1503 S 3rd

    Louisville, KY 40208
    • $309,900
    • STATUS: Active
    • ON SITE: 107 days
    • ID#: 1534010
    $309,900
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,069
      SQFT
    • $76
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1900
    County:

    School Ratings & Info

    Description

    Don't miss out on this rare opportunity to own a beautiful, updated triplex located in historic Old Louisville on Millionaires Row. Great stabilized rental property. The current owner has renovated this large multi-family property so that anyone would be proud to own or occupy. There are still some exterior cosmetics to do; however, the hard work has been completed (every room has been touched!). Enter to a truly remarkable large Foyer with great natural lighting and a stunning staircase! The filigree work is a treasure and is showcased for all to enjoy! Unit #1 is a 2BR/1BA unit leased for $900 (lease ends 8/31/2020) with beautiful original hardwood floors, in-unit laundry and a covered back deck. Unit #2 is a large 2BR/1BA ...that was renovated for the owner to occupy the space...leased at $1150 (lease ends 05/31/2020) and it's amazing! Gorgeous brand-new kitchen, fabulous bathroom with glass shower & porcelain tile, in-unit laundry and new flooring throughout. This unit also has a great covered back deck! Unit #3 is a sizable 1BR/1BA, leased for $675 (lease ends 01/10/2020) with a dedicated laundry in the basement. Please review the Sellers Disclosure of Property Condition for more information as to what has been upgraded/updated. Otherwise, the property is sold in AS IS/WHERE IS condition. The property is ideally located at the corner of South 3rd and E Hill Streets only 4 blocks from the University of Louisville, 5 minutes from the Central Business District downtown and has easy access to every major interstate in the city. The tenant & rental population is endless! This property would be a great addition to any rental portfolio or a superior live/rent situation on the 2nd floor for the savvy investor! Make your appointment today. Tenants rights apply with 48 hours notice. No showings after 5pm and no showings on weekends or holidays. No sign on property. Agents...plan your viewing now and bring us an offer! Seller reserves the right to reject up to 3 home inspectors. This building will not go FHA/VA. Seller will not accept an FHA/VA contract. PRICE IMPROVEMENT!

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    © 2019 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: 2019-09-20T23:59:40.6.
    www.louisvillepropertyonline.com/homes/95562898

    1503 S 3rd Louisville, KY 40208

    • Price: $309,900
    • Status: Active
    • ID#: 1534010
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    4,069
    SQFT
    $76
    $/SQFT
    1900
    Built
    Neighborhood:
    Old Louisville
    County:
    Jefferson
    Area:
    Dtwn Old Louisville/Shively/West Lou
    Property Description
    Don't miss out on this rare opportunity to own a beautiful, updated triplex located in historic Old Louisville on Millionaires Row. Great stabilized rental property. The current owner has renovated this large multi-family property so that anyone would be proud to own or occupy. There are still some exterior cosmetics to do; however, the hard work has been completed (every room has been touched!). Enter to a truly remarkable large Foyer with great natural lighting and a stunning staircase! The filigree work is a treasure and is showcased for all to enjoy! Unit #1 is a 2BR/1BA unit leased for $900 (lease ends 8/31/2020) with beautiful original hardwood floors, in-unit laundry and a covered back deck. Unit #2 is a large 2BR/1BA ...that was renovated for the owner to occupy the space...leased at $1150 (lease ends 05/31/2020) and it's amazing! Gorgeous brand-new kitchen, fabulous bathroom with glass shower & porcelain tile, in-unit laundry and new flooring throughout. This unit also has a great covered back deck! Unit #3 is a sizable 1BR/1BA, leased for $675 (lease ends 01/10/2020) with a dedicated laundry in the basement. Please review the Sellers Disclosure of Property Condition for more information as to what has been upgraded/updated. Otherwise, the property is sold in AS IS/WHERE IS condition. The property is ideally located at the corner of South 3rd and E Hill Streets only 4 blocks from the University of Louisville, 5 minutes from the Central Business District downtown and has easy access to every major interstate in the city. The tenant & rental population is endless! This property would be a great addition to any rental portfolio or a superior live/rent situation on the 2nd floor for the savvy investor! Make your appointment today. Tenants rights apply with 48 hours notice. No showings after 5pm and no showings on weekends or holidays. No sign on property. Agents...plan your viewing now and bring us an offer! Seller reserves the right to reject up to 3 home inspectors. This building will not go FHA/VA. Seller will not accept an FHA/VA contract. PRICE IMPROVEMENT!
    Exterior Features

    Construction Brick Covered Parking No Exterior DeckPorchSee Remarks Lot Description CornerCovt/RestrSee RemarksSidewalk Lot Size 0 Parking Spaces 0.0 Roof Shingle

    Interior Features

    1st Level Bedrooms 2 1st Level Full Baths 1 1st Level Partial Baths 0 1st Level Rooms 4 1st Level Total Units 1 2nd Level Bedrooms 2 2nd Level Full Baths 1 2nd Level Partial Baths 0 2nd Level Rooms 5 2nd Level Total Units 1 3rd Level Bedrooms 1 3rd Level Full Baths 1 3rd Level Partial Baths 0 3rd Level Rooms 4 3rd Level Total Units 1 Above Grade Finished 4069.00 Above Grade Unfin 0.00 Below Grade Finished 0.00 Below Grade Unfin 1441.00 Energy Central AirForced Air HeatGas HeatWindow/Wall Unit Nonconform Sq Ft Fin 0.00 Sqft Total Unfin 1441.00 Total Units 3.0000 Water Heaters 3.0000

    Property Features

    1st Level Rent 900.00 2nd Level Rent 1150.00 3rd Level Rent 675.00 Basement Level Rent 0.00 City Tax 0 County Tax 1.2 Disclosure Yes Flood Plain No Furnaces 3.00 Lease Term Annual Multifamily Sub Type Triplex Owner Pays Trash RemovalWater Preservation Dist Old Louisville Security Deposit Varies Separate Meters Yes Sq Ft Source Other Tenant Pays SewerTrash RemovalWater Utilities City SewerCity WaterElectricity ConnectedFuel:Natural

    Listing provided courtesy of Great Space Louisville Llc. © 2019 Metro Search, Inc. All rights reserved.


    © 2019 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: 2019-09-20T23:59:40.6.
     
    The Sokoler-Medley Team - RE/MAX Properties East
    10525 Timberwood Circle
    Louisville KY, 40223