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Sold for $270,000 on 10/19/23
  • $270,000

    2900 Taylor Blvd, Louisville, KY 40208

    5beds
    3baths
    2,880sqft
    Quadruplex
    Built in 1925
    -- sqft lot
    $284,800 Zestimate®
    $94/sqft
    $1,123 Estimated rent

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    $1,123/mo

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    $1,123/mo

    Rent Zestimate®

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    $1,600/mo

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    $1,600/mo

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    What's special

    Investors don't miss out on this absolute gem of a 4-plex conveniently located on Taylor Blvd just minutes from Churchill Downs and University of Louisville. Many repairs and improvements have been made over the last 5 years, and when fully rented this cash cow brings in well over $3,000 in monthly rents. Updates since 2018 include new baths & kitchens featuring subway tile backsplashes and accents; new siding, roof, gutters, windows, insulation, electrical and plumbing; and the rear deck and staircase were also completely rebuilt. The property has 2 HVAC systems (one system services the basement and first floor units, the 2nd system services Unit 4 on the 2nd floor), and 2 forty-gallon water heaters, all installed in 2018. Unit #1 is located in the basement and is a one-bedroom unit that is currently rented for $701/month. Unit #2 is accessed off the covered front porch and was completely renovated in 2023 with new LVP floors, kitchen cabinets and appliances, and is a one bedroom unit that last rented for $795/mo. (prior to renovations). Unit #3 is a studio unit accessed from the rear deck also with hardwood floors, last rented for $700/month. Finally, unit #4 entry is off the large rear deck on the 2nd floor, offers two bedrooms and hardwood floors, and was last rented for $850/month. Seller pays all utilities. There is an outbuilding on the rear of the lot for extra storage that could potentially be converted to a usable garage, and there is a curb cut-in at the side street which would allow the owner to create designated off-street parking. The large yard has also been used to generate extra revenue during the Kentucky Derby by parking cars.

    Zillow last checked: 8 hours ago

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

    Listed by:

    The Noe Group 502-292-7200,

    Lenihan Sotheby's International Realty

    Bought with:

    Justin P Robbins, 277399

    Knob & Key Realty, LLC

    Source: GLARMLS,MLS#: 1646746MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    Features
    • Has basement: Yes
    Interior area
    • Total structure area: 1,827
    • Total interior livable area: 2,880 sqft
    • Finished area above ground: 1,827
    • Finished area below ground: 822

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage
    • Garage spaces: 1
    Features
    • Patio & porch: Deck, Porch
    Lot
    • Size: 7,840 sqft
    • Features: Corner Lot, Sidewalk
    Details
    • Parcel number: 063E01090000

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Bungalow
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Materials
    • Vinyl Siding, Brick
    • Roof: Shingle
    Condition
    • Year built: 1925

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected

    Community & neighborhood

    Location
    • Region: Louisville
    • Subdivision: Churchill

    HOA & financial

    HOA
    • Has HOA: No