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.

©2024  Greater Louisville Association of REALTORS. All rights reserved.

Data last updated 2:06 PM UTC, 5/9/2024

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