AGENTS: PLEASE CAREFULLY READ REMARKS/NOTES! Don't miss this extraordinary opportunity to own a beautiful, updated triplex located in historic Old Louisville on Millionaire's Row! Excellent stabilized rental property. The current owner has renovated this large (4069 sq ft - WOW!) multi-family property so that anyone would be proud to own or occupy! There are still some exterior cosmetics to do; however, the hard work has been completed/every room has been ''touched''! Enter the truly remarkable large open Foyer with great natural light and a STUNNING staircase - the filigree work is a treasure and is showcased upon entry for all to enjoy! Unit #1 is a 2BR/1BA (unit is leased for $900 until and then at $950 from 7/2/2020 through 7/1/2021). This unit has hardwood floors, pocket doors, in-unit laundry (with brand new W/D as of 6/2020), newer kitchen, newer bathroom and a great covered back deck! Unit 2 is exceptional and was renovated for our owner to occupy using sleek white Shaker cabinetry, durable solid surface countertops, stainless steel appliances, new flooring throughout and a fabulous bathroom with glass shower/porcelain tile plus an in-unit stacking laundry! This unit was leased for $1150 (on an 18 mo lease) and will be held vacant for showing with proforma rent at $1300-$1400. This unit ALSO has an awesome covered back deck! Unit #3 is a sizable 1BR/1BA currently leased at $695 through the end of July 2020. Kitchen and Bath in this unit have also been updated/upgraded. This unit has a new (6/2020) washer/dryer for their dedicated use in the basement. Sellers Disclosure of Property Condition as well as the supplement (pages 6 & 7) are very specific as to what has been done to the building/units...otherwise, the property is sold in AS IS/WHERE IS condition, with all faults and with no warranties or guarantees. The Seller may reject up to 3 Home Inspectors. The property is ideally located at the corner of South 3rd and E Hill only 4 short blocks from the University of Louisville, 5 min from the Central Biz District downtown and has easy access to every major interstate in the city. The tenant/rental population is endless. There is street parking ONLY. This property will make a superb addition to any rental portfolio or a superior live/rent situation on the 2nd floor for the savvy investor. There is no sign on the property. NOTE: The building WILL NOT go FHA/VA and the Seller will not accept an FHA/VA contract. Tenants Rights apply with 48 hours notice needed to show the occupied units. No showings after 5pm and no showings on weekends or holidays. The 2nd floor unit can be shown with very little notice as it is currently vacant.
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