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Sold for $768,000 on 02/05/24
  • $768,000

    1308 Everett Ave, Louisville, KY 40204

    --beds
    --baths
    4,506sqft
    Apartment
    Built in 1960
    -- sqft lot
    $-- Zestimate®
    $170/sqft
    $2,439 Estimated rent

    Owner options

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    $2,439/mo

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    $2,439/mo

    Rent Zestimate®

    Refinance and save

    $4,468/mo

    Est. payment

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    $4,468/mo

    Est. payment

    What's special

    This generational asset is located in the heart of the Cherokee Triangle. Built as an apartment property, the building is uniquely newer for the area. It contains six high-demand one-bedroom units with historically high occupancy. The property has remained in the same family for generations, making it a truly rare opportunity. The asset is surrounded by high quality single family residential in Louisville's most desirable infill neighborhood. Tenants take advantage of easy walking distance to both Cherokee Park and Bardstown Road. It is separately metered for gas and electric. Current upside potential exists in rents. Investors will enjoy the steady occupancy, as well as strong intrinsic value of the underlying real estate in a historically appreciating area. Highlights include: > Six large 1BR/1BA units > Separately metered for LG&E > Built-as apartments in highly desirable location > W/D hookups and additional storage in basement

    Zillow last checked: 8 hours ago

    Listing updated: November 26, 2024 at 07:35pm

    Listed by:

    Jenny Johnston 502-645-1729,

    PRG Commercial Property Advisors

    Bought with:

    Geoffrey Carr, 216503

    Housing Associates

    Source: GLARMLS,MLS#: 1651981MLS Logo

    Facts & features

    Interior

    Heating
    • Forced Air
    Features
    • Has basement: Yes
    Interior area
    • Total structure area: 4,506
    • Total interior livable area: 4,506 sqft
    • Finished area above ground: 4,506
    • Finished area below ground: 0

    Property

    Features
    • Exterior features: None
    Details
    • Parcel number: 0

    Construction

    Type & style
    • Home type: Apartment
    • Property subtype: Apartment
    • Attached to another structure: Yes
    Materials
    • Brick
    • Roof: Shingle
    Condition
    • Year built: 1960

    Utilities & green energy

    • Sewer: Public Sewer

    Community & neighborhood

    Location
    • Region: Louisville
    • Subdivision: None

    HOA & financial

    HOA
    • Has HOA: No