This beautifully renovated 2-bed, 1-bath property in West Louisville offers an exceptional investment opportunity with a tenant in place until October 2026, generating $1,100 per month in rental income. The tenant is responsible for all utilities, appliances, and yard maintenance, minimizing your operational costs. This turnkey investment provides immediate cash flow, making it an ideal choice for investors.
Key Investment Highlights:
* Attractive Cap Rate: This property boasts an impressive 10% cap rate before maintenance and vacancy.
* Low Maintenance Costs: With the tenant handling utilities and yard work, you can enjoy reduced operational expenses.
* Renovated for Long-Term Value: Recent renovations include a new roof, modern kitchen and bathroom, fresh paint, and