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MLS#: 1534010

1503 S 3rd

Louisville, KY 40208

$309,900

5Beds
3Baths
4,069Sqft
1900Year Built
106DOM

Don't miss out on this rare opportunity to own a beautiful, updated triplex located in historic Old Louisville on Millionaires Row. Great stabilized rental property. The current owner has renovated this large 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 to a truly remarkable large Foyer with great natural lighting and a stunning staircase! The filigree work is a treasure and is showcased for all to enjoy! Unit #1 is a 2BR/1BA unit leased for $900 (lease ends 8/31/2020) with beautiful original hardwood floors, in-unit laundry and a covered back deck. Unit #2 is a large 2BR/1BA ...that was renovated for the owner to occupy the space...leased at $1150 (lease ends 05/31/2020) and it's amazing! Gorgeous brand-new kitchen, fabulous bathroom with glass shower & porcelain tile, in-unit laundry and new flooring throughout. This unit also has a great covered back deck! Unit #3 is a sizable 1BR/1BA, leased for $675 (lease ends 01/10/2020) with a dedicated laundry in the basement. Please review the Sellers Disclosure of Property Condition for more information as to what has been upgraded/updated. Otherwise, the property is sold in AS IS/WHERE IS condition. The property is ideally located at the corner of South 3rd and E Hill Streets only 4 blocks from the University of Louisville, 5 minutes from the Central Business District downtown and has easy access to every major interstate in the city. The tenant & rental population is endless! This property would be a great addition to any rental portfolio or a superior live/rent situation on the 2nd floor for the savvy investor! Make your appointment today. Tenants rights apply with 48 hours notice. No showings after 5pm and no showings on weekends or holidays. No sign on property. Agents...plan your viewing now and bring us an offer! Seller reserves the right to reject up to 3 home inspectors. This building will not go FHA/VA. Seller will not accept an FHA/VA contract. PRICE IMPROVEMENT!

Essential Information

  • MLS® #1534010
  • Price$309,900
  • Bedrooms5
  • Bathrooms3.00
  • Full Baths3
  • Square Footage4,069
  • Year Built1900
  • TypeMultifamily
  • Sub-TypeTriplex
  • StatusActive

Community Information

Area

Dtown/Old Louisville/Shively/West Lou

Amenities

Utilities

Electric, Fuel:Natural, City Sewer, City Water

Exterior

  • Exterior FeaturesDeck, Porch, See Remarks
  • RoofShingle
  • ConstructionBrick

Lot Description

See Remarks, Corner, Covt/Restr, Sidewalk

Listing Details

  • OfficeGreat Space Louisville LLC

Detailed Map of 1503 S 3rd, Louisville KY

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Price Change History for 1503 S 3rd, Louisville, KY (MLS® #1534010)

Date Details Change
Price Reduced from $314,900 to $309,900 $5,000 (1.59%)
Price Reduced from $319,900 to $314,900 $5,000 (1.56%)

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More about 1503 S 3rd

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Listing information last updated on September 20th, 2019 at 1:00am EDT.