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Sold for $430,000 on 08/16/23
  • $430,000

    1403 S 2nd St, Louisville, KY 40208

    5beds
    6baths
    3,585sqft
    Apartment
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $120/sqft
    $3,176 Estimated rent

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    Rent Zestimate®

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    $2,548/mo

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    What's special

    Old Louisville 5-unit Investment Opportunity. Potential Condo Conversion!! Consists of: 1403 S. 2nd Street (4 plex) and 1403R S. 2ndSt (1 unit cottage house) Beveled glass, natural wood work, beamed ceilings, original mantels, refinished hardwood floors, exposed brick, long-term ownership/self-managed, next to Magnolia Park. The building consists of: Three (1-bedroom apartments), One (1-bedroom 1.5 bath, townhouse) & One (1-bedroom cottage house), New Roof 2019, New main Water Line 2018, Landlord pays house electric, tenants pay LG&E. • 1403 S. 2nd Street – Parcel# 033B01400000 (3,007 Sq ft, 4 units) • 1403R S. 2nd Street – Parcel# 033B01400000 (578 Sq ft, 1 unit) Attention UofL Student Families & Investors: A recent National Multifamily Housing Council (NMHC) report revealed that 8.9 million college students need off-campus accommodation. 1403 S. 2nd Street is the PERFECT investment which can off-set the cost of on-campus housing. Enjoy the benefits of LOCATION, marketability, cash flow, a low vacancy rate and appreciation. This building has a desirable location, excellent for your UofL student. The building is located in the heart of Old Louisville, close to UofL Cardinal Towne, minutes to Churchill Downs, Downtown and easy convenient access to I-65. Opportunity for higher rent revenue. Any questions contact listing agent.

    Zillow last checked: 9 hours ago

    Listing updated: January 03, 2025 at 10:40am

    Listed by:

    John Rendeiro 502-821-6738,

    Semonin REALTORS

    Bought with:

    Shawn Owens, 217950

    Beck Realty Group

    Source: GLARMLS,MLS#: 1636097MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 6
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air, Wall/Window Unit(s)
    Features
    • Has basement: Yes
    Interior area
    • Total structure area: 3,585
    • Total interior livable area: 3,585 sqft
    • Finished area above ground: 3,585
    • Finished area below ground: 0

    Property

    Features
    • Patio & porch: Porch
    • Exterior features: None
    Lot
    • Size: 0.25 sqft
    • Dimensions: <.25
    • Features: Sidewalk
    Details
    • Parcel number: 033B01400000

    Construction

    Type & style
    • Home type: Apartment
    • Architectural style: Other
    • Property subtype: Apartment
    • Attached to another structure: Yes
    Materials
    • Brick
    • Roof: Shingle
    Condition
    • Year built: 1900

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected

    Community & neighborhood

    Location
    • Region: Louisville
    • Subdivision: Old Louisville

    HOA & financial

    HOA
    • Has HOA: No