4928 S 3rd St

Property Description

**SHOWING: Saturday September 7, 2024 from 11-1pm**

Welcome to 4928 S 3rd, a townhouse-style duplex perfect for investors or those looking to live in one unit and rent out the other. Each unit offers about 1,200 sq ft of living space, featuring 2 bedrooms and 1.5 baths. The property comes with a detached garage and convenient in-unit washers and dryers for both sides.

Property Highlights:
-Tenant pays all utilities
- Total of 2 units, each 1,200 sq ft
- 2 bedrooms and 1.5 baths per unit
- Detached garage
- In-unit washer and dryer in both units
- Newer HVAC system in one unit (6 years old); older but functional unit in the other
- Currently tenant-occupied with month-to-month leases
- Rent potential of $1,200-$1,300/month, significantly higher than current rents of $800-$850/month due to pre-COVID grandfathering
Note:
- The roof is older (20+ years), and 1,200 sq ft of carpeting in both units needs replacement
- One tenant is scheduled to move out by October 1st

With great rental potential and a prime location, this property offers excellent income opportunities with a little TLC. Don't miss out on this value-add investment!

***Please DO NOT visit the property outside of the showing ***

Overview

Property Status

Sold

Lot Size

9,235 Sq.Ft.

MLS ID

1669854

Property Type

Multi-Family

Year Built

1951

Are you interested?

Schedule a Tour

Maylin Rodriguez Ayala

(502) 202-1597 [email protected]

Features & Amenities

Total Area

2,592 Sq.Ft.

Architecture Styles

Other

Garage Spaces

2.0

Utilites

City Sewer, City Water, Electricity Connected, Fuel:Natural

Roof

Shingle

Heat Type

Natural Gas

Air Conditioning

Central Air

Other Exterior Features

None

Sales Price

$210,000

Schedule a Tour

We would love to help you see this beautiful home! As a full-service brokerage, we can help you tour. Please submit an offer, and answer questions about the buying process.

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Thank you

for your interest in 4928 S 3rd St, Louisville, KY 40214

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