1503 S 3rd, Louisville

$309,900

5 Beds
3 Baths
4,069 Sqft
0 Acres
0 Garages

Don't miss out on this rare opportunity to own a beautiful, updated triplex located in historic Old Louisville on Millionaires Row. Great stabilized rental property. The current owner has renovated this large multi-family property so that anyone would be proud to own or occupy. There are still some exterior cosmetics to do; however, the hard work has been completed (every room has been touched!). Enter to a truly remarkable large Foyer with great natural lighting and a stunning staircase! The filigree work is a treasure and is showcased for all to enjoy! Unit #1 is a 2BR/1BA unit leased for $900 (lease ends 8/31/2020) with beautiful original hardwood floors, in-unit laundry and a covered back deck. Unit #2 is a large 2BR/1BA ...that was renovated for the owner to occupy the space...leased at $1150 (lease ends 05/31/2020) and it's amazing! Gorgeous brand-new kitchen, fabulous bathroom with glass shower & porcelain tile, in-unit laundry and new flooring throughout. This unit also has a great covered back deck! Unit #3 is a sizable 1BR/1BA, leased for $675 (lease ends 01/10/2020) with a dedicated laundry in the basement. Please review the Sellers Disclosure of Property Condition for more information as to what has been upgraded/updated. Otherwise, the property is sold in AS IS/WHERE IS condition. The property is ideally located at the corner of South 3rd and E Hill Streets only 4 blocks from the University of Louisville, 5 minutes from the Central Business District downtown and has easy access to every major interstate in the city. The tenant & rental population is endless! This property would be a great addition to any rental portfolio or a superior live/rent situation on the 2nd floor for the savvy investor! Make your appointment today. Tenants rights apply with 48 hours notice. No showings after 5pm and no showings on weekends or holidays. No sign on property. Agents...plan your viewing now and bring us an offer! Seller reserves the right to reject up to 3 home inspectors. This building will not go FHA/VA. Seller will not accept an FHA/VA contract. PRICE IMPROVEMENT!

Essential Information
MLS® #1534010
Price$309,900
Bedrooms5
Bathrooms3.00
Full Baths3
Square Footage4,069
Year Built1900
TypeMultifamily
Sub-TypeTriplex
StatusActive
Community Information
Address1503 S 3rd
SubdivisionOLD LOUISVILLE
CityLouisville
CountyJefferson
StateKY
Zip Code40208
Area

Dtown/Old Louisville/Shively/West Lou

Utilities

Electric, Fuel:Natural, City Sewer, City Water

Exterior
Exterior FeaturesDeck, Porch, See Remarks
RoofShingle
ConstructionBrick
Lot Description

See Remarks, Corner, Covt/Restr, Sidewalk

Listing Details
OfficeGreat Space Louisville LLC
Property History
Price Reduced from $314,900 to $309,900
Price Reduced from $319,900 to $314,900
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