1827 S 3rd St $404,907

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    1827 S 3rd St Louisville, KY 40208

    Active Under Contract
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    • 5 Beds
    • 4 Baths
    • 3,700 sq. ft.
    • Residential
    • MLS# 1599251
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    Views: 29 Days On Site: 39

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    Property Details

    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 ''townhouse style'' apt, 1 large 1 or 2 BR (w/ no closet)/ 1 BA apt w/ basement access to Washer-Dryer & a 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 ba Bathrooms. 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 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)

    • General Features
      • Area 01-Dtwn Old Louisville/Shively/West Lou
      • Bedrooms 5
      • County Jefferson
      • Full Bathrooms 4
      • Half Bathrooms 0
      • HOA Fee No
      • Property Sub Type Single Family Residence
      • Subdivision OLD LOUISVILLE
      • Year Built 1900
    • Building Features
      • Age 121.00
      • Above Grade Finished 3700.00
      • Above Grade Unfiniinshed 0.00
      • Below Grade Finished 0.00
      • Below Grade Unfinished 1533.00
      • Basement Unfinished,Walkout Unfinished
      • Construction Brick
      • Fencing None
      • Fireplaces Level 1 1
      • Fireplaces Level 2 1
      • Fireplaces Level 3 1
      • Foundation Other
      • Garage Parking Entry Rear,Off-Street Parking,See Remarks
      • Heating Cooling Central Air,Forced Air Heat
      • Roof Shingle
      • Style Traditional
      • Subdivision OLD LOUISVILLE
      • Total Closets 5.00
      • Total Fireplaces 3.00
      • Total No. of Rooms 10
    • Room Features
      • Closets Level 1 2
      • Closets Level 2 2
      • Closets Level 3 1
    • Property Features
      • Acres 0.18
      • Exterior Deck,Porch
      • Lot 0030
      • Lot Description LevelSeeRemarksSidewalk
      • Lot Dimensions 40X200
      • Lot SF 8000
      • Utilities Fuel:Natural,Public Sewer,Public Water

    Contact

    David Alkire

    David Alkire

    REALTOR®

    Wakefield Reutlinger Realtors

    Direct: 502-727-5858

    Neighborhood

    40208 (Louisville) Demographics

    23 Median Age
    6,516 Population Density (per sq. mile)
    30% College Educated
    $30,318 Estimated Median Income
    1,539 Estimated Total Home Owners
    4,285 Estimated Total Renters
    26% / 74% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    16,036 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $113,750 Median Sales Price
    10 Homes Sold
    13 New On Market

    Average Days on Site

      Properties for Sale

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        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $404,907
        11/17/2021 7:38:04 PM Status Changed Source: Multiple Listing Service New Value: Active Under Contract
        10/22/2021 2:24:00 PM New in Database Source: Multiple Listing Service New Value: $404,907

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        Copyright Metro Search, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search Inc. Real estate listings held by IDX Brokerage firms other than Wakefield Reutlinger Realtors are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.

        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.