Charming 4-unit ''painted lady'' in the heart of historic Old Louisville with 3 1BR/1BA units and one 2BR/1BA. One 1BR/1BA unit is occupied (rented low at $500) and is MTM. The 1BR/1BA units are beautifully renovated and have generous space. One of them actually has a delightful office that makes it even more desirable, currently renting for a low $800. The other has a wonderful view of the downtown area, renting for $725. All occupied units MUST have a 48 hour notice to show. Exterior painted in 2013. Flat roof from 2003/Metal roof under back deck 2004 and resealed in 2018. All unit furnaces are electric. All units have central air. 1st floor unit needs some work including paint, carpeting and a tub surround; otherwise, it is sound & with minimal effort could be rent ready. The property manager lives on-site, and will offer a discounted rate to continue managing. Right now, the entire property is grossing $3000/month and is slated to gross $3500/month by the end of the year, after the scheduled raises in rent are executed at the end of the existing leases.
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