USAKYLouisvilleOld Louisville1240 S 1St St

1240 S 1St St, Louisville, KY

Name: 1240 S 1St St, For Sale in Louisville - Zoocasa
Brand: RE/MAX Results
SKU: 1727957
Price: 700000 USD

Condo

For Sale

Listed price in listed location currency (USD).

$700,000

650

MLS® 1727957

Overview

Key Facts

Type Apartment

Levels Residential Income

Size 4958 sqft

Garage

Maintenance Fees

Taxes

Days Active 21

Approx. Age 1897

Avg. Price Per Sqft $141

MLS® Number 1727957

Property Address: 1240 S 1st St, Louisville, KY, 40203-5427

Average square foot calculated using Size range provided by listing agent.

Description

Awesome Old Louisville 5-unit building with Mid-term rentals located on South First St. Stunning and remarkable renovation that offers 5 Derby themed furnished spaces and is currently bringing in $7, 995 per month in rents. 4 one-bedroom units and one spacious 2-bedroom unit. Each unit offers an all-in-one washer/dryer unit for resident convenience. Each unit has fully equipped kitchens (pots, pans, cutlery, dishware, etc.) with stoves, dishwashers, microwaves & refrigerators and all small kitchen appliances. All furniture, bedding, linens, towels, etc.) will remain. Lots of original oak hardwood flooring, original fireplace mantels, some claw foot tubs, all bedrooms have black out blinds in them. Most of the residents are traveling nurses who generally stay for 3 - 6 months. The building went through a full restoration/renovation in 2023 that included updating electrical, plumbing, 5 HVAC systems, new hanging gutters, downspouts & box gutters reworked. All kitchens and baths were thoughtfully renovated at this time as well. Each unit is separately metered for gas & electric (however the current owners pay all utilities and internet as a convenience to the residents). Parking is not an issue here, the 35' X 200' lot provides parking for up to 8 vehicles. Water, sewer, gas and electric average around $1060 per month. The owners also provide Internet access to all units, which is $115 per month.

MLS® Number1727957

Locker

Ensuite Laundry

Balcony

Furnished

Laundry Level

Exposure

Exterior

Garage

Approx. Age1897

Stories

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

HeatNatural Gas, Forced Air

A/CCentral Air

Extras

Map

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