611 Finzer St, Louisville, KY, 40203
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Property Details
2
1
Single Family
Description
Property Details: • Type: Single Family • Bedrooms: 2 • Bathrooms: 1 • Square Feet: 1387 • Lot/Size: 2,779 sqft lot
Description: AIRBNB INVESTMENT OPPORTUNITY in the heart of Louisville offering a rare turnkey STR with strong projected returns and no CUP required. This fully furnished property at 611 Finzer St is zoned OR2 and grandfathered for short-term rental use, allowing the next owner to continue operations (buyer to register w/ the city within 30 days of closing). Configured as a 2BR with a 3rd room currently used as a bedroom (non-conforming), this functions as a 3BR opportunity with increased revenue potential. Based on AirDNA projections, the property is expected to generate ~$47,300/yr in gross revenue at ~60% occupancy and $215 ADR, producing an estimated NOI of ~$27,030 and a 10.8% cap rate at the $250K
Location
Address
611 Finzer St, Louisville, KY, 40203
City
Louisville
Features and Finishes
Year Built: 1900; [object Object]; [object Object]; [object Object]
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