1415 S 3rd

    Louisville, KY 40208
    • $425,000
    • STATUS: Active
    • ON SITE: 226 days
    • ID#: 1495565
    UPDATED: 25 min ago
    $425,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,498
      SQFT
    • $65
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1900
    County:

    School Ratings & Info

    Description

    Attention Investors! This beauty is located on Millionaires Row in Historic Old Louisville. Offering 10 rental units which includes 2 units located in the lower level of the main building, 6 units above grade in the main building and 2 units in the rear carriage house. The facade of the grand mansion offers original honed stone, the interior still offers many of it's original features such as natural millwork, inlaid hardwood floors, pocket doors and stained-glass windows. The main building had $40,000 in exterior repairs done last summer including repairs to box gutters, exterior repairs to soffits, cornice, window sills and 2 coats of Sherman Williams Premium Exterior Paint. With a bit of updating to the individual units the rents could be increased. Tenants love the fact that allthat all their utilities are included in their rent and will generally pay higher rents knowing that they don't have to deal with utility expenses. Please see the attached rent roll for current rents along with the invoice detailing repairs made last year by a Historical Preservation Specialist, Joseph Sena, Inc. With all the historic character this would also be a great property to bring back to a single-family home or create a lovely owner's unit.

    Monthly Payment Calculator



    © 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: 2018-09-24T19:58:39.76.
    www.louisvillepropertyonline.com/homes/80670048

    1415 S 3rd Louisville, KY 40208

    • Price: $425,000
    • Status: Active
    • Updated: 25 min ago
    • ID#: 1495565
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    6,498
    SQFT
    $65
    $/SQFT
    1900
    Built
    Neighborhood:
    Old Louisville
    County:
    Jefferson
    Area:
    Dtwn Old Louisville/Shively/West Lou
    Property Description
    Attention Investors! This beauty is located on Millionaires Row in Historic Old Louisville. Offering 10 rental units which includes 2 units located in the lower level of the main building, 6 units above grade in the main building and 2 units in the rear carriage house. The facade of the grand mansion offers original honed stone, the interior still offers many of it's original features such as natural millwork, inlaid hardwood floors, pocket doors and stained-glass windows. The main building had $40,000 in exterior repairs done last summer including repairs to box gutters, exterior repairs to soffits, cornice, window sills and 2 coats of Sherman Williams Premium Exterior Paint. With a bit of updating to the individual units the rents could be increased. Tenants love the fact that allthat all their utilities are included in their rent and will generally pay higher rents knowing that they don't have to deal with utility expenses. Please see the attached rent roll for current rents along with the invoice detailing repairs made last year by a Historical Preservation Specialist, Joseph Sena, Inc. With all the historic character this would also be a great property to bring back to a single-family home or create a lovely owner's unit.
    Exterior Features

    Construction BrickStone Covered Parking No Exterior DeckPorch Lot Description Sidewalk Lot Size 0 Parking Spaces 0.0 Roof Shingle

    Interior Features

    1st Level Bedrooms 3 1st Level Full Baths 3 1st Level Total Units 3 2nd Level Bedrooms 5 2nd Level Full Baths 5 2nd Level Total Units 4 3rd Level Bedrooms 2 3rd Level Full Baths 2 3rd Level Total Units 1 Above Grade Finished 4787.00 Above Grade Unfin 0.00 Basement Level Bedrooms 2 Basement Level Full Baths 2 Basement Level Total Units 2 Below Grade Finished 1711.00 Below Grade Unfin 0.00 Energy Forced Air HeatGas HeatSteam Heat Nonconform Sq Ft Fin 0.00 Sqft Total Unfin 0.00 Total Units 10.0000 Water Heaters 2.0000

    Property Features

    1st Level Rent 1234.00 2nd Level Rent 945.00 3rd Level Rent 750.00 Basement Level Rent 885.00 City Tax 0 County Tax 1.4 Disclosure No Flood Plain No Furnaces 2.00 Lease Term Varies Multifamily Sub Type Apartment Owner Pays ElectricGasSewerWater Preservation Dist Old Louisville Security Deposit N/A Separate Meters No Sq Ft Source Pva Utilities City SewerCity WaterElectricFuel:Natural

    Listing provided courtesy of Re/Max 100. © 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: 2018-09-24T19:58:39.76.
     
    The Sokoler-Medley Team - RE/MAX Properties East
    10525 Timberwood Circle
    Louisville KY, 40223