1406 S 1st

Description

Prime Old Louisville 8-Unit Investment Opportunity!! Discover the allure of historic Old Louisville with this incredible investment property, perfectly poised for a condo conversion. Immerse yourself in the timeless charm of this well-maintained building boasting original mantels, recently refinished hardwood floors, and long-term ownership and self-management. This property offers an eclectic mix of units to cater to various lifestyles, including two 2-bedroom, 1-bath apartments, five 1-bedroom apartments with a dining room area and 1 bath, and one spacious 3-bedroom apartment with a living room, dining room area and 1 bath. Each unit is individually metered, ensuring tenants bear their utility expenses, and all apartments are equipped with dishwashers, pantries, and spacious closets.The building provides dedicated parking for residents and convenient coin-operated laundry facilities in the basement. Location Highlights: Embrace the charm of Old Louisville, a historic gem known for its architectural splendor. Perfect for UofL students, this property is situated close to UofL Cardinal Towne, providing easy access to campus, while Churchill Downs and downtown Louisville are just minutes away. Enjoy hassle-free commuting with swift access to I-65. Unlock the potential for higher rent revenue with this strategically located property. Its diverse unit mix and desirable location make it an appealing investment opportunity. Don't miss out on this rare investment opportunity in the heart of Old Louisville. Whether you're an experienced investor or looking to start your real estate portfolio, this property holds the key to potential success. Act now to secure your future in this historic and vibrant community.