6BR Home in Louisville , KY

About This Property

🔥 CREATIVE FINANCE MULTIFAMILY OPPORTUNITY – LOUISVILLE, KY 🔥 📍 1924 W Chestnut St, Louisville, KY 40203 Approx. 3,200 SF Multifamily Redevelopment Opportunity R6 Multifamily Zoning | Alley Access | Seller Financing Available This is a rare chance to acquire a large multifamily redevelopment project at an extremely low basis with flexible terms. PROPERTY HIGHLIGHTS • Approx. 3,200 SF structure • R6 Multifamily Zoning • Alley access • Workforce housing opportunity • Strong value-add potential • Seller financing available • Multiple exit strategies (Flip, BRRRR, Hold, Workforce Housing) • Significant upside through stabilization and repositioning COMPARABLE SALES SUPPORT Nearby workforce duplexes have traded between approximately $74-$84 per square foot, while stronger renovated multifamily properties have exceeded $100 per square foot. Based on comparable sales and stabilization level, investors may support valuations ranging from approximately $170,000 to $275,000+, with additional upside possible depending on renovation quality and execution. BUYER TO VERIFY ALL NUMBERS, VALUES, ZONING, AND DEVELOPMENT POTENTIAL. PURCHASE OPTIONS OPTION 1 – CREATIVE FINANCE Purchase Price: $169,900 • Contact for details Down • Seller Financing on Remaining Balance • 0% Interest • 36-Month Ideal for investors looking to preserve rehab capital while controlling a large multifamily asset. OPTION 2 – CASH PRICE Purchase Price: Contact for details Cash • Quick Close Available • Assignment Opportunity • Buyer Pays Standard Closing Costs IDEAL FOR ✅ BRRRR Investors ✅ Multifamily Operators ✅ Workforce Housing Investors ✅ Section 8 / Voucher Housing Operators ✅ Developers Seeking Low-Basis Opportunities This property is being marketed as a redevelopment and value-add opportunity. The value is not in today's condition—it's in the spread between acquisition basis and stabilized value. Serious Investors Only. Message for photos, walkthrough information, and additional property details.

Features & Highlights