119 W Burnett Ave, Louisville, KY 40208

$925,000
12,372
SqFt
List Price
$925,000
MLS#
1587161
Status
ACTIVE
Type
Condo
Total Units
10
City
Louisville
Area
1 - Downtown / Old & West Louisville / Shively
County
Jefferson
Living Area
12,372
Year Built
1900

Property Description

This offering includes both 119 W. Burnett Ave. and 1437 S. 2nd St., the adjacent parking lot which allows for approximately 15 vehicles. The building includes a mix of 10 very large units, with room to raise rents to market value. Coin-op laundry is located in the basement. There is also opportunity to create additional revenue by utilizing the remaining space in the lower level. Tenants enjoy outdoor deck space as well as a large, shaded back yard.The property is situated in the heart of Old Louisville, minutes from downtown, UofL, Churchill Downs, and easy access to I65.Highlights include:> 10 units built as apartments (not converted), plus parking lot> Unit mix: Three 2/1's, two 2/1's, and six 1/1's> Separate HVAC's> On site laundry with additional lower level s

Additional Information

Construction
Brick
Exterior
Deck
Living Area
12,372
Parking Spaces
15
Region
1 - Downtown / Old & West Louisville / Shively
Roof Materials
Flat
Total Units
10
Utilities
City Sewer

Mortgage Calculator

Amount of Loan
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Calculator source: Real Geeks

Listing courtesy of PRG Commercial Property Advisors.