This Property is Not Active


1443 S 3rd St, Louisville, KY 40208

Multiple Family

Property Status:  Not Available | $1.00 | 


Property Photos
1443 S 3rd St (Image - 1)


Multi-famlily Online Auction - 6 units


Property Status:
Not Available | $1.00
Property Details:
Multiple Family
Property Style:
5+ Units
Finished Sq Ft:
4,236
Basement:
No Basement
Owner / Agent:
Real Estate Agent
Property Features:
No Property Features Listed.
Contact Info
Auction Professionals of Kentucky
(502) 802-5132

View on Individual's Website
Property Description:

ONLINE ONLY AUCTION! Bidding is open and will end on August 11, 2020 4pm at www.bidkentucky.com 

 

This great investment property is super easy to keep fully rented as it is located on what is know as Millionaires Row in Historic & Sought-after Old Louisville. Originally built as a single-family home in the late Circa 1890's and was likely converted to sleeping rooms or apartments in the late 1940's or early 1950's to create income during the war. The 30' X 103' lot (per Lojic map) is on the smaller side which means less yard work for the investor. The main structure offers approximately 4236 Sq. Ft. above grade with an additional 1404 Sq. Ft. in the lower level. The basement currently has 2 sets of washers & dryers that are used by this building along with the tenants of 1441 S 3rd that is owned by the same investor. The property is heated by forced air gas furnace and cooled with landlord provided window air conditioners. Kitchens have ranges and refrigerators. All utilities are included in the rent (except for cable TV but hook-ups are in place for them). There are a total of 6 units in this building consisting of 1 Efficiency on the 1st floor, a studio on the 2nd floor and four additional 1 bedroom units (1 on the 1st floor, 1 on the 2nd floor and 2 on the 3rd floor). The rents range from $450 - $740 per unit (please see attached rent roll for more information, leases, etc. The total monthly rents generate $3690 with monthly expenses of water / sewer, LG&E, taxes and property insurance of approximately $1657 per month which creates a net monthly income of $2033. (See attached rent roll for breakdowns).

3d-marketing.captur3d.io/view/re-max-100/1443-s-3rd-st

Open House: Wednesday, August 5, 12-2pm. 

 

We are not allowing any showings prior to the open house, therefore we have changed any pre-auction offers to August 6th.

 

Go to Bidkentucky.com for Bidding, rents, 3D Virtual Tour and terms and conditions.  Also up for auction is 1443 S. 3rd Street, Louisville, KY - 6 Units.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



Legal Disclaimer:
Kentuckiana Real Estate Investors Association is not responsible for the properties or the information listed here. Each Property is independently owned.  Click on the link above to contact the Property Owner about this property.

www.KREIA.com  (Kentuckiana Real Estate Investors Association) does not give legal, tax, economic, or investment advice. KREIA disclaims all liability for the action or inaction taken or not taken as a result of communications from or to its members, officers, directors, employees and contractors. Each person should consult their own counsel, accountant and other advisors as to legal, tax, economic, investment, and related matters concerning Real Estate and other investments.   Poster may be selling their equitable interest in said property(s).

Your email will never be shared or sold to other members, vendors or any other third party without your consent.


Contact Us:

Kentuckiana Real Estate Investors Association
PO Box 91225
Louisville, KY 40291

Proud Chapter of National REIA

Follow Us


  • Copyright 2024 © Kentuckiana Real Estate Investors Association  All rights reserved. | This REIA Website is powered by: Real Estate Promo