1459 Saint James Ct, Louisville, KY 40208

$899,900
8,176
SqFt
List Price
$899,900
MLS#
1544911
Status
ACTIVE
Type
Condo
Total Units
10
City
Louisville
Area
1 - Downtown / Old & West Louisville / Shively
County
Jefferson
Living Area
8,176
Year Built
1910

Property Description

10 unit apartment building in downtown Louisville's Saint James Court across from Central Park. The stately building is in excellent condition and essentially a turn-key fully leased building. 6 of the units are 1 bedroom 1 bath units and 4 of the units are studio units. 9 of the units are in the 3 story main house and 1 unit is in the carriage house. 3 parking spots are adjoining the carriage house and then on street parking. The rents are between $695 and $845 monthly. Each unit has separate electric. Heat is provided by a 95% efficiency boiler installed in 2015. Gross annual income is approximately $93,757 with the cap rate of 7.498%. There is a large brick patio in the backyard for the tenants' outdoor entertaining. The basement level provides additional storage and a coined

Additional Information

City Tax Rate
.3538
Construction
Brick
County Tax Rate
.9485
Exterior
Deck, Porch
Furnaces
3
Living Area
8,176
Lot Description
Sidewalk
Municipality
Louisville
Parking Spaces
3
Project Facilities
Laundry Facility, Pets Allowed
Region
1 - Downtown / Old & West Louisville / Shively
Roof Materials
Rolled, Shingle
Subdivision
Old Louisville
Tenant Pays
Cable, Electric, Gas
Total Units
10
Utilities
City Sewer, City Water, Electricity Connected, Fuel:Natural
Waterheaters
3

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
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Calculator source: Real Geeks

Listing courtesy of Lenihan Sotheby's International Realty.