710 Rubel Ave Louisville, KY 40204

Wow!!! Unique Historic Victorian Painted Lady!
PRIME LOCATION, UNIQUE HISTORIC HOME, COLORFUL LIFESTYLE, GREAT INVESTMENT is what you get with 710 Rubel Avenue in this ''Original Highlands'' fourplex. Located in the most desirable neighborhood in Louisville, the demand for rental units is such that you will never want for a tenant. Description
This three-story, chromatic Victorian beauty is configured as a highly profitable fourplex and is a delightful place to live. It has unique renovations throughout. Both second floor apartments include a spiral staircase that leads to a loft style second bedroom in the third-floor attic. The amazingly unique and colorful property has dramatic surprises in each apartment home, with some modernized room layouts, lots of upbeat colors along with updated kitchens with all the appliances including dishwashers. Tenants enjoy the free common area basement laundry.
This investment is fully leased through July of this year bringing in just over $4,000 in rent per month. The tenants pay their own gas & electric. However, in this changing post pandemic time the rents are well below market compared to current rents on East Broadway which are hundreds more per unit.

710 Rubel at $449,500 is a solid value in a highly sought-after neighborhood and a location with soaring values. It has individual cooling and heating systems that are separately metered. It's has historic wood floors, high ceilings, colorful common hallway areas and includes a walk-in secure basement common laundry facility.
All units have window cooling units and each an individual gas heater.
Unit # 1: (480 Square feet) $985 a month one bedroom---newly remodeled kitchen and bathroom with high ceilings and window unit and gas heater.

Unit # 2: (494 Square feet) $859 rent discounted by $150 for doing yard and gardening One bedroom cozy but has a newly remodeled bathroom and kitchen. Also provides a backdoor directly to the spacious privacy fenced backyard for all building residents outdoor enjoyment. Including a firepit for social gathering and relaxed enjoyment.

Unit # 3: This attractive two-story loft like unit includes a unique spiral staircase up to the 3rd floor office great room. There are two skylights, great for office or additional bedroom ($1,069 ) 744 square footage spectacular two story Standard central staircase provides egress from third and second floors to first floor and allows for beds, desks and couches to be brought up. The fireplace in this unit is gas and it works.

Unit # 4: Spectacular two story loft like unit with popular spiral stair case to 3rd floor which has two skylights, great for office or additional bedroom. A big bonus in this apartment home is a newly built porch that goes out from the kitchen overlooking the backyard and provides space for eating, sunbathing, bird watching; additional interior staircase provides egress from third & second floors to first floor and allows for beds, desks and couches to be brought up. Rent is $1,099 and approx. 605 square feet of living space not counting the porch.

This four plex chromatic home has been rented in the past for around $4,000 total a month. But the rents are below current market as compared to the units rented out at the nearby. This is a great walkable and safe neighborhood that is popular during these post pandemic times. Walkable neighborhoods are a medical miracle to preventing or curing modern ailments caused by lack of exercise.

710 Rubel Ave is not just a home, but also a lifestyle in a highly sought-after neighborhood location with soaring values. With gas prices going up, the demand for these homes will be high while far away suburbs will see their values plunge like the last rise in gas prices.

Live, work and play in this gorgeous, turn-of-the-century three-story brick Victorian in Louisville's most heralded neighborhood, The Highlands. Adjacent to East Broadway and Ruble Avenue, the "Original Highlands" is an amazing neighborhood of restored Victorians and painted ladies. This home is located within walking distance of the highly desirable Bardstown Rd and Baxter Avenue restaurants, bars, clubs and shops and only a few minutes away from downtown Louisville as well as Cherokee Park. Some of the highest walkability scores in Louisville are in this calm and creative neighborhood. Walkable neighborhoods have lower crime rates. With gas prices going up, the demand for these homes will be high.
The Highlands is an iconic place celebrated around the world: a weird, independent, fun, quirky, historic, diverse, tolerant and one-of-a kind neighborhood with the greatest variety of restaurants, places of worship and live music. The neighborhood is walkable, bikeable and a dog walker's paradise. It's just a short commute to downtown, museums and colleges. Whether it is Fodor's or USA Today, the Highlands is ranked as one of the best urban neighborhoods in the nation right up there with Greenwich Village in New York or Haight Ashbury in San Francisco. The Highlands boasts the most painted ladies, ranking fourth behind San Francisco, New Orleans and Miami Beach. But you don't have to pay millions of dollars to live in this historic Victorian you'll be proud to call home.
Make 710 Rubel Ave your home and enjoy the Highland lifestyle and your ever-increasing investment with solid returns and above market equity growth. Buy this beauty now before interest rates go up. These beautiful apartments were designed by a team of urban design experts from University of Kentucky and University of Louisville. This home has been featured in Dr. John Gilderbloom's books and his team of designers and preservationists have won national awards for their historic preservation projects.