1345 S 3rd St Active Save Request In-Person Tour Request Virtual Tour
Louisville,KY 40208
Key Details
Property Type Multi-Family
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 5,235 sqft
Price per Sqft $133
Subdivision Old Louisville
MLS Listing ID 1680372
Style Traditional
Bedrooms 8
Year Built 1880
Lot Size 1,742 Sqft
Property Sub-Type Apartment
Property Description
Investors Take Note. 1880 Victorian in the heart of Old Louisville offers 5235 Sq. Ft. graciously divided into 6 fully renovated apartments. With total rents of $6,245 monthly, minus expenses the cap rate falls right around 8.5%. All units have recently been renovated with new electrical, separate meters, most all new plumbing, kitchens and baths. You will find maple kitchen cabinetry, granite countertops, fully equipped kitchens with new appliances including dishwashers, refrigerators, gas cooktops and ovens. The bathrooms have all been renovated too and shine with tile flooring and tub and shower surrounds in white subway tile with accents. Oak & Pine wood flooring throughout most of the units along with some exposed brick accent walls. Units are in great shape and fully rented. Recent updates include rebuilt front porch structure, new concrete porch stoop and sidewalk, handrails, box gutter tune-up, soffit & cornice repairs and paint, rebuilt fire escape.
Location
State KY
County Jefferson
Interior
Heating Forced Air,Natural Gas,Other
Cooling Wall/Window Unit(s)
Exterior
Exterior Feature See Remarks
View Y/N No
Roof Type Asphalt
Building
Lot Description Sidewalk
Building Description Wood Frame,Brick,Stone, Laundry Facility,Pets Allowed
Sewer Public Sewer
Water Public
Structure Type Wood Frame,Brick,Stone