2411 S Shelby St, Louisville, KY 40217

2409 S Shelby St, Louisville, KY 40217, USA
$216,900

Basics

Date added Added 1 month ago Type Status Bathrooms 0 baths
Area 2396 sq ft Lot size 3746 sq ft Year built 1922 Lot Features Sidewalk
County Or Parish Jefferson Subdivision Name NONE MLS ID 1669826

Description

  • Description:

    Welcome to 2411 S. Shelby Street. This 5-plex apartment building presents an excellent investment opportunity. Convenient to UofL, downtown Louisville, Audubon Park, Germantown, and the Highlands, potential tenants will love the central location. This property is zoned C-1 and has endless possibilities for end use. You could keep the current apartment layout as-is (5 one bedroom, one bath units), and potentially renting units 1, 2, and 5 to high paying Section 8 tenants and enjoying a cash-cow. You could live in one of the units and rent out the others to house hack. Or convert the main floor to a short-term rental or storefront space while keeping three one bedroom apartments above and below. The roof, siding, windows, and storm windows are all updated. New kitchen cabinets for all 5 units (not yet installed) are included and convey with the property. All 5 units have separate electric meters while the gas and water are each on one shared meter. The whole building is serviced by one HVAC system and one water heater, saving potential headaches and costs from multiple systems. This property is being sold "as-is."

Location

  • Directions: I-264 (Watterson Expressway) to Exit 11. Go North on Preston Highway. Continue Straight on S. Shelby Street at split with S. Preston Street. Building will be on the right in between Clarks Lane and Minoma Avenue.

Building Details

  • Architectural Style: Bungalow
  • Electric: MultiFamily
  • Roof: Shingle
  • Construction Materials: Wood Frame, Vinyl Siding

Amenities & Features

  • Cooling: Central Air, Wall/Window Unit(s)
  • Exterior Features: Porch
  • Utilities: City Sewer, City Water, Electricity Connected, Fuel:Natural
  • Heating: Forced Air, Natural Gas

Miscellaneous

  • 0

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This style property is located in Louisville is currently and has been listed on ZHomes. This property is listed at $216,900. It has bedrooms, 0 baths bathrooms, and is 2396 sq ft. The property was built in 1922 year.

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