See photos and updates from listings directly in your feed
Share your favorite listings with friends and family
Save your search and get new listings directly in your mailbox before everybody else
Displaying 1-6 of 31 properties.
SOLD By Eagan Realty Group | 1226 S 2nd St., Louisville KY 40203 | MLS 1547641
SOLD IN 8 DAYS right before Christmas!
$48,600 – $51,000 / Yr projected rental income from Awesome, absolutely turnkey, exceedingly nice, brick, late 19th Century Old Louisville Multi family property, recently renovated to high standards w/ ATTN to QUALITY in order to attract high-end, quality, long-term tenants (@ premium market rents).
Large units, w/ practical floor plans, high ceilings, hardwood floors, separate electric/ gas meters & separate HVAC. 3 large 2 BR, 1 large 1 BR & 1 large studio apt (easily converted to 1 BR ), all (except studio) which have been completely updated in the last 2 yrs w/ New Kitchens (w/ Granite counters, Maple cabinetry, tile floor & new appliances), New Baths & individual washer-dryers.
Over last 5-7 yrs, Sellers have put approx $200K worth of improvements into building incl new roof, new furnaces & Central A/Cs, new gutters, new paint & exterior brick tuck pointing.
$48,600 – $51,000 / Yr projected rents are based on $950 /mo/ unit for 2 BR units, $700 – $800/ mo for 1 BR & $500 – $600 for Studio. (See Rentometer screen shots attached to photos RE projected rent amt).
Current rent (w/ 1 unit vacant/only 4 of 5 units occupied either mo-to-mo or w/ leases exp betw 3/1 – 4/1/2020) is $2,800 mo- $850 (2 BR) , $850 (2 BR), $600 (1 BR) & $500 (Studio). 5th unit (#3, currently vacant) Sellers just completed renovation of & have advertised @ $950/Mo rent only since 11/1.
Driveway + 5-6 Off street parking spaces in rear.
