1013 S 3rd St Louisville, KY 40203

$5,975 / Mo (avg)* projected income from this Awesome, vintage Old Louisville home, w/ long history of owner-occupancy, on grand, tree-lined S.3rd St, blocks from Downtown, U of L or Spalding. Known as ''Hartwell House.'' Used as 4 fully-furnished, 1 BR/ 1 BA units (rented as 30 day+ / ''midterm'' rentals). Easy SFR conversion potential. Covered porch w/ relaxing swing enters to spacious common entry foyer. 1st Flr ''Owners'' unit'' w/ beautiful inlaid hardwood floors, pocket doors, built-in shelving, and updated kitchen w/ granite counters and center island. Additional (potentially Non-conforming) finished space in the basement w/ kitchenette w/ granite countertops, exposed beam ceiling, artist-painted floor pattern,, very unique Bathroom and interior or exterior access- All..... space for artist's studio or workshop.Stylish, shaded, fenced, private rear and side yard w/ patio and access to off-street parking in the rear off alley. Strong rental w/ strong occupancy history. *$5,975/Mo projected rent avg is a mixture of actual / current and recent / past rental amounts-
Unit 1 avg /mo rent Betw 10/2024 - 2/2025 - $1,822 / Mo
( intentionally kept vacant 3/2025 onward to allow for owner-occupant Buyer)
Unit 2 IS rented til 6/30/2025 @ $1,420/ Mo
Unit 3 IS rented 5/19 - 7/3/2025 for $2,341 ( $1,560 / Mo)
Unit 4 IS rented 5/10-6/10/2025 @ $1212
and booked 6/10 - 9/1/2025 for $3,205 ($1,173/ Mo).
***Rents above have been obtained by Seller. Buyer's future rental amounts not guaranteed beyond the dates shown above. Ask Agent for most recent rent rolls*** Property Sold As Is w/ no repairs to be done by Seller. No warranties given or implied. A truly special property; best to hurry on this one!