1347-1355 S 3rd St $2,395,000

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    1347-1355 S 3rd St Louisville, KY 40208

    • 12 Beds
    • 22 Baths
    • 31,677 sq. ft.
    • Residential
    • MLS# 1567927
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    Views: 461 Days On Site: 225

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    Property Details

    ABSOLUTELY STUNNING Mansion with Fully Rented Apartments, Carriage House and 100% Fully Rented 35 Suite Business Center. Don't miss this one-in-a-lifetime opportunity to own this self supporting enterprneurs dream. The owners have loved this property and it's evident in every square foot and they say it's time to retire. The Mansion, originally built by the Speed Family is second to none when it comes to opulence. The gorgeous entry with wrap aound staircase as been the choice of many a bride over the years. Gorgeous mahogany pocket doors flank either side of the entry hall and function perfectly. The dining room with beautiful tiered chandelier and arched doorway to the butlers pantry can host parties of any size. The living room with fireplace has pocket doors to the conservatory/library with beautifully restored moldings, coiffered ceiling andcustom built ins surrounding a magnificent stained and leaded glass bay window. This room features an ornate fireplace mantle and handmade art tile. Through the French doors you'll find a great room spanning 28 feet, perfect for banquets and receptions. The remodeled designer kitchen is any chefs dream. The work areas are designed to function as a professional kitchen and boast beautiful finishes from the granite choice to the custom cabinetry to the professional grade appliances. Nothing was spared in this space and the quality is truly special. The breakfast/coffee room is bright and sunny and is a great way to start or end your day. The house/business managers office is on the first floor, making access to any area quick and easy through the relaxing and quite gorgeous courtyard. Featuring dining areas and quiet nooks and water features, it's become a favorite of all tenants. Six bedrooms and ensuite baths, three of which are lovingly restored, and three more on the third floor present endless possibilities for the main home. Who wouldn't want to stay in this mansion as a Bed and Breakfast? The suites, all with fireplaces and sumptious baths are just exquisite. The newly renovated large laundry and second staircase lead to a beautiful apartment with two bedrooms perfect for a caretaker or business building manager, leaving you to the main home affairs. The basement, full of storage areas and work spaces steps out to the rear courtyard through the glass winter greenhouse used by the current owners to maintain the stunning outdoor plants through the seasons. The carriage house features two separate apartments, both renovated and rented. There is another partially renovated studio off the courtyard that would be an amazing art space/loft apartment. The property comes with a newly paved 44 car parking lot and a six car garage and tenant parking behind the main home. The lot can be accessed from a 2nd Street entry or through the alley, making the business suites one of the most desirable properties for blocks. This magnficent home has it's own attached business complex that features a long-term government contract (20 years) on the main floor, as well as, two more floors of private offices, ALL 35 fully rented. The newly renovated Veterans Affairs offices with new kitchenettes, baths, flooring and fixtures, fully secured entries, handicap accesible with lifts and ramps, meeting/group rooms, individualized offices and common areas is spectacular. The second and third floors, all magnificently maintained, features common areas, individual offices and work rooms, new bathrooms and kitchenettes and maintains all the amazing charm and character of the original home. You can feel how special this property is just by stepping through the doors. Old world moldings, stained glass windows and beautiful staircases still remain and in the basement, you'll find the original billiards room with custom Rookwood tiled fireplace. The basement office suites still remain and can easily be converted to storage areas, more offices or workshops/artists studios. With so much to offer and a well established, income earning business complex, this property sitting on 2.14 acres just seconds from downtown and on a main thoroughfare, will be the one you'll Love making your next venture.

    • General Features
      • Area 01-Dtwn Old Louisville/Shively/West Lou
      • Bedrooms 12
      • Construction Status Construction Complete
      • County Jefferson
      • Full Bathrooms 10
      • Half Bathrooms 12
      • HOA Fee No
      • Municipality Louisville
      • Property Sub Type Single Family Residence
      • Subdivision OLD LOUISVILLE
      • Year Built 1899
    • Building Features
      • Age 121.00
      • Above Grade Finished 29537.00
      • Above Grade Unfiniinshed 0.00
      • Below Grade Finished 2140.00
      • Below Grade Unfinished 6606.00
      • Basement Walkout Part Fin
      • Construction Brick,Frame - Wood,Stone
      • Fencing Partial
      • Garage Parking 6 Car Garage,Attached,Driveway,Lower Level,Off-Street Parking
      • Heating Cooling Central Air,Gas Heat,Steam Heat
      • Roof Shingle
      • Style 3 Story
      • Subdivision OLD LOUISVILLE
      • Total Closets 0.00
      • Total Fireplaces 0.00
      • Total No. of Rooms 57
    • Property Features
      • Acres 0.92
      • Exterior Balcony,Deck,Out Buildings,Patio
      • Lot 0090 0056 0057 0058
      • Lot Description Cleared,Irregular,Level,Sidewalk,Wooded
      • Lot SF 39940
      • Utilities Public Sewer,Public Water
    • Schools
      • School District Jefferson

    Contact

    David Alkire

    David Alkire

    REALTOR®

    Wakefield Reutlinger Realtors

    Direct: 502-727-5858

    Neighborhood

    40208 (Louisville) Demographics

    22 Median Age
    6,881 Population Density (per sq. mile)
    24% College Educated
    $27,147 Estimated Median Income
    1,387 Estimated Total Home Owners
    4,662 Estimated Total Renters
    23% / 77% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    16,935 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $126,750 Median Sales Price
    14 Homes Sold
    19 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $2,395,000
        8/29/2020 2:24:00 PM New in Database Source New Value: $2,395,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.