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2023 Downtown Irvine Duplex 277 Broadway St

2 Unit Apartment Building $340,193 CAD ($170,096 CAD/Unit) Irvine, KY 40336

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Investment Highlights

concrete parking to accommodate all tenants
easy landlord maintenance

all new interior finishes and no carpet

Executive Summary

Attention investors! Whether you are a seasoned investor or just starting your rental portfolio this duplex is too great to pass up! First time buyers can live in one unit and make rental income on the other unit. What's special about this duplex is the walkable location, updated modern interior and spacious yard. Just 2 miles from the hospital and various other employers each unit is 2 bedrooms and 2 bathrooms with an open concept living room and kitchen. The flooring is a durable and also beautiful vinyl plank. The appliances are stainless steel and each comes fully equipped. All kitchen appliances convey. There is plenty of concrete parking for tenants and guests. The porches are cozy and the spacious front and back yards offer an abundance of recreational space for tenants. 275 Broadway Street is also for sale.

277 Broadway St. - Flyer_052924

Seller's Disclosure

Financial Summary (Actual - 2023)	Annual (CAD)	Annual Per SF (CAD)
Gross Rental Income	$35,720	$15.53
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	$35,720	$15.53
Taxes	-	-
Operating Expenses	$3,969	$1.73
Total Expenses	$3,969	$1.73
Net Operating Income	-	-

Financial Summary (Actual - 2023)

Gross Rental Income (CAD)
Annual	$35,720
Annual Per SF	$15.53

Other Income (CAD)
Annual	-
Annual Per SF	-

Vacancy Loss (CAD)
Annual	-
Annual Per SF	-

Effective Gross Income (CAD)
Annual	$35,720
Annual Per SF	$15.53

Taxes (CAD)
Annual	-
Annual Per SF	-

Operating Expenses (CAD)
Annual	$3,969
Annual Per SF	$1.73

Total Expenses (CAD)
Annual	$3,969
Annual Per SF	$1.73

Net Operating Income (CAD)
Annual	-
Annual Per SF	-

Property Facts

Price	$340,193 CAD	Apartment Style	Townhome
Price Per Unit	$170,096 CAD	Building Size	2,300 SF
Sale Type	Investment	Average Occupancy	100%
Sale Conditions	REO Sale	No. Stories	2
No. Units	2	Year Built	2023
Property Type	Multifamily	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Subtype	Apartment Multifamily Dormitory

Price	$340,193 CAD
Price Per Unit	$170,096 CAD
Sale Type	Investment
Sale Conditions	REO Sale
No. Units	2
Property Type	Multifamily
Property Subtype	Apartment Multifamily Dormitory
Apartment Style	Townhome
Building Size	2,300 SF
Average Occupancy	100%
No. Stories	2
Year Built	2023
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.