$210,000
$180,000
16.7%For more information regarding the value of a property, please contact us for a free consultation.
2,592 SqFt
SOLD DATE : 10/03/2024
Key Details
Sold Price $210,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,592 sqft
Price per Sqft $81
MLS Listing ID 1669854
Sold Date 10/03/24
Style Other
HOA Y/N No
Abv Grd Liv Area 2,592
Originating Board Metro Search (Greater Louisville Association of REALTORS®)
Year Built 1951
Lot Size 9,147 Sqft
Acres 0.21
Property Sub-Type Duplex
Property Description
**SHOWING: Saturday September 7, 2024 from 11-1pm**
Welcome to 4928 S 3rd, a townhouse-style duplex perfect for investors or those looking to live in one unit and rent out the other. Each unit offers about 1,200 sq ft of living space, featuring 2 bedrooms and 1.5 baths. The property comes with a detached garage and convenient in-unit washers and dryers for both sides.
Property Highlights:
-Tenant pays all utilities
- Total of 2 units, each 1,200 sq ft
- 2 bedrooms and 1.5 baths per unit
- Detached garage
- In-unit washer and dryer in both units
- Newer HVAC system in one unit (6 years old); older but functional unit in the other
- Currently tenant-occupied with month-to-month leases
- Rent potential of $1,200-$1,300/month, significantly higher than current rents of $800-$850/month due to pre-COVID grandfathering
Note:
- The roof is older (20+ years), and 1,200 sq ft of carpeting in both units needs replacement
- One tenant is scheduled to move out by October 1st
With great rental potential and a prime location, this property offers excellent income opportunities with a little TLC. Don't miss out on this value-add investment!
***Please DO NOT visit the property outside of the showing ***
Location
State KY
County Jefferson
Direction Wattterson West to S 3rd St to Left on S 3rd St to Property on the Right
Interior
Heating Natural Gas
Cooling Central Air
Exterior
Exterior Feature None
Garage Spaces 2.0
View Y/N No
Roof Type Shingle
Garage Yes
Building
Architectural Style Other
Structure Type Brk/Ven
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