1455 S 3rd St - Apartments FOR SALE


Louisville, KY 40208- Old Louisville
$1,599,999 USD
502-384-4991
1455 S 3rd St, Louisville, KY for Sale
$1,599,999 USD
Apartments - FOR SALE
1/34
null | Request Cap Rate

1455 S 3rd St
Louisville, KY 40208
Old Louisville


OVERVIEW

16 Unit “Old Louisville” - Trophy Asset - Investment Opportunity!! Refinished hardwood floors, long-term ownership / self-managed. The building consists of: 14 (1 bedroom - 1 bath apartments) & 2 (Studio apartments). All 16 units are individually metered, tenants pay all utilities, updated double pane windows, window units, updated panel boxes and furnaces. Very large basement with laundry hook-ups & 16 storage lockers for additional revenue possibilities. This building has a desirable location – excellent for your UofL student. The building is located in the heart of Old Louisville, close to UofL Cardinal Towne, minutes to Churchill Downs, Downtown and easy convenient access to I-65. Excellent opportunity for higher rent revenue. Any questions contact listing agent. • Roof ~ 12 years • Refinished hardwood floors • Updated double pane windows • 16 Separate water heaters • 16 Separate furnaces, window units • 16 Storage unit spaces in basement • Laundry hookups in basement • Water bill prorated back to tenants • Self-managed property • Tenants pay electric/gas • Apt types: (14 - 1 bed, 2 – studios)

FOR SALE DETAILS

PRICE

$1,599,999 USD

PRICE/SF

$143 USD /SF

# OF UNITS

16

PRICE/UNIT

$100,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1947

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

Multi Family

APN/PARCEL ID

033B02100000

ASK ABOUT THIS PROPERTY

John RendeiroColumn RealtyMore Info
502-384-4991

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John RendeiroColumn RealtyMore Info
502-384-4991

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.