2053 May Ave Active Save Request In-Person Tour Request Virtual Tour
Louisville,KY 40217
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,193 sqft
Price per Sqft $167
Subdivision Emmet Avenue
MLS Listing ID 1668303
Style Traditional
HOA Y/N No
Abv Grd Liv Area 1,193
Originating Board Metro Search (Greater Louisville Association of REALTORS®)
Year Built 1924
Lot Size 3,484 Sqft
Acres 0.08
Property Description
If you are looking for 2 units in a phenomenal area of Louisville, KY then you have FOUND IT! This duplex is the definition of RENOVATED and READY TO GO! This property consists of a 2 bed, 1 bath house and a studio in the back. This is your chance to acquire a property that should have little maintenance and capex items due to the significant amount of renovations done by the owner. With a current rent roll of $1930, this property has a great foundation in place that can only be made better by increasing the rents-which is your value add opportunity! The best part of this property is LOCATION, LOCATION, LOCATION as it is in a phenomenal area for all types of investment properties: student housing, long term rentals, mid term rentals, etc. The possibilities are limited only by your own This area is also great on value-having seen a 42% increase in sales price over the last 5 years. This investment has everything you want in a property-so what are you waiting for? Make an offer today, before it's gone!
Location
State KY
County Jefferson
Direction I65 to Exit 134 to Arthur St. Turn on E Brandeis Ave. Turn on S Preston St. Turn right onto E Barbee Ave. Turn left on May Ave.
Interior
Heating Forced Air,Natural Gas
Cooling Central Air
Exterior
Exterior Feature None
View Y/N No
Roof Type Shingle
Garage No
Building
Architectural Style Traditional
Structure Type Vinyl Siding