$735,000
Louisville, KY 40208
MLS# 1655870
5235 sqft
1 / 40
Property Description
Investors Take Note. 1880 Victorian in the heart of Old Louisville offers 5235 Sq. Ft. graciously divided into 6 fully renovated apartments. With total rents of $5,705, minus expenses the cap rate falls right around 7.5%. All units have recently been renovated with new electrical, separate meters, most all new plumbing, kitchens and baths. You will find maple kitchen cabinetry, granite countertops, fully equipped kitchens with new appliances including dishwashers, refrigerators, gas cooktops and ovens. The bathrooms have all been renovated too and shine with tile flooring and tub and shower surrounds in white subway tile with accents. Oak & Pine wood flooring throughout most of the units along with some exposed brick accent walls.
Details
Maps
Documents
None
Current Price: $735,000
General Listing Information
Listing Date: 2024-03-05
Listing Price: 735000
Property Sub Type: Apartment
HOA Y/N: No
Location
Street #: 1345
St Dir: S
Street: 3rd
St Suffix: St
Area: 01-Dtwn Old Louisville/Shively/West Lou
Sub Area: A
County: Jefferson
State/Province: KY
Zip Code: 40208
Deed Bk: 10938
Parcel ID: 032E00550000
Pg #: 509
Subdivision/Condo: OLD LOUISVILLE
Block: 032E
Lot: 0055
Directions: From I-65 take St. Catherine to left (South) on S. 3rd St. (Millionaires Rd.) Property is between Park Ave. and Magnolia on the East side of the street.
Geo Lat: 38.230735
Geo Lon: -85.75887
Contract Info
Original List Price: 750000
Disclosure: Yes
Property Description
SqFt -Total Finished: 5235
Above Grade Finished: 5235
Below Grade Unfin: 2111
Sqft - Total Unfin: 2111
SqFt - Source: Appraiser
First Floor Laundry: Yes
Garage Y/N: No
Basement Y/N: Yes
Total Units: 6
Lot Size Dimensions: 40x190
Lot SF: 1880
Security Deposit: varies
Age: 144
Year Built: 1880
# Parking Spaces: 4
Covered Parking: No
Term/Lease: varies
# of Furnaces: 2
# of Water Heaters: 1
Separate Meters: Yes
Sold As-Is: No
M Struct Flood Plain: No
Style: Traditional
Status Change Info
Status: Active
1st Level
Total Units: 2
Living Room: 2
Bedrooms: 3
Full Baths: 2
Kitchen: 2
Refrigerator: 2
Range: 2
Rent: 1850
2nd Level
Total Units: 3
Living Room: 3
Bedrooms: 3
Full Baths: 3
Kitchen: 3
Refrigerator: 3
Range: 3
Rent: 2655
3rd Level
Total Units: 1
Living Room: 1
Bedrooms: 2
Full Baths: 1
Kitchen: 1
Refrigerator: 1
Range: 1
Rent: 1200
Property Features
Construction: Brick; Frame - Wood; Stone
Roof: Asphalt
Owner Pays: Gas; Sewer; Water
Tenant Pays: Cable; Electric
Project Facilities: Laundry Facility; Pets Allowed
Exterior: Porch
Utilities: City Sewer; City Water; Electricity Connected; Fuel:Natural
Heating: Forced Air; Natural Gas; Other
Cooling: Wall/Window Unit(s)
Lot Description: Sidewalk
Supplements
Recent updates include rebuilt front porch structure, new concrete porch stoop and sidewalk, handrails, box gutter tune-up, soffit & cornice repairs and paint, rebuilt fire escape.
Seller Disclosure 
Listing Office: RE/MAX 100
Last Updated: April - 19 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search, Inc. Real estate listings held by brokerage firms other than the site owner are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about each listing includes the name of the listing broker.