water: Yes

Tenant Pays

Cable TV: Yes
Electricity: Yes
Gas: Yes

Heating

Natural Gas: Yes

Patio and Porch Features

Deck: Yes

Cooling

Central Air: Yes

Project Facilities

Playground: Yes

Property Features

Construction: Wood Frame; Vinyl Siding Roof: Shingle Owner Pays: Trash Collection; Water Tenant Pays: Cable TV; Electricity; Gas Project Facilities: Playground Patio and Porch Features: Deck Utilities: Electricity Connected; Fuel:Natural Water Source: Public Sewer: Public Sewer Heating: Natural Gas Cooling: Central Air

Listing Office: RE/MAX Properties East

Last Updated: November - 26 - 2024

Broker Attribution: 502-762-5896

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search, Inc. Real estate listings held by brokerage firms other than the site owner are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about each listing includes the name of the listing broker.