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Sold for $93,000 on 11/01/24
  • $93,000

    2505 Magazine St, Louisville, KY 40211

    3beds
    1,010sqft
    Single Family Residence
    Built in 1997
    3,484.8 Square Feet Lot
    $95,600 Zestimate®
    $92/sqft
    $1,314 Estimated rent

    Owner options

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    $1,314/mo

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    $1,314/mo

    Rent Zestimate®

    Refinance and save

    $460/mo

    Est. payment

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    $460/mo

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    What's special

    Prime Investment Opportunity - 2505 Magazine St | 3BD/1BA | Over 1,000 Sq Ft This 3-bedroom, 1-bath home offers over 1,000 sq ft of living space and is an ideal investment for those looking to maximize rental income. Located in a rapidly growing area, this property has strong potential for Section 8 tenants, with fair market rent significantly above the 1% rule for similar homes. Priced to sell at just $95,000, this is an excellent opportunity to secure a high-performing asset with strong cash flow. Key Features: -Over 1,000 sq ft of well-maintained living space -Section 8 potential with fair market rents offering excellent income opportunities -Easily meets the 1% rule, ensuring a solid return on investment -Priced competitively at $95,000, making it an attractive option for investors Whether you're an investor looking to expand your portfolio or a buyer searching for an affordable property with great growth potential, this home offers everything you need. Act fastthis opportunity won't be on the market for long!

    Zillow last checked: 7 hours ago

    Listing updated: January 27, 2025 at 04:16am

    Listed by:

    Desmond Martin 502-553-3296,

    Martin Elite Realty Company

    Bought with:

    Desmond Martin, 276420

    Martin Elite Realty Company

    Source: GLARMLS,MLS#: 1669678MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Bedroom
    • Level: First
    Bedroom
    • Level: First
    Bedroom
    • Level: First
    Primary bathroom
    • Level: First
    Kitchen
    • Level: First
    Laundry
    • Level: First
    Living room
    • Level: First
    Features
    • Basement: None
    • Has fireplace: No
    Interior area
    • Total structure area: 1,010
    • Total interior livable area: 1,010 sqft
    • Finished area above ground: 1,010
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Off Street, Entry Rear, Driveway
    • Has uncovered spaces: Yes
    Features
    • Stories: 1
    • Fencing: Partial
    Lot
    • Size: 3,484 sqft
    Details
    • Parcel number: 001B00260000

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding, Wood Frame
    • Foundation: Crawl Space
    • Roof: Shingle
    Condition
    • Year built: 1997

    Utilities & green energy

    • Water: Public

    Community & neighborhood

    Location
    • Region: Louisville
    • Subdivision: None

    HOA & financial

    HOA
    • Has HOA: No