$315,000
$329,000
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3,044 SqFt
SOLD DATE : 12/17/2021
Key Details
Sold Price $315,000
Property Type Multi-Family
Sub Type Quadplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,044 sqft
Price per Sqft $103
Subdivision Crescent Hill
MLS Listing ID 1600761
Sold Date 12/17/21
Style Traditional
HOA Y/N No
Abv Grd Liv Area 3,044
Originating Board Greater Louisville Association of REALTORS®
Year Built 1908
Lot Size 8,712 Sqft
Acres 0.2
Property Description
Open Saturday 2-4, Crescent Hill Victorian Beauty, has a great front porch, tall ceilings, wide moldings and lots of historic charm. Roof and Windows replaced last year. The opportunities are endless, for conversion to a single family, owner/occupy duplex. It is currently being used as 4-plex with an annual income of $32,700. There are four electric meters and tenants pay their own electricity. Owner pays water and gas bill, gas avg. $262 month & avg. water is $142 monthly. Hite Avenue has Lovely wide boulevard to stroll with your pet, or sit and visit. Showings will be limited after open house, not wanting to disturb tenants. Two Tenants are on month to month leases and two are on 1 year. 3rd floor is walk up stairway and totally open and could be finished or added to 2nd fl. owner/agent There are 3 spacious 1 Bedroom apartments and 1 efficiency apartment. Units rent very quickly and seldom vacant. One unit upstairs is set up like an efficiency but laid out nicely, with separate kitchen, bath, and a little room off the kitchen and it's own balcony/porch. The whole third floor is unfinished and could be designed to make Unit #3 into a townhouse with more space and bedrooms. Property overall is in very nice shape and being offered as is. Parking for 3 cars in the rear. All units have stove and refrigerator. All gas lines have been replaced. Electric is 4 separate boxes and circuit breakers. Second Floor Units 3 and 4 could easily be combined to make a 2 bedroom, 2 bath owners suite and would also have access to the third floor.
Location
State KY
County Jefferson
Direction Frankfort Ave to N. Hite Ave, 2nd house on right across RR
Interior
Heating Forced Air, Natural Gas
Cooling Wall/Window Unit(s)
Exterior
Exterior Feature Balcony, Porch
View Y/N No
Roof Type Rolled/Hot Mop,Shingle
Building
Architectural Style Traditional
Structure Type Wood Frame
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