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Listed price in listed location currency (USD).
$315,000

220

MLS® 1734146

Overview

Key Facts

Type Single Family Residence
Levels Residential
Size 958 sqft
Garage 
Taxes 
Days Active 5
Lot Size 0.03 Acres
Approx. Age 1925
Avg. Price Per Sqft $328
MLS® Number 1734146

Property Address: 1446 Hickory St, Louisville, KY, 40217-1210

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

Description

An established short-term rental with growing revenue, substantial improvements, and possibilities beyond hospitality. This furnished 2-bedroom, 1.5-bath property delivers versatility in a compact package, combining a strong neighborhood location, good street visibility, and C-1 commercial zoning. The seller reports more than $80, 000 in improvements since purchase, and owner-owned rooftop solar panels convey with the sale, helping reduce utility costs. The income is equally compelling: reported gross revenue exceeded $51, 000 through October 2026, already surpassing $42, 750 for all of 2025, with two months remaining. Furniture is included, and the estimated self-managed pro forma cap rate approaches 10%, including cleaning expenses.* Continue the existing hospitality operation without starting from an empty property, with additional cash-flow potential for an owner who handles cleaning personally. C-1 zoning adds another dimension to the opportunity. Excellent for a salon, professional office, photography studio, gallery, or select retail use. The two bedrooms could serve as private offices, offering a practical starting point for a future business layout. Keep the property working as an STR today or pursue a different direction as your plans evolve. One off-street parking space is included. The adjacent side courtyard belongs to the neighboring property and is not included in the sale. An income-producing property with furnishings in place, solar savings, and commercial flexibility. Estimated 9.58% self-managed pro forma cap rate is based on annualized January-October 2026 operating results and estimated property taxes, property insurance, and utilities. Includes paid cleaning expenses; excludes third-party management fees.
MLS® Number1734146
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1925
BasementUnfinished
DrivewayOff Street
Garage Spaces
HeatNatural Gas
A/CCentral Air

Extras

Rooms

Other:Second FloorNot available
Other:Second FloorNot available
Other:First FloorNot available
Other:First FloorNot available
Other:First FloorNot available

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