$585,000
$620,000
5.6%For more information regarding the value of a property, please contact us for a free consultation.
4,500 SqFt
SOLD DATE : 09/16/2024
Key Details
Sold Price $585,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 4,500 sqft
Price per Sqft $130
MLS Listing ID 1655905
Sold Date 09/16/24
Style Traditional
HOA Y/N No
Abv Grd Liv Area 4,500
Originating Board Metro Search (Greater Louisville Association of REALTORS®)
Year Built 1972
Lot Size 7,405 Sqft
Acres 0.17
Property Description
Calling all investors! 1221 South 3rd Street presents a great opportunity to own an apartment building in the heart of Old Louisville. This brick building boasts 12 studio units, each featuring its own separate furnace and water heater, many of which have been recently upgraded. Situated in historic Old Louisville, residents have easy access to the University of Louisville, the hospital complex, easy interstate access, and the best of the neighborhood's restaurants, shops, and entertainment. Studios are easy to rent and rarely stay vacant, ensuring a steady stream of income. Residents enjoy the benefits of on-site paved off-street parking and easy access to public transportation. Don't miss out on this chance to own a piece of Louisville's thriving rental market! Contact us
Location
State KY
County Jefferson
Direction South 3rd St, between E Oak and E Ormsby on left side of street. 3rd is One Way.
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Exterior
Exterior Feature Balcony, Deck
View Y/N No
Roof Type Shingle
Garage No
Building
Lot Description Covt/Restr, Sidewalk
Architectural Style Traditional
Structure Type Brick
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