1827 S 3Rd

Louisville, KY 40208 View Map $387,350 Ask a Question
Sq.Ft.3,689
Year1901
1827 S 3Rd Louisville, KY 40208 | MLS 1599254 Photo 1
1827 S 3Rd Louisville, KY 40208 | MLS 1599254 Map
Chris Eagan

Chris Eagan

(502) 649-8381
Licensed in KY: 195789

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Status: Sold
Property Type:Triplex
MLS #:1599254
Sq. Feet:3,689
Date Sold:12/27/2021
County:Jefferson
Awesome, Fully-Rented, absolutely turnkey, exceedingly nice, Separately metered, Brick, late 19th Century TriPlex, 3 doors from Cardinal Blvd, Steps from U of L Belknap Campus. $33,800+ to $36,480* / Yr projected potential rental income. Recently updated w/ Higher end finishes and ATTN to QUALITY in order to attract high-end, quality, long-term tenants (@ premium market rents) Large units, w/ practical floor plans, high ceilings, beautiful Inlaid hardwood floors & original mantels, separate utility meters & separate HVAC. 1 large 2 BR/ 2 BA apt, 1 large 1 or 2 BR (w/ no closet)/ 1 BA apt w/ basement access to Washer-Dryer & a ''townhouse style'' 1 BR/ 1 BA 3rd Flr apt. All have been completely updated w/ New Kitchens (w/ Granite countertops, new cabinetry & tile floors), and New, tiled.. Baths.
10-12 yrs ago, property underwent major renovation w/ complete replacement of rear roof, electrical, plumbing & HVAC systems. Within last 1-5 years: 1 C/A unit & Hot Water Heater replaced & parking lot re-surfaced w/ 9 spaces marked off.

* $33,800+ to $36,480 / Yr projected potential gross rent is based on Rentometer estimates for higher end of range- $950 to $1,025/Mo for # 1 (1 or 2 BR, 1 BA w/ basement access), $1,050 to $1,105/ mo for #2 (townhouse style 2 BR/ 2 BA) and $722 to $810 / mo for (1 BR/1 BA) # 3. (See Rentometer screen shots attached to photos RE projected/potential rent amt) + the potential of renting 2 parking spaces @ $50/Mo each ($100 Total). Basement has exterior entry and would a perfect coin-operated laundry area.

Current, actual rent @ full occupancy is $2,100 mo - $500 (#1 / Exp 6/30/2022) , $1,000 (#2 / Exp 6/30/2022) and $600 (# 3/ now mo-to-mo lease, exp 6/30/2021)

Detailed Maps

Community Information

Address:1827 S 3Rd Louisville, KY 40208
Area:1 - Downtown / Old & West Louisville / Shively
County:Jefferson
City:Louisville
Subdivision:Old Louisville
Zip Code:40208

Architecture

Year Built:1901
Construction Features: Brick
Roof Features: Shingle

Features / Amenities

Exterior Features: Deck, Porch
Heating: Electric, Forced Air, Natural Gas
Cooling: Central Air

Square Footage

Finished Sq. Ft. Unfinished Sq. Ft.
Above Grade 3689 0
Below Grade 0 1533
Non-Conforming 0 0
Total 3689 1533

Rooms

Level# Rooms# Bedrooms# Bathrooms
Main Level411
Level 2422
Level 3311

Property Features

Lot Dimensions:40 x 200
Lot Features: Sidewalk
Utilities Features: City Sewer, City Water, Fuel:Natural
Directions:Eastern Parkway to North on S 3rd St to Left on Bloom to Left on Street (Property on Left side of the Street, 3 doors before W Cardinal Blvd.)

Tax and Financial Info

Owner Pays: See Remarks, Sewer, Water
Tenant Pays: Cable, Electric, Gas

Schools

WALKING AND TRANSPORTATION

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Listing Information Last Updated 10/6/2022
Listing provided courtesy of Eagan Realty Group.
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