Old Louisville 5-unit Investment Opportunity. Potential Condo Conversion!! Consists of: 1403 S. 2nd Street (4 plex) and 1403R S. 2ndSt (1 unit cottage house) Beveled glass, natural wood work, beamed ceilings, original mantels, refinished hardwood floors, exposed brick, long-term ownership/self-managed, next to Magnolia Park. The building consists of: Three (1-bedroom apartments), One (1-bedroom 1.5 bath, townhouse) & One (1-bedroom cottage house), New Roof 2019, New main
Water Line 2018, Landlord pays house electric, tenants pay LG&E.
• 1403 S. 2nd Street – Parcel# 033B01400000 (3,007 Sq ft, 4 units)
• 1403R S. 2nd Street – Parcel# 033B01400000 (578 Sq ft, 1 unit) Attention UofL Student Families & Investors: A recent National Multifamily Housing Council (NMHC) report revealed that 8.9 million college students need off-campus accommodation. 1403 S. 2nd Street is the PERFECT investment which can off-set the cost of on-campus housing. Enjoy the benefits of LOCATION, marketability, cash flow, a low vacancy rate and appreciation.
This building has a desirable location, excellent for your UofL student. The building is located in the heart of Old Louisville, close to UofL Cardinal Towne, minutes to Churchill Downs, Downtown and easy convenient access to I-65. Opportunity for higher rent revenue. Any questions contact listing agent.
Sold for $430,000 on 08/16/23
$430,000
1403 S 2nd St, Louisville, KY 40208
5beds
6baths
3,585sqft
Apartment
Built in 1900
-- sqft lot
$-- Zestimate®
$120/sqft
$3,176 Estimated rent
Owner options
What's special
Zillow last checked: 9 hours ago
Listing updated: January 03, 2025 at 10:40am
Listed by:
John Rendeiro 502-821-6738,
Semonin REALTORS
Bought with:
Shawn Owens, 217950
Beck Realty Group
Source: GLARMLS,MLS#: 1636097
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 6
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Wall/Window Unit(s)
Features
- Has basement: Yes
Interior area
- Total structure area: 3,585
- Total interior livable area: 3,585 sqft
- Finished area above ground: 3,585
- Finished area below ground: 0
Property
Features
- Patio & porch: Porch
- Exterior features: None
Lot
- Size: 0.25 sqft
- Dimensions: <.25
- Features: Sidewalk
Details
- Parcel number: 033B01400000
Construction
Type & style
- Home type: Apartment
- Architectural style: Other
- Property subtype: Apartment
- Attached to another structure: Yes
Materials
- Brick
- Roof: Shingle
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & neighborhood
Location
- Region: Louisville
- Subdivision: Old Louisville
HOA & financial
HOA
- Has HOA: No