$429,000
Louisville, KY 40208
MLS# 1650864
3000 sqft
1 / 33
Property Description
INVESTORS or Owner Occupied with Rental Income! This is a TRIPLEX property in an area that remains a prime target market in the Louisville area for investors, due to its proximity to the UNIVERSITY OF LOUISVILLE and downtown HOSPITALS. It is also a very short distance from magnet high school, DuPont Manual and the Youth Performing Arts School. This property was totally remodeled in 2011/12. Seller has NO PETS policy in place. The units are currently occupied and the Seller can provide documentation of 95% occupancy over the years. BRAND NEW ROOF (08/2023). Other recent upgrades and improvements include 1 new furnace, 1 new water heater, and fresh paint Units 1 and 2; new carpet in the 3rd unit bedroom. (Note: this is the ONLY carpet in the property.)
Details
Maps
Documents
None
Current Price: $429,000
General Listing Information
Listing Date: 2023-12-05
Listing Price: 429000
Property Sub Type: Triplex
HOA Y/N: No
Location
Street #: 1612
St Dir: S
Street: 2nd
St Suffix: St
Area: 01-Dtwn Old Louisville/Shively/West Lou
Sub Area: A
County: Jefferson
State/Province: KY
Zip Code: 40208
Deed Bk: 9939
Parcel ID: 033D00190000
Pg #: 0625
Subdivision/Condo: NONE
Block: 00
Lot: 00
Directions: 2nd St between Lee St and Gaulbert St - across from Youth Performing Arts School (YPAS)
Geo Lat: 38.223841
Geo Lon: -85.759348
Contract Info
Original List Price: 464000
Disclosure: Yes
Property Description
SqFt -Total Finished: 3000
Above Grade Finished: 3000
SqFt - Source: Other
First Floor Laundry: Yes
Garage Y/N: No
Basement Y/N: Yes
Total Units: 3
Lot Size Dimensions: 00
Lot SF: 0.13
Security Deposit: 2600
Age: 123
Year Built: 1900
# Parking Spaces: 4
Covered Parking: No
Term/Lease: 3 month to month
# of Furnaces: 3
# of Water Heaters: 3
Separate Meters: Yes
Sold As-Is: Yes
M Struct Flood Plain: No
Style: Other
Status Change Info
Status: Active
1st Level
Total Units: 1
# of Rooms: 5
Living Room: 1
Bedrooms: 2
Full Baths: 1
Closets: 1
Kitchen: 1
Refrigerator: 1
Range: 1
Dishwasher: 1
Laundry: 1
Rent: 1300
2nd Level
Total Units: 1
# of Rooms: 6
Living Room: 1
Bedrooms: 2
Full Baths: 1
Closets: 2
Kitchen: 1
Range: 1
Dishwasher: 1
Laundry: 1
Rent: 1300
3rd Level
Total Units: 1
# of Rooms: 2
Living Room: 1
Bedrooms: 1
Full Baths: 1
Closets: 1
Kitchen: 1
Refrigerator: 1
Range: 1
Rent: 1000
Cooling
# of HVAC Units: 3
Property Features
Construction: Brick
Roof: Flat; Shingle
Owner Pays: Sewer; Water
Tenant Pays: Cable; Electric; Gas
Exterior: Deck
Utilities: City Sewer; City Water; Electricity Connected; Fuel:Natural
Heating: # of HVAC Units
Supplements
The remaining flooring boasts beautiful, natural hardwood floors. The rental rates noted reflect the ~current market rates, which have soared in the last few years. This property could also be converted to single family residence. Contact Listing Agents with any questions.
Seller Disclosure 
Listing Office: Coldwell Banker McMahan
Last Updated: May - 06 - 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.