409 Kensington Ct

This rare multifamily opportunity is situated on a quiet walking court in Old Louisville, blocks from Manual High School. The property is a purpose built apartment building of 12 large units with a diverse mixture of 1, 2 and 3 BR units with hardwood flooring, some including balconies overlooking the walking court. A large, full lower level was formerly finished and could potentially be converted to another unit for added value. The property is located on the south side of Old Louisville in close proximity to UofL. It has separate gas and electric meters with those utilities paid by the tenants and separate hot water heaters. An investor will enjoy a high demand tenant base, as well as strong intrinsic value of the underlying real estate. > 12 sizable units (10-2BR/1-3BR/ 1-1BR