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    1719 S 4th

    Louisville, KY 40208
    • $385,000
    • STATUS: Active
    • ON SITE: 40 days
    • ID#: 1594128
    UPDATED: 36 min ago
    $385,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,597
      SQFT
    • $107
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1900
    County:

    School Ratings & Info

    Description

    Attention UofL Student Families & Investors: A recent National Multifamily Housing Council (NMHC) report revealed that 8.9 million college students need off-campus accommodation. 1719 S. 4th Street sits 3 houses from Cardinal Towne and is the PERFECT investment which can off-set the cost of on-campus housing. Enjoy the benefits of LOCATION, marketability, cash flow, a low vacancy rate and appreciation. This brick 5-plex building is a rare find in the neighborhood - a multi-family which has dedicated off street parking for 6 vehicles specifically for the building. Also, permit parking on street. The building is individually metered, Tenants pay all utilities plus water. The building consists of one (2 bed-room apartment), one (one-bedroom apartment), and (3 studio apartments).Coin-op common laundry facilities in the basement & additional basement storage  for added revenue. The building is very mechanical sound, with NO deferred maintenance. 4 units have electric heaters and window A/C units. Newer mechanicals, Roof 8 years old. The building is located in the heart of Old Louisville, 3 houses from UofL Cardinal Towne, minutes to Churchill Downs, Downtown and easy convenient access to I-65. Excellent opportunity for higher rent revenue. Also, note UofL future development includes space that would include a 3-star Marriott Boutique Hotel, a restaurant, and a Target urban retail store at: 1901 S 4th street (.3 miles away). Any questions, contact listing agent!!

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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: 2021-09-28T09:58:17.23.
    www.thestillergroup.com/homes/120585301
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    1719 S 4th Louisville, KY 40208

    • Price: $385,000
    • Status: Active
    • Updated: 36 min ago
    • ID#: 1594128
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    3,597
    SQFT
    $107
    $/SQFT
    1900
    Built
    Neighborhood:
    Old Louisville
    County:
    Jefferson
    Area:
    Dtwn Old Louisville/Shively/West Lou
    Property Description
    Attention UofL Student Families & Investors: A recent National Multifamily Housing Council (NMHC) report revealed that 8.9 million college students need off-campus accommodation. 1719 S. 4th Street sits 3 houses from Cardinal Towne and is the PERFECT investment which can off-set the cost of on-campus housing. Enjoy the benefits of LOCATION, marketability, cash flow, a low vacancy rate and appreciation. This brick 5-plex building is a rare find in the neighborhood - a multi-family which has dedicated off street parking for 6 vehicles specifically for the building. Also, permit parking on street. The building is individually metered, Tenants pay all utilities plus water. The building consists of one (2 bed-room apartment), one (one-bedroom apartment), and (3 studio apartments).Coin-op common laundry facilities in the basement & additional basement storage  for added revenue. The building is very mechanical sound, with NO deferred maintenance. 4 units have electric heaters and window A/C units. Newer mechanicals, Roof 8 years old. The building is located in the heart of Old Louisville, 3 houses from UofL Cardinal Towne, minutes to Churchill Downs, Downtown and easy convenient access to I-65. Excellent opportunity for higher rent revenue. Also, note UofL future development includes space that would include a 3-star Marriott Boutique Hotel, a restaurant, and a Target urban retail store at: 1901 S 4th street (.3 miles away). Any questions, contact listing agent!!
    Exterior Features

    Construction Brick Covered Parking No Exterior Deck Lot Description Sidewalk Lot Size 0 Parking Spaces 6.0 Roof Composition

    Interior Features

    1st Level Bedrooms 1 1st Level Full Baths 1 1st Level Rooms 3 1st Level Total Units 1 2nd Level Bedrooms 3 2nd Level Full Baths 2 2nd Level Rooms 5 2nd Level Total Units 2 3rd Level Bedrooms 1 3rd Level Full Baths 1 3rd Level Rooms 2 3rd Level Total Units 1 Above Grade Finished 2897.00 Above Grade Unfin 0.00 Basement Level Bedrooms 1 Basement Level Rooms 2 Basement Level Total Units 1 Below Grade Finished 700.00 Below Grade Unfin 150.00 Energy Central AirGas HeatWindow/Wall Unit Nonconform Sq Ft Fin 0.00 Sqft Total Unfin 150.00 Total Units 5.0000 Water Heaters 4.0000

    Property Features

    1st Level Rent 595.00 2nd Level Rent 1400.00 3rd Level Rent 600.00 Basement Level Rent 600.00 City Tax .45 County Tax .98 Disclosure No Flood Plain No Furnaces 1.00 Lease Term Mtm Multifamily Sub Type Apartment Security Deposit 0 Separate Meters Yes Sq Ft Source Other Tenant Pays CableElectricGasSewerWater Utilities City SewerCity WaterElectricity ConnectedFuel:Natural

    Listing provided courtesy of Semonin Realtors. © 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: 2021-09-28T09:58:17.23.
     
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    The Stiller Group | Schuler Bauer Real Estate Services
    4206 Charlestown Rd Ste 200
    New Albany IN, 47150