Pending

1034 S Brook St, Louisville, KY, 40203

$407,500

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5

Beds

3

Baths

3,349

Square feet

0.11

Acres

Time on site: 17 hours

About 1034 S Brook St

Unique opportunity in Old Louisville is ideal for investors or owner occupants! Welcome to 1034 S Brook St! This fully furnished, income producing duplex offers flexibility for both savvy investors and owner occupants looking to offset their mortgage with rental income. This historic property is zoned and operated as a legal duplex, complete with three separate electric meters (one for each unit and one for common areas), perfect for streamlined tenant billing and household management. This fully furnished property is currently generating income through Furnished Finder, with mid-term tenants on flexible month-to-month leases in place for both units. This setup offers maximum versatility: continue with reliable income as-is, increase rents, transition to long term rental options, or shift to owner occupied use or explore short term rental options. This property includes off street parking for up to 4 vehicles via a recently improved gravel lot, plus on-street parking and private rear entry for both units. Unit 1 on the first floor offers 2 bedrooms, 1 bath, spacious living room, in unit laundry, eat in kitchen, and a touch of historic charm with hardwood floors, tall ceilings, and an abundance of natural light. Unit 2 fills the 2nd and 3rd floors with 3 bedrooms, 2 bathrooms, eat in kitchen, in unit laundry, private rear deck, and a bonus 2nd living room on the third floor. With over 3,300 sq ft of living space, this property offers solid income with immediate upside potential, whether you're looking to expand your rental portfolio, capitalize on the growing demand for furnished mid-term housing options, convert to multi-generational housing, or live in one unit and off set your mortgage by leasing the other. Don't miss your opportunity to own this home in one of Louisville's most iconic neighborhoods offering prime visibility and accessibility! Additional investment opportunities may exist for the savvy investor. See agent notes for details.

Facts & Features

MLS® # 1702888
Price $407,500
Bedrooms 5
Bathrooms 3.00
Full Baths 3
Square Footage 3,349
Acres 0.11
Year Built 125
Type Residential
Sub-Type Single Family Residence
Status Pending
Basement Cellar

Community Information

Address 1034 S Brook St
Area 00-Central Downtown District/Old Louisville
Subdivision OLD LOUISVILLE
City Louisville
County Jefferson
State KY
Zip Code 40203
Directions From I-65 S take Exit 135 toward St Catherine. Stay in the far right lane and turn right onto E St Catherine. In 300 ft turn right onto S 1st St. in 0.1 mile turn right onto E Kentucky St. After 500 ft turn right onto S Brook St. In 459 ft 1034 S Brook St will be on the right.

Amenities

Utilities Electricity Connected, Fuel:Natural
Parking None
Is Waterfront No

Interior

Heating Electric, Forced Air, Natural Gas
Cooling Central Air
Fireplace No
# of Stories 3

Rooms & Floor Level

Bedroom First
Family Room Third
Foyer First
Full Bathroom First
Kitchen First
Living Room First

Exterior

Lot Description Sidewalk
Roof Other, Metal
Construction Brick, Stone
Foundation Concrete Blk

School Information

District Jefferson

Additional Information

RE / Bank Owned No

Listing Details

OfficeRE/MAX Results

Detailed Map of 1034 S Brook St, Louisville, KY

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Local Housing Market Trends

Median Sale Price

$214,000 -11.2%

# Homes Sold

38 -7.3%

Days on Market

30 +7.1%

This home is located in an Average Market
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