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- Price$975,000
- Beds6
- Baths9
- Sq. Ft.6,552
- Built1915
607 W Ormsby Ave, Louisville
This is another one-of-a-kind Old Louisville investment properties that has been renovated from top to bottom by experienced professionals. This magnificent 1915 structure offers 9 renovated units with over 6500 Sq. Ft. of living space throughout. Units 1 - 8 are currently leased and bring in $7960 per month, unit 9 (lower-level unit) was just completed and should rent around $850-900. Secure entry to the building opens to the beautiful foyer with grand staircase and large landings on 2nd & 3rd floors filled with natural light. Each unit offers wonderful kitchens and baths, refinished & new flooring, updated electrical, plumbing. The façade is unique with its glass block windows. This great Old Louisville location has a huge parking lot with approximately 20 spaces that could offer more income by renting to surrounding neighbors. Metro Louisville trash, recycling & yard waste are included in the property taxes. You have got to see this incredible turnkey property. Photos of units were taken prior to tenants moving in. Average water/sewer runs around $200 per month and LG&E averages around $650. One could easily start using the Ratio Utility Billing System when renewing leases to help cover the utility expenses.
Essential Information
- MLS® #1717758
- Price$975,000
- Bedrooms6
- Bathrooms9.00
- Square Footage6,552
- Year Built1915
- TypeMulti Family
- Sub-TypeApartment
- StatusActive
Amenities
- UtilitiesElectricity Connected, Fuel:Natural
Exterior
- Exterior FeaturesNone
- Lot DescriptionSidewalk
- RoofAsphalt
- ConstructionConcrete, Brick, Stone, Stucco
Community Information
- Address607 W Ormsby Ave
- Area02-Butchertwn/Hghlnds/Germantwn
- SubdivisionOLD LOUISVILLE
- CityLouisville
- CountyJefferson
- StateKY
- Zip Code40203
Interior
- HeatingForced Air, Natural Gas
- CoolingCentral Air
Listing Details
- Listing OfficeRe/max Results
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