Situated on a beautiful corner lot just blocks from the University of Louisville campus and in close proximity to Churchill Downs, this spacious home features numerous updates and a great floor plan. Step inside to find the light-filled living room with fireplace and two closets. Pass through a convenient home office on your way to the move-in ready kitchen that boasts ample cabinetry and appliances to remain with the home. The kitchen adjoins a cozy dining area with laundry area with washer and dryer. A true highlight of this home and a rarity for the area, the first floor primary suite includes a private rear entrance, an en suite bathroom, a dedicated HVAC system and water heater, and lots of closet space. The first floor also features another bedroom that is convenient to another full bathroom. Upstairs, you'll find a large bedroom with original wood paneling, a walk-in closet, and a full bathroom. The finished lower level with its own exterior entrance affords a new buyer endless possibilities! There is a large family room with fireplace, a bonus room that could work well as a home office or additional sleeping quarters, a full bathroom, and another fully-equipped kitchen. The fenced-in yard includes a covered patio area, as well as a 2-car garage with 220v outlet and a third bay for additional storage or parking for a small vehicle. This home presents an excellent investment opportunity in a convenient area of town!