Homes for sale - Address not disclosed, Louisville, KY 40208

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Shawne Mardis

smardis@movingwithmardis.com +1(502) 649-6720

$650,000

Est. payment - /mo

6 Beds

6 Baths

5,210 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 5,210 sqft

Price per Sqft $124

Subdivision Old Louisville

MLS Listing ID 1699758

Style Traditional

Bedrooms 6

HOA Y/N No

Abv Grd Liv Area 5,210

Year Built 1890

Property Sub-Type Apartment

Source APEX MLS (Greater Louisville Association of REALTORS®)

Land Area 5210

Property Description

This circa 1890 Old Louisville Show Stopper is located on the 1400 Block of S. 4th St. is a must see for investors, parents with college students or just neighborhood lovers. This property with incredible architecture offers 6 beautiful apartments under one roof that have been completely updated, renovated and modernized. All the units are extremely nice and offer renovated kitchens & baths. 2 units are on yearly leases (#3 & #5) while the other 4 units are furnished and used as mid-term rentals for traveling healthcare professionals & corporate employees. Total monthly rental income is currently $8610 per month and is fully rented. The 4 midterm rentals are all furnished and decorated with beautiful furniture and French artwork. Each of these units is named after famous artists. #1 is the Gauguin, #2 is the Toulouse-Lautrec, #4 is the Chagall & #6 is the Matisse (furniture & artwork can be purchased outside the contract if desired). The original foyer and staircase boast gorgeous original lead and stained-glass windows. Tall ceilings, natural woodwork, original fireplace mantels reflect the era of this once single-family home. The current owners removed the basement apartment when they purchased and created a laundry room and secure storage areas for each of the other units. There is a delightful courtyard at the rear of the home offering outdoor space for the residents. Just a stone's throw away from Belgravia Ct., St. James Ct. & Olmstead's Central Park. Minutes to the downtown business district, hospitals, University of Louisville, Spaulding University, Simmons College and the Muhamad Ali International Airport. This building has a great rental history and is very easy to keep fully occupied. There are some great dining experiences close by as well.

Location

State KY

County Jefferson

Direction I-65 - exit St. Catherine - left on 4th Street building on right at Belgravia Court.

Interior

Heating MiniSplit/Ductless, Electric, Forced Air

Cooling Ductless, Central Air, Wall/Window Unit(s)

Exterior

Exterior Feature None

View Y/N No

Roof Type Asphalt,Shingle

Porch Deck, Patio

Garage No

Building

Lot Description Covt/Restr, Sidewalk

Building Description Wood Frame,Brick,Stone, Laundry Facility,Additional Strg

Sewer Public Sewer

Water Public

Architectural Style Traditional

Structure Type Wood Frame,Brick,Stone

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Greater Louisville MLS (Metro Search Inc)

Listed by RE/MAX Results

"I have spent nearly 2 decades becoming an expert in Southern Indiana market trends and influences. Now, I'll put my considerable market background to work for you, helping you to identify the best deals, and price your home accurately to assure a quick sale, while maximizing profit. "

+1(502) 649-6720

smardis@movingwithmardis.com

8610 Chapel Hill Court, Charlestown, Indiana, 47130, USA

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Address not disclosed Louisville, KY 40208