$1,650,000
Louisville, KY 40204
MLS# 1534022
Status: Closed
13280 sqft
1 / 1
Property Description
Unusual and rare opportunity! This 16 unit building is located in the highly sought after Highlands across from Collegiate School. Monthly income is $9600 and rents could easily be increased. There are 8 one bedroom units, 6 two bedroom units and 2 three bedroom units. Each unit has original hardwood floors and comes with a Stove and Refrigerator. These units are highly sought after and lease quickly with long term tenants. Building has one main water heater, but each unit has its own furnace. Tenants provide their own a/c units. Water and trash are included, tenants pay their own gas and electric. Leases vary as some are on a year and some are month-to-month. There is a detached garage that is not currently offered to tenants.
Details
Maps
General Listing Information
HOA Y/N: No
HOA Annual $: 0
Status: Closed
Listing Date: 2019-06-04
Listing Price: 2200000
Property Sub Type: Apartment
Contract Info
Disclosure: Yes
Original List Price: 2200000
Location
Sub Area: A
Deed Bk: 7241
Parcel ID: 075J00090000
Pg #: 0856
Block: 075J
Lot: 0009
Directions: Grinstead Drive to Glenmary
Street #: 2432
Street: Glenmary
St Suffix: Ave
Area: 02-Butchertwn/Hghlnds/Germantwn
County: Jefferson
State/Province: KY
Zip Code: 40204
Subdivision/Condo: NONE
Geo Lat: 38.240552
Geo Lon: -85.710881
Property Description
SqFt -Total Finished: 13280
Above Grade Finished: 13280
Below Grade Finished: 0
Nonconform SqFt Fin: 0
Above Grade Unfin: 0
Below Grade Unfin: 6640
Sqft - Total Unfin: 6640
SqFt - Source: Other
First Floor Laundry: No
Total Units: 16
Lot Size Dimensions: 0
Security Deposit: 10664
Age: 59
# Parking Spaces: 16
Covered Parking: Yes
Term/Lease: MTM
# of Furnaces: 16
# of Water Heaters: 1
Separate Meters: Yes
Sold As-Is: Yes
M Struct Flood Plain: No
Lot SF: 23522
Year Built: 1960
Status Change Info
Status: Closed
Contract Acceptance Date: 2019-07-15
Sold Date: 2019-08-07
Sold Price: $1,650,000
Architectural Style
Traditional: 1
Water Source
Public: 1
Sewer
Public Sewer: 1
Construction
Brick: 1
Roof
Shingle: 1
Heating
Forced Air: 1
Cooling
Wall/Window Unit(s): 1
Exterior
None: 1
None
Current Price: $1,650,000
Property Features
Architectural Style: Traditional
Construction: Brick
Roof: Shingle
Exterior: None
Water Source: Public
Sewer: Public Sewer
Heating: Forced Air
Cooling: Wall/Window Unit(s)
Supplements
However, one garage space is currently rented to a neighbor for an additional $166/month. The basement is currently unfinished and offers the tenants coin operated washers and dryers and has potential for development. Square footage is per PVA and not warranted- buyer to verify.
Listing Office: Schempp Realty Company
Last Updated: November - 26 - 2024
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