1321 S 1st St, Louisville, KY

About 1321 S 1st St

Attention investors or owner occupants. This 3500 Sq. Ft. circa 1900 Victorian was converted into 4 apartments likely back in the 1950's. The current owner purchased the property in 2011 which needed a full gut and rehab, and that's exactly what they did, from new plumbing, electrical, kitchens & bathrooms were renovated to create very nice units. This is a great block of 1st St. that is primarily single-family homes and condos. #1, the 1st floor unit is 1200 Sq. Ft. with 2 bedrooms, living room, kitchen, full bath and is currently rented for $985.00. The 2nd floor has 2 units, Unit #2 is a studio and is rented for $650, Unit #3 is a spacious 1 bedroom & rented for $825. #4 is on the 3rd floor with 1035 Sq. Ft. with 2 bedrooms, a large living room and kitchen along with laundry hook-ups rented at $995. There is a separate laundry room on the back of the home for the tenants. There is an older frame 2-car garage with 722 Sq. Ft. at the rear of the property with 2 doors and tons of storage. Garage space has been rented in the past. The current management company uses the RUBS (Ration Utility Billing System) to collect utility expenses.

Listing Map