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- Price$425,000
- Beds7
- Baths5
- Sq. Ft.3,828
- Built1880
1241 S 1st St, Louisville
This great Old Louisville solid brick 5-plex has two 2-bedroom units & three 1-bedroom units with right at 3828 Sq. Ft. of finished space. The current residents pay for their own gas & electric and the management company uses the Ratio Utility Billing System to capture the building water/sewer costs as well. These units offer lots of Old-World charm and character with original fireplace mantels, lots oak flooring, tall ceilings and spacious rooms. Many long-term tenants reside in the building. There are 5 HVAC systems, 6 water heaters & complimentary washer & dryer in basement for residents use. There are 3 parking spaces off the rear alley that could potentially hold 6 cars if parked in tandem. The building is currently fully leased. Please see the document tab for floor sketches & layouts of the units and current rent roll. Priced at $85K per unit. Minimum of 48-hour notice to show units. Conveniently located near U of L, downtown, the airport and major expressways. This property is located in the Old Louisville Historic Preservation District.
Essential Information
- MLS® #1696161
- Price$425,000
- Bedrooms7
- Bathrooms5.00
- Square Footage3,828
- Year Built1880
- TypeMulti Family
- Sub-TypeApartment
- StatusActive
Amenities
- UtilitiesElectricity Connected, Fuel:Natural
Exterior
- Exterior FeaturesNone
- Lot DescriptionSidewalk
- RoofRolled/Hot Mop, Shingle
- ConstructionWood Frame, Brick, Stone
Community Information
- Address1241 S 1st St
- Area01-Dtwn Old Louisville/Shively/West Lou
- SubdivisionOLD LOUISVILLE
- CityLouisville
- CountyJefferson
- StateKY
- Zip Code40203
Interior
- HeatingForced Air, Natural Gas
- CoolingCentral Air
Listing Details
- Listing OfficeRe/max Results
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