1206 S Preston

    Louisville, KY 40203
    • $150,000
    • STATUS: Closed
    • ON SITE: 106 days
    • ID#: 1502106
    Sold - 05/25/2018
    $150,000
    SOLD - 05/25/2018
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,884
      SQFT
    • $80
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1900
    County:

    School Ratings & Info

    Description

    Strong Rents in a rapidly emerging area (two lovely newly renovated homes just sold across the street!)...1 Efficiency & three 1BR/1BA units. Bringing in $2306 per mo with everyone paying their own LGE! Additionally, this bldg has OFF-STREET PARKING - a major perk in this area! EZ to lease/rents could be much higher with a little renovation & removal of Sect 8. Currently caps at 10.1%. Unit 1/Efficiency leased $595 (LE 09/30/2018), Unit 2/1BR leased $550 (MTM), Unit 3/1BR leased $575 (LE 07/31/2018), Unit 4/1BR leased for $586 (LE 09/30/2018). AT LEAST 48 hrs posted notice to show/no showings after 6pm/no showings Derby Weekend/tenants rights prevail. Stacking w/d unit plumbing ''roughed in'' in side hallway/no machine.

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    © 2018 Greater Louisville Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Sokoler-Medley Team - RE/MAX Properties East. Data last updated: 2018-08-16T18:58:48.377.
    www.louisvillepropertyonline.com/homes/83111821

    1206 S Preston Louisville, KY 40203

    • Price: $159,900
    • Status: Closed
    • Updated: 72 min ago
    • ID#: 1502106
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1,884
    SQFT
    $80
    $/SQFT
    1900
    Built
    Neighborhood:
    Shelby Park
    County:
    Jefferson
    Area:
    Butchertwn/Highlands/Germantown
    Property Description
    Strong Rents in a rapidly emerging area (two lovely newly renovated homes just sold across the street!)...1 Efficiency & three 1BR/1BA units. Bringing in $2306 per mo with everyone paying their own LGE! Additionally, this bldg has OFF-STREET PARKING - a major perk in this area! EZ to lease/rents could be much higher with a little renovation & removal of Sect 8. Currently caps at 10.1%. Unit 1/Efficiency leased $595 (LE 09/30/2018), Unit 2/1BR leased $550 (MTM), Unit 3/1BR leased $575 (LE 07/31/2018), Unit 4/1BR leased for $586 (LE 09/30/2018). AT LEAST 48 hrs posted notice to show/no showings after 6pm/no showings Derby Weekend/tenants rights prevail. Stacking w/d unit plumbing ''roughed in'' in side hallway/no machine.
    Exterior Features

    Construction Vinyl Covered Parking No Exterior PorchSee Remarks Lot Description Sidewalk Lot Size 0 Parking Spaces 3.0 Roof Shingle

    Interior Features

    1st Level Bedrooms 2 1st Level Full Baths 3 1st Level Partial Baths 0 1st Level Rooms 8 1st Level Total Units 3 2nd Level Bedrooms 1 2nd Level Full Baths 1 2nd Level Partial Baths 0 2nd Level Rooms 3 2nd Level Total Units 1 Above Grade Finished 1884.00 Above Grade Unfin 0.00 Below Grade Finished 0.00 Below Grade Unfin 0.00 Energy Forced Air HeatWindow/Wall Unit Nonconform Sq Ft Fin 0.00 Sqft Total Unfin 0.00 Total Units 4.0000 Water Heaters 1.0000

    Property Features

    1st Level Rent 1731.00 2nd Level Rent 575.00 City Tax 0 County Tax 1.2 Disclosure Yes Flood Plain No Furnaces 4.00 Lease Term Annual Multifamily Sub Type Quadplex Owner Pays See RemarksSewerTrash RemovalWater Security Deposit 400 Separate Meters Yes Sq Ft Source Pva Tenant Pays CableElectricGas Utilities City SewerCity WaterElectricFuel:Natural

    Listing provided courtesy of Gant Hill & Associates, Llc. © 2018 Metro Search, Inc. All rights reserved.


    © 2018 Greater Louisville Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Sokoler-Medley Team - RE/MAX Properties East. Data last updated: 2018-08-16T18:58:48.377.
     
    The Sokoler-Medley Team - RE/MAX Properties East
    10525 Timberwood Circle
    Louisville KY, 40223