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Listed By Eagan Realty Group |1417 S 3rd St, Louisville, KY 40208 | MLS#1558936
Old Louisville/ S. 3rd St- 5-plex w/ 3 Car Garage on great block. Infinite upside value potential $299,500!
3 Car detached block garage.
Deep yard w/ alley access.
Separate Electric Meters and electrical panels
Approx $150,000 in improvements 2007 – 2010
1st Flr unit has updated open kitchen w/ granite counters +
updated, tiled Bathrooms
| Unit 1 One large 3 BR, 2 BA (Entire 1st Flr)$1,300 / Mo projected rent Units 2 A & 2B2 large 1 BR, 1 BA (Both 2nd Flr)$1,450 / Mo total ($725/Mo each) projected rent Units 3 A & 3B2 large 1 BR, 1 BA (Both 3rd Flr)$1,375 / Mo total ($675/Mo each) projected rent (Ref http://rentometer.com) |
| Sold “As Is, Where Is”.Needs roof and other work.Kept as 5-Plex, estimated potential post repair/updated value range – $440K – $450K. Ref. https://www.flexmls.com/link.html?1iu8dqznzht7,16,1 Converted to Single Family Home, estimated potential post repair / updated value range $600K – $750K https://www.flexmls.com/link.html?1iu8dr50jlik,16,1 |
