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$295,000
Est. payment /mo
5 Beds
5 Baths
3,494 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 3,494 sqft
Price per Sqft $84
Subdivision Old Louisville
MLS Listing ID 1733409
Style Traditional
Bedrooms 5
HOA Y/N No
Abv Grd Liv Area 3,494
Year Built 1900
Lot Size 6,534 Sqft
Acres 0.15
Property Sub-Type Apartment
Source APEX MLS (Greater Louisville Association of REALTORS®)
Land Area 3494
Property Description
Near--turnkey, 5-unit income or house-hack opportunity in the Limerick area of Old Louisville, blocks from Spaulding University, Downtown, and Our Place Cafe (@ Ben Washer Park). $4K+ mo /$48K+ projected rental income @ full occupancy*. 4 of 5 units have been freshly updated, w/ stainless-steel appliances, tiled baths w/ new fixtures, and (some granite) countertops. 1 unit (3rd Flr) needs updating and allows room for value-add. All units have beautiful hardwood floors. 1st Flr unit (#1) has great built-in shelving and in-unit laundry. Units 1, 2, and 4 have private, designated exterior entrances, w/ # 4 accessible via new, exterior, TREX stairs. Separately metered for Electric, but not Gas. Tenants pay own electric, but Owner pays heat/water/sewer. 1 Furnace (inst 2015) provides heat heat to all 5 units. 2 new water heaters, interior basement steps and washer-dryer hook ups were all added 2025 *Projected rents are based on a combination of currently rents, previous rents and advertised rents. Currently 2 units (#1 and #3) are occupied @ $1,792 / mo total and 3 units are vacant. Ask agent for rent roll.
Location
State KY
County Jefferson
Direction S 2nd St or 3rd St to W Oak St or W St Catherine to street (property is between W St Catherine and W Oak St)
Interior
Cooling Wall/Window Unit(s)
Exterior
Exterior Feature None
View Y/N No
Roof Type Asphalt,Shingle
Garage No
Building
Lot Description Sidewalk
Water Public
Architectural Style Traditional
Structure Type Brick
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Listed by Eagan Realty Group
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