27
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$1,081,415
Est. payment /mo
7,459 SqFt
Active
1415 S 3rd St Louisville, KY 40208
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Key Details
Property Type Multi-Family
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 7,459 sqft
Price per Sqft $144
MLS Listing ID 1692327
HOA Y/N No
Abv Grd Liv Area 6,859
Year Built 1900
Property Sub-Type Apartment
Source Metro Search (Greater Louisville Association of REALTORS®)
Land Area 6859
Property Description
Great NOI! Located in Old Louisville, with easy access to UofL, Downtown, and I65, this 10 unit multifamily asset is an ideal investment for those looking to create an apartment portfolio, or add to an existing one.
The property includes eight units in the main building plus two units and a garage in the carriage house, with a mix of 2BR/2BA, 1BR/1BA, and studio units. Laundry is available.
The owners have made significant upgrades, including electrical and plumbing, yet the building still exudes Old Louisville charm with beautiful and ornate original details, making it an appealing option for tenants.
Occupancy is high, and there is opportunity to push rents to meet the market. Tenants pay a pro rata share of utilities - additional revenue not reflected in the rent rol
The property includes eight units in the main building plus two units and a garage in the carriage house, with a mix of 2BR/2BA, 1BR/1BA, and studio units. Laundry is available.
The owners have made significant upgrades, including electrical and plumbing, yet the building still exudes Old Louisville charm with beautiful and ornate original details, making it an appealing option for tenants.
Occupancy is high, and there is opportunity to push rents to meet the market. Tenants pay a pro rata share of utilities - additional revenue not reflected in the rent rol
Location
State KY
County Jefferson
Direction S on 3rd
Interior
Heating Forced Air
Exterior
Exterior Feature None
Garage Spaces 1.0
View Y/N No
Roof Type Shingle
Garage Yes
Building
Structure Type Brick
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Listed by PRG Commercial Property Advisors