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    1444 S 2nd

    Louisville, KY 40208
    • $399,000
    • STATUS: Active
    • ON SITE: 9 days
    • ID#: 1596206
    UPDATED: 36 min ago
    $399,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,200
      SQFT
    • $125
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1900
    County:

    School Ratings & Info

    Description

    Beautiful, Fully-Rented, absolutely turnkey, exceedingly nice, Separately metered, Brick, late 19th Century TriPlex, on one of Old Louisville's sought-after streets, biking or walking distance from Downtown or U of L. $32,220 to $35,160* / Yr projected potential rental income. 7-8 years ago property was GUTTED, inside and out, and totally rebuilt/ restored w/ Higher end finishes and ATTN to QUALITY in order to attract high-end, quality, long-term tenants (@ premium market rents). Leaded Glass common entry door greets you and ushers you across restored historic tile to Large units, w/ practical floor plans, high ceilings, gleaming refinished hardwood floors, separate utility meters & separate HVAC. 2 large 2 BR a 1 BR/ 1 BA 3rd Flr apt, all with their own in-unit Washer-Dryer. All......have updated Kitchens w/ Granite countertops, new cabinetry & tile floors and New, tiled Baths. 7-8 yrs ago, property underwent major renovation w/ complete replacement of roof, electrical, plumbing/ water heaters & HVAC systems. * $32,220 to $35,160 / Yr projected potential gross rent is based on Rentometer estimates of market rent for higher end of range- $983 to $1,074/Mo each for # 1 & # 2 (both 2 BR units) and $719 to $782/ mo for #3, a 1 BR unit. (See Rentometer screen shots attached to photos RE projected rent amt). Current rents are below-market. Current, lease-specified rent @ full occupancy is $2,300 mo - $900 (#1 / lease Exp 4/30/2022) , $900 (#2 / lease Exp 11/30/2021) and $500 (# 3/ now mo-to-mo lease, exp 5/30/2018)

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    © 2021 Metro Search Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search, Inc. Real estate listings held by brokerage firms other than The Stiller Group | Schuler Bauer Real Estate Services 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. Data last updated: 2021-09-24T10:58:22.187.
    www.thestillergroup.com/homes/121404464
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    1444 S 2nd Louisville, KY 40208

    • Price: $399,000
    • Status: Active
    • Updated: 36 min ago
    • ID#: 1596206
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    3,200
    SQFT
    $125
    $/SQFT
    1900
    Built
    Neighborhood:
    Old Louisville
    County:
    Jefferson
    Area:
    Dtwn Old Louisville/Shively/West Lou
    Property Description
    Beautiful, Fully-Rented, absolutely turnkey, exceedingly nice, Separately metered, Brick, late 19th Century TriPlex, on one of Old Louisville's sought-after streets, biking or walking distance from Downtown or U of L. $32,220 to $35,160* / Yr projected potential rental income. 7-8 years ago property was GUTTED, inside and out, and totally rebuilt/ restored w/ Higher end finishes and ATTN to QUALITY in order to attract high-end, quality, long-term tenants (@ premium market rents). Leaded Glass common entry door greets you and ushers you across restored historic tile to Large units, w/ practical floor plans, high ceilings, gleaming refinished hardwood floors, separate utility meters & separate HVAC. 2 large 2 BR a 1 BR/ 1 BA 3rd Flr apt, all with their own in-unit Washer-Dryer. All......have updated Kitchens w/ Granite countertops, new cabinetry & tile floors and New, tiled Baths. 7-8 yrs ago, property underwent major renovation w/ complete replacement of roof, electrical, plumbing/ water heaters & HVAC systems. * $32,220 to $35,160 / Yr projected potential gross rent is based on Rentometer estimates of market rent for higher end of range- $983 to $1,074/Mo each for # 1 & # 2 (both 2 BR units) and $719 to $782/ mo for #3, a 1 BR unit. (See Rentometer screen shots attached to photos RE projected rent amt). Current rents are below-market. Current, lease-specified rent @ full occupancy is $2,300 mo - $900 (#1 / lease Exp 4/30/2022) , $900 (#2 / lease Exp 11/30/2021) and $500 (# 3/ now mo-to-mo lease, exp 5/30/2018)
    Exterior Features

    Construction Brick Covered Parking No Exterior Porch Lot Description Sidewalk Lot Size 33X125 Parking Spaces 0.0 Roof CompositionShingle

    Interior Features

    1st Level Bedrooms 2 1st Level Full Baths 1 1st Level Rooms 4 1st Level Total Units 1 2nd Level Bedrooms 2 2nd Level Full Baths 1 2nd Level Rooms 4 2nd Level Total Units 1 3rd Level Bedrooms 1 3rd Level Full Baths 1 3rd Level Rooms 3 3rd Level Total Units 1 Above Grade Finished 3200.00 Above Grade Unfin 0.00 Below Grade Finished 0.00 Below Grade Unfin 1300.00 Energy Central AirForced Air HeatGas Heat Nonconform Sq Ft Fin 0.00 Sqft Total Unfin 1300.00 Total Units 3.0000 Water Heaters 3.0000

    Property Features

    1st Level Rent 1000.00 2nd Level Rent 1000.00 3rd Level Rent 782.00 City Tax 0 County Tax 1.34% Disclosure Yes Flood Plain No Furnaces 3.00 Lease Term Varies Multifamily Sub Type Triplex Owner Pays See RemarksSewerWater Security Deposit $2300 Separate Meters Yes Sq Ft Source Other Tenant Pays CableElectricGas Utilities City SewerCity WaterFuel:Natural

    Listing provided courtesy of Eagan Realty Group. © 2021 Metro Search, Inc. All rights reserved.


    © 2021 Metro Search Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search, Inc. Real estate listings held by brokerage firms other than The Stiller Group | Schuler Bauer Real Estate Services 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. Data last updated: 2021-09-24T10:58:22.187.
     
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