$950,000
$1,100,000
13.6%For more information regarding the value of a property, please contact us for a free consultation.
17,544 SqFt
SOLD DATE : 09/09/2024
Key Details
Sold Price $950,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 17,544 sqft
Price per Sqft $54
MLS Listing ID 1659695
Sold Date 09/09/24
Style Other
HOA Y/N No
Abv Grd Liv Area 13,158
Originating Board Metro Search (Greater Louisville Association of REALTORS®)
Year Built 1905
Property Description
This rare multifamily opportunity is situated on a quiet walking court in Old Louisville, blocks from Manual High School. The property is a purpose built apartment building of 12 large units with a diverse mixture of 1, 2 and 3 BR units with hardwood flooring, some including balconies overlooking the walking court. A large, full lower level was formerly finished and could potentially be converted to another unit for added value.
The property is located on the south side of Old Louisville in close proximity to UofL. It has separate gas and electric meters with those utilities paid by the tenants and separate hot water heaters. An investor will enjoy a high demand tenant base, as well as strong intrinsic value of the underlying real estate.
> 12 sizable units (10-2BR/1-3BR/ 1-1BR
Location
State KY
County Jefferson
Direction 4th Street to Kensington
Interior
Heating Natural Gas
Exterior
Exterior Feature Balcony
View Y/N No
Roof Type Flat
Garage No
Building
Architectural Style Other
Structure Type Brick
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