1323 Gilmore Ln, Louisville, KY 40213

Opportunity knocks for the right buyer - rare chance to purchase lots of square footage and warehouse building on one acre on Gilmore Lane. 1323 Gilmore Lane lies among a strip of five homes on one acre lots across from Gilmore Industrial Boulevard (where tax assessments exceed $400,000 on one acre lots with business). The original family home is a brick and stone two bedroom, one bathroom dwelling on crawl space. This property does not currently have furnace (ductwork is missing also) and is cooled by window units. There is potential to add wood stove at fireplace. Around 1978, a secondary dwelling was added attached to this structure which is four bedrooms and two full baths. It is two stories and has a basement. Central air and gas heat exist. A single water heater and laundry in basement. (Total six bedrooms, three full bathrooms.) At one point, a third unit was created and rented on the second floor and an exterior deck offers private entrance to that space. This required division of the attached structure and there is currently no longer a kitchen. A distressed warehouse building sits behind the residential real estate that was constructed on sixteen telephone poles per the owner. All windows in the home were replaced within past three years, roof was replaced in 2017, living room flooring and master bedroom carpet replaced 2017, new sump pump in the basement. There is also a one-car garage with carport and dog run. Though recently lived in, the property is in need of repairs and is not a good fit for an FHA buyer. Property to be sold AS IS. Cash or renovation financing is most appropriate given condition.