Pending
1406 S 1st St
Louisville KY, 40208
$765,000
$117.33 per sqft
Pending
6,520 sqft
Condo
Built in 1900
Prime Old Louisville 8-Unit Investment Opportunity!! Discover the allure of historic Old Louisville with this incredible investment property, perfectly poised for a condo conversion. Immerse yourself in the timeless charm of this well-maintained building boasting original mantels, recently refinished hardwood floors, and long-term ownership and self-management. This property offers an eclectic mix of units to cater to various lifestyles, including two 2-bedroom, 1-bath apartments, five 1-bedroom apartments with a dining room area and 1 bath, and one spacious 3-bedroom apartment with a living room, dining room area and 1 bath. Each unit is individually metered, ensuring tenants bear their utility expenses, and all apartments are equipped with dishwashers, pantries, and spacious closets. The building provides dedicated parking for residents and convenient coin-operated laundry facilities in the basement. Location Highlights: Embrace the charm of Old Louisville, a historic gem known for its architectural splendor. Perfect for UofL students, this property is situated close to UofL Cardinal Towne, providing easy access to campus, while Churchill Downs and downtown Louisville are just minutes away. Enjoy hassle-free commuting with swift access to I-65. Unlock the potential for higher rent revenue with this strategically located property. Its diverse unit mix and desirable location make it an appealing investment opportunity. Don't miss out on this rare investment opportunity in the heart of Old Louisville. Whether you're an experienced investor or looking to start your real estate portfolio, this property holds the key to potential success. Act now to secure your future in this historic and vibrant community.
1655425
MLSⓇ ID
February 27, 2024
Listed
May 9, 2024
Updated
Map
1406 S 1st St
Louisville KY, 40208
Interior Features
Fireplace
No
Cooling
Yes
Cooling Description
Central Air, Wall/Window Unit(s)
Heating
Yes
Heating Description
Forced Air, Natural Gas
Exterior/Building Features
Lot Size
0 Acres
Exterior Features
Deck, Porch
Lot Features
Sidewalk
Architectual Style
Other
Roof
Shingle
Other Property Details
Area Name
01-Dtwn Old Louisville/Shively/West Lou
Garage
No
View
No
County
Jefferson
Pool
No
Listing History
Date | Event | Price |
---|---|---|
3/14/2024 | Pending | — |
Courtesy of Semonin REALTORS, John Rendeiro,
Listing Contact: 502-384-4991
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Greater Louisville Association of REALTORS held by brokerage firms other than Laura Rice are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about each listing includes the name of the listing broker.
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Laura Rice shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data last updated 2:06 PM UTC, 5/9/2024