Description
Awesome Old Louisville 5-unit building with Mid-term rentals located on South First St. Stunning and remarkable renovation that offers 5 Derby themed furnished spaces and is currently bringing in $7,995 per month in rents. 4 one-bedroom units and one spacious 2-bedroom unit. Each unit offers an all-in-one washer/dryer unit for resident convenience. Each unit has fully equipped kitchens (pots, pans, cutlery, dishware, etc.) with stoves, dishwashers, microwaves & refrigerators and all small kitchen appliances. All furniture, bedding, linens, towels, etc.) will remain. Lots of original oak hardwood flooring, original fireplace mantels, some claw foot tubs, all bedrooms have black out blinds in them. Most of the residents are traveling nurses who generally stay for 3 - 6 months. The building went through a full restoration/renovation in 2023 that included updating electrical, plumbing, 5 HVAC systems, new hanging gutters, downspouts & box gutters reworked. All kitchens and baths were thoughtfully renovated at this time as well. Each unit is separately metered for gas & electric (however the current owners pay all utilities and internet as a convenience to the residents). Parking is not an issue here, the 35' X 200' lot provides parking for up to 8 vehicles. Water, sewer, gas and electric average around $1060 per month. The owners also provide Internet access to all units, which is $115 per month.
Details
| MLS # | 1727957 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1897 |
| Days On Site | 34 |
| Listing Provided By | RE/MAX Results | Michael Mawood |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 5 |
| SQ Feet | 4,958 |
| Basement | Y |
| Units | 5 |
| Acreage | 0.16 |
Area Information
| State | KY |
|---|---|
| County | Jefferson |
| City | Louisville |
| Zip Code | 40203 |
| Area | 01 Dtwn Old Louisville | Shively | West Lou |
| Community Name | OLD LOUISVILLE |
| Listing VS Median (in OLD LOUISVILLE) | |
Price: $700,000 low | high Med: $409,000 sqft: 4,958 low | high Med: 3,396 $ / sqft: $141 low | high Med: $121 On site: 34 low | high Med: 8.5 | |
Market Activity 40203
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Learn More About This Property
| State | KY |
|---|---|
| County | Jefferson |
| City | Louisville |
| Zip Code | 40203 |
| Area | 01 Dtwn Old Louisville | Shively | West Lou |
| Community Name | OLD LOUISVILLE |
| Listing VS Median (in OLD LOUISVILLE) | |
Price: $700,000 low | high Med: $409,000 sqft: 4,958 low | high Med: 3,396 $ / sqft: $141 low | high Med: $121 On site: 34 low | high Med: 8.5 | |
