523 W Hill

    Louisville, KY 40208
    • $195,000
    • STATUS: Active Under Contract
    • ON SITE: 60 days
    • ID#: 1540614
    Under Contract
    UPDATED: 72 min ago
    $195,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,607
      SQFT
    • $75
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1900
    County:

    School Ratings & Info

    Description

    Back on market w/full tear off and new roof, plumbing, electrical updates, 1 new hot water heater, termite treated and damage repaired. Great tri-plex in heart of Old Louisville backing up to Belgravia Court just off St. James Court. Current rents are drawing $1400 per month (far below market value due to long term tenants), but with some cosmetic updating & sprucing up it should easily generate $2000+ per month with its location. Two one-bedroom units (one w/additional sitting room that could become a huge walk-in closet which tenants would love) and one 2-bedroom unit. The property is separate metered for gas and electric, has separate HVAC systems & hot water heaters.There is a privacy fenced rear yard that could be improved to create great outdoor living space for the tenants or owner occupants alike. Investors and owner occupants need to see this great property. The owner occupant could live here and have their entire mortgage payment made by the additional 2 units. Incredible potential in an awesome location. Mostly single-family homes on this block. Come check this property out and make it your home or add to your rental portfolio for secure income.

    Monthly Payment Calculator



    © 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: 2019-10-17T16:59:04.11.
    www.louisvillepropertyonline.com/homes/98063700

    523 W Hill Louisville, KY 40208

    • Price: $195,000
    • Status: Active Under Contract
    • Updated: 72 min ago
    • ID#: 1540614
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    2,607
    SQFT
    $75
    $/SQFT
    1900
    Built
    Neighborhood:
    Old Louisville
    County:
    Jefferson
    Area:
    Dtwn Old Louisville/Shively/West Lou
    Property Description
    Back on market w/full tear off and new roof, plumbing, electrical updates, 1 new hot water heater, termite treated and damage repaired. Great tri-plex in heart of Old Louisville backing up to Belgravia Court just off St. James Court. Current rents are drawing $1400 per month (far below market value due to long term tenants), but with some cosmetic updating & sprucing up it should easily generate $2000+ per month with its location. Two one-bedroom units (one w/additional sitting room that could become a huge walk-in closet which tenants would love) and one 2-bedroom unit. The property is separate metered for gas and electric, has separate HVAC systems & hot water heaters.There is a privacy fenced rear yard that could be improved to create great outdoor living space for the tenants or owner occupants alike. Investors and owner occupants need to see this great property. The owner occupant could live here and have their entire mortgage payment made by the additional 2 units. Incredible potential in an awesome location. Mostly single-family homes on this block. Come check this property out and make it your home or add to your rental portfolio for secure income.
    Exterior Features

    Construction BrickFrame - WoodStone Covered Parking No Exterior Porch Lot Description Sidewalk Lot Size .0656 Parking Spaces 0.0 Roof MembraneShingle

    Interior Features

    1st Level Bedrooms 1 1st Level Full Baths 1 1st Level Rooms 4 1st Level Total Units 1 2nd Level Bedrooms 2 2nd Level Full Baths 1 2nd Level Rooms 4 2nd Level Total Units 1 3rd Level Bedrooms 1 3rd Level Full Baths 1 3rd Level Rooms 3 3rd Level Total Units 1 Above Grade Finished 2607.00 Above Grade Unfin 0.00 Below Grade Finished 0.00 Below Grade Unfin 0.00 Energy Central AirForced Air HeatGas Heat Nonconform Sq Ft Fin 0.00 Sqft Total Unfin 0.00 Total Units 3.0000 Water Heaters 3.0000

    Property Features

    1st Level Rent 500.00 2nd Level Rent 600.00 3rd Level Rent 300.00 City Tax . County Tax 1.4 Disclosure Yes Flood Plain No Furnaces 3.00 Lease Term Mo To Mo Multifamily Sub Type Triplex Owner Pays SewerWater Security Deposit Varies Separate Meters Yes Sq Ft Source Other Tenant Pays ElectricGas Utilities City SewerCity WaterElectricity ConnectedFuel:Natural

    Listing provided courtesy of Re/Max 100. © 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: 2019-10-17T16:59:04.11.
     
    The Sokoler-Medley Team - RE/MAX Properties East
    10525 Timberwood Circle
    Louisville KY, 40223