Courtesy of Jason Gray, Totally About Houses.
Great investment opportunity! Perfectly situated near Churchill Downs, and U of L. This home was fully renovated a few years ago. Listed as a 3 bedroom, adding a closet to one room could easily turn this into a conforming 4-bedroom home. Long term tenants in place that want to stay. Current rental income is $1322 per month, and tenant pays all utilities! A rate increase is due with new lease before the new year. This well-maintained rental will be a cash flow property for many years to come.
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