1834 W Muhammad Ali Blvd., Louisville, KY 40203 - multi-family property

Detailed information about multi-family property which situated in Louisville (40203) city, Kentucky state on 1834 W Muhammad Ali Blvd..
The property is located in a stable area 2 blocks North of W. Broadway which is a commercial corridor of grocery stores, retail outlets and other businesses. In the immediate area there is the Erdmann Corporation, Kentucky Center of African American Heritage, a Methodist Church and the old Jay’s Cafeteria.

Additional Information: Property consists of 2 buildings. 1834 W Muhammad Ali Blvd has 11 units with 11,684 SF and a mix of four 2 bedrooms (1,150 SF each) and six 3 bedrooms (1,200 SF each). 2001 W Muhammad Ali Blvd has 3 units with 3,780 SF of three 3 bedrooms (1,200 SF each). They are a block apart and both on highly visible corners. Solid brick construction. Gross rents are $99,192 annually or $8,266 monthly. 2 BR's currently renting for $539/mo. and 3 BR's for $619/mo. Property was renovated under the LIHTC program in 1997 with all units separately metered for gas & electric.