1503 S 3rd
Louisville, KY 40208

Description

Don't miss out on this rare opportunity to own a beautiful, updated triplex located in historic Old Louisville on Millionaires Row. Great stabilized rental property. The current owner has renovated this large multi-family property so that anyone would be proud to own or occupy. There are still some exterior cosmetics to do; however, the hard work has been completed (every room has been touched!). Enter to a truly remarkable large Foyer with great natural lighting and a stunning staircase! The filigree work is a treasure and is showcased for all to enjoy! Unit #1 is a 2BR/1BA unit leased for $850 (lease ends 8/31/2019) with beautiful original hardwood floors, in-unit laundry and a covered back deck. Unit #2 is a large 2BR/1BA ...that was renovated for the owner to occupy the space... leased at $1150 (lease ends 05/31/2020) and it's amazing! Gorgeous brand-new kitchen, fabulous bathroom with glass shower & porcelain tile, in-unit laundry and new flooring throughout. This unit also has a great covered back deck! Unit #3 is a sizable 1BR/1BA, leased for $675 (lease ends 01/10/2020) with a dedicated laundry in the basement. Please review the Sellers Disclosure of Property Condition for more information as to what has been upgraded/updated. On an acceptable offer, the Seller will credit $5000 to the Buyer for any and all repairs/additional updates/upgrades they wish to do or in response to any inspection items. Otherwise, the property is sold in AS IS/WHERE IS condition. The property is ideally located at the corner of South 3rd and E Hill Streets only 4 blocks from the University of Louisville, 5 minutes from the Central Business District downtown and has easy access to every major interstate in the city. The tenant & rental population is endless! This property would be a great addition to any rental portfolio or a superior live/rent situation on the 2nd floor for the savvy investor! Make your appointment today. Tenants rights apply with 48 hours notice. No showings after 5pm and no showings on weekends or holidays. No sign on property. Agents...plan your viewing now and bring us an offer! Seller reserves the right to reject up to 3 home inspectors.

Details

MLS#1534010
Sub-TypeResale
StatusActive
Year1900
Days On Site21

Features

SQ Feet4,069
Units3
Building(s)1

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Area Information

StateKY
CountyJefferson
CityLouisville
Zip Code40208
Listing VS Median (in 40208)
Price:
$319,900
low | high
Med:
$150,000
100% of Average
SqFt:
4,069
low | high
Med:
1,115
100% of Average
$ / SqFt:
$79
low | high
Med:
$34
100% of Average
On Site:
21
low | high
Med:
49.5
42.424242424242% of Average
Listing Updated: 06/26/2019
MLS Number: 1534010
Listing Provided By:
Louise B Venettozzi  of  Great Space Louisville LLC