1921 Frankfort Ave, Louisville, KY 40206

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1921 Frankfort Ave, Louisville, KY 40206

$440,000 (Pending)

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Listed by: John Corso - Edelen & Edelen REALTORS

$$440,000

Pending

est.$440,000/month.

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5 beds. baths. 9,801 Sqft.

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1921 Frankfort Ave, Louisville, KY 40206

$440,000

Pending

est.$440,000/month.

Start My Approval

5 beds baths 9,801 Sq.ft.

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Property details for 1921 Frankfort Ave, Louisville, KY 40206

Unique Investment Opportunity in a Louisville Historic Landmark District This triplex is ideal for both the savvy investor and owner-occupants looking to offset a mortgage with rental income. The property blends historic charm with modern updates and features: Inlaid hardwood floors, 10-ft ceilings, updated kitchens and bathrooms, in-unit laundry, seperate gas and electric meters for each unit and private off street parking in addition to on street parking. The building consists of a first-floor unit (2 bed / 1 bath) currently vacant and available for immediate viewing (after a tenant of 5yrs). The second-floor unit (2 bed / 1 bath) and a third-floor unit (1 bed / 1 bath) both occupied entering the 3rd year in renewals. When fully occupied, the property generate $3,660 per month in rental income. The building underwent a comprehensive renovation in 2012, including refinished hardwood floors, new plumbing, electric, and HVAC systems. Recent improvements include new gutters, freshly painted first-floor unit, and refreshed decks. A rare combination of character, stability, and locationthis is an investment you won't want to miss!

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