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- Price$1,081,415
- Sq. Ft.7,459
- Built1900
1415 S 3rd St, Louisville
Great NOI! Located in Old Louisville, with easy access to UofL, Downtown, and I65, this 10 unit multifamily asset is an ideal investment for those looking to create an apartment portfolio, or add to an existing one. The property includes eight units in the main building plus two units and a garage in the carriage house, with a mix of 2BR/2BA, 1BR/1BA, and studio units. Laundry is available. The owners have made significant upgrades, including electrical and plumbing, yet the building still exudes Old Louisville charm with beautiful and ornate original details, making it an appealing option for tenants. Occupancy is high, and there is opportunity to push rents to meet the market. Tenants pay a pro rata share of utilities - additional revenue not reflected in the rent rol
Essential Information
- MLS® #1692327
- Price$1,081,415
- Square Footage7,459
- Year Built1900
- TypeMulti Family
- Sub-TypeApartment
- StatusActive
Amenities
- UtilitiesElectricity Connected
- # of Garages1
Exterior
- Exterior FeaturesNone
- RoofShingle
- ConstructionBrick
Community Information
- Address1415 S 3rd St
- Area01-Dtwn Old Louisville/Shively/West Lou
- SubdivisionNONE
- CityLouisville
- CountyJefferson
- StateKY
- Zip Code40208
Interior
- HeatingForced Air
Listing Details
- Listing OfficePrg Commercial Property Advisors
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