1827 S 3rd St, Louisville, KY 40208
1827 S 3rd St, Louisville, KY 40208
1827 S 3rd St, Louisville, KY 40208
1827 S 3rd St, Louisville, KY 40208
1827 S 3rd St, Louisville, KY 40208
1827 S 3rd St, Louisville, KY 40208
See all 61 photos

$387,350

$404,907

4.3%
Est.Price: ?

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Est. payment /mo

3,689 SqFt


SOLD DATE : 12/27/2021

Key Details

Sold Price $387,350

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,689 sqft

Price per Sqft $105

Subdivision Old Louisville

MLS Listing ID 1599254

Sold Date 12/27/21

Style Traditional

HOA Y/N No

Abv Grd Liv Area 3,689

Year Built 1900

Lot Size 7,840 Sqft

Acres 0.18

Property Sub-Type Triplex

Source Metro Search (Greater Louisville Association of REALTORS®)

Land Area 3689

Property Description

Awesome, Fully-Rented, absolutely turnkey, exceedingly nice, Separately metered, Brick, late 19th Century TriPlex, 3 doors from Cardinal Blvd, Steps from U of L Belknap Campus. $33,800+ to $36,480* / Yr projected potential rental income. Recently updated w/ Higher end finishes and ATTN to QUALITY in order to attract high-end, quality, long-term tenants (@ premium market rents) Large units, w/ practical floor plans, high ceilings, beautiful Inlaid hardwood floors & original mantels, separate utility meters & separate HVAC. 1 large 2 BR/ 2 BA apt, 1 large 1 or 2 BR (w/ no closet)/ 1 BA apt w/ basement access to Washer-Dryer & a ''townhouse style'' 1 BR/ 1 BA 3rd Flr apt. All have been completely updated w/ New Kitchens (w/ Granite countertops, new cabinetry & tile floors), and New, tiled.. Baths.
10-12 yrs ago, property underwent major renovation w/ complete replacement of rear roof, electrical, plumbing & HVAC systems. Within last 1-5 years: 1 C/A unit & Hot Water Heater replaced & parking lot re-surfaced w/ 9 spaces marked off.

* $33,800+ to $36,480 / Yr projected potential gross rent is based on Rentometer estimates for higher end of range- $950 to $1,025/Mo for # 1 (1 or 2 BR, 1 BA w/ basement access), $1,050 to $1,105/ mo for #2 (townhouse style 2 BR/ 2 BA) and $722 to $810 / mo for (1 BR/1 BA) # 3. (See Rentometer screen shots attached to photos RE projected/potential rent amt) + the potential of renting 2 parking spaces @ $50/Mo each ($100 Total). Basement has exterior entry and would a perfect coin-operated laundry area.

Current, actual rent @ full occupancy is $2,100 mo - $500 (#1 / Exp 6/30/2022) , $1,000 (#2 / Exp 6/30/2022) and $600 (# 3/ now mo-to-mo lease, exp 6/30/2021)

Location

State KY

County Jefferson

Direction Eastern Parkway to North on S 3rd St to Left on Bloom to Left on Street (Property on Left side of the Street, 3 doors before W Cardinal Blvd.)

Interior

Heating Electric, Forced Air, Natural Gas

Cooling Central Air

Exterior

Exterior Feature Deck, Porch

View Y/N No

Roof Type Shingle

Building

Lot Description Sidewalk

Architectural Style Traditional

Structure Type Brick

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Greater Louisville MLS (Metro Search Inc)
Listed by Eagan Realty Group

GET MORE INFORMATION

Name

Name

Phone*

Phone

Message

Message
Mark Naber

+1(502) 777-7617

mark.naber@redfin.com