229 Sowder Lane London, KY 40741
Other Residential
MLS #: 25000905
Courtesy Of Freeman Brothers Realty LLC
$399,000
14 beds
|
10 baths
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Estimated monthly payments:
$1,744/mo.* (recalculate)
Property InformationDescription
Investor's Dream! This unique portfolio offers an incredible opportunity to own 10 doors in one transaction, featuring 2 single-family homes (each with 3 bedrooms and 1 bathroom) and 2 quadplexes with a total of 8 studio units. All four buildings are conveniently located on the same street, making them easy to manage and maintain.
#229, #231 and #235 Sowder ln.
Located just 5 minutes from downtown London, KY, and 1 minute from I-75, this portfolio offers easy access to local amenities, employment hubs, and transportation routes. All tenants are on month-to-month leases and have been long-term residents, providing a stable tenant base. Current rents are significantly below market (at least 30%), offering an excellent opportunity to reposition and add value.
The buildings are in need of updates and improvements, making this a prime opportunity for investors ready to unlock the full potential of this portfolio.
Broker owner
#229, #231 and #235 Sowder ln.
Located just 5 minutes from downtown London, KY, and 1 minute from I-75, this portfolio offers easy access to local amenities, employment hubs, and transportation routes. All tenants are on month-to-month leases and have been long-term residents, providing a stable tenant base. Current rents are significantly below market (at least 30%), offering an excellent opportunity to reposition and add value.
The buildings are in need of updates and improvements, making this a prime opportunity for investors ready to unlock the full potential of this portfolio.
Broker owner
Features
- Amenities: Dock
- Architecture Style: Other
- Lot Size: 1.31 Acres
MAP & DIRECTIONS
School Information
229 Sowder Lane, London, KY 40741
| Other Nearby Schools | Distance | Type | Grades | School Rating |
|---|---|---|---|---|
| Laurel County Virtual Academy | 1.0 mi | Public | 6-12 | |
| London Elementary School | 1.0 mi | Public | PK-5 | A+ |
| North Laurel High School | 1.8 mi | Public | 9-12 | C+ |
| Cornerstone Christian School | 2.3 mi | Private | PK-11 | |
| London Christian Academy | 2.3 mi | Private | KG-12 | |
| South Laurel Middle School | 2.7 mi | Public | 6-8 | A |
| Laurel County Schools Center For Innovation | 2.7 mi | Public | 10-12 | |
| South Laurel High School | 2.8 mi | Public | 9-12 | C+ |
| Mcdaniel Learning Center | 2.9 mi | Public | 9-12 | D- |
| North Laurel Middle School | 2.9 mi | Public | 6-8 | A+ |
| Sublimity Elementary School | 3.3 mi | Public | PK-5 | A+ |
| Johnson Elementary School | 3.5 mi | Public | PK-5 | A- |
| East Bernstadt Independent School | 3.9 mi | Public | PK-8 | A |
| Wyan-pine Grove Elementary School | 3.9 mi | Public | PK-5 | A |
| Colony Elementary School | 4.7 mi | Public | PK-5 | A- |
| Bush Elementary School | 4.9 mi | Public | PK-5 | A+ |
| Cold Hill Elementary School | 5.1 mi | Public | PK-5 | A+ |
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
Demographic Data
London, KY 40741
| Median Age: | 41 |
|---|---|
| Married: | 53% |
| Number of Households: | 9,469 |
| Households with Children: | 33.4% |
London, KY 40741
Demographic Data
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Occupancy Types
- 0 Vacant
- 0 Owned
- 0 Rented
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Transportation to Work
- 0 Drive
- 0 Public Transportation
- 0 Walk / Bike / Other
- 0 Work at Home
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