607 Ormsby Ave Louisville, KY 40203

Listing details for 607 Ormsby Ave, Louisville, KY 40203 : This is another one-of-a-kind Old Louisville investment properties that has been renovated from top to bottom by experienced professionals. This magnificent 1915 structure offers 9 renovated units with over 6500 Sq. Ft. of living space throughout. Units 1 - 8 are currently leased and bring in $7960 per month, unit 9 (lower-level unit) was just completed and should rent around $850-900. Secure entry to the building opens to the beautiful foyer with grand staircase and large landings on 2nd & 3rd floors filled with natural light. Each unit offers wonderful kitchens and baths, refinished & new flooring, updated electrical, plumbing. The façade is unique with its glass block windows. This great Old Louisville location has a huge parking lot with approximately 20 spaces that could offer more income by renting to surrounding neighbors. Metro Louisville trash, recycling & yard waste are included in the property taxes. You have got to see this incredible turnkey property. Photos of units were taken prior to tenants moving in. Average water/sewer runs around $200 per month and LG&E averages around $650. One could easily start using the Ratio Utility Billing System when renewing leases to help cover the utility expenses.