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2101 S Preston

Louisville, KY 40217
  • $300,000
  • STATUS: Active
  • ON SITE: 22 Days
  • ID#: 1618269
UPDATED: 44 min ago
$300,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,916
    SQFT
  • $157
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1925
County:

School Ratings & Info

Description

This circa 1925 bungalow conversation for use as a duplex, offers incredible opportunity for owner occupant. Apartment A includes a 782 square foot two bedroom one full bathroom dwelling comprised of the entire basement which rents currently for $850 monthly on a month to month lease. Apartment B includes a 1134 square foot three bedroom two full bath dwelling comprised of the 1st and 2nd floors leased through April of 2023 for $1550 monthly. The shared laundry is located within the attached one car garage. This property is located on the eastern side of South Preston Street directly facing ZANZABAR and is adjacent to the newly completed Swiss Village. Conveniently accessible to the University of Louisville and Eastern Parkway corridor.The property is zoned C-1 and includes short term rental (STR | AirBNB) as use by right (no CUP necessary for non owner occupant). This property was the first owner occupant multifamily income producing investment for the current owner and his enthusiasm and investment property portfolio grew from here. This would be an excellent asset for the first-time landlord. Under preferential financing terms the property should immediately produce both net operating income (profit) as well as generate positive cash flow under an owner-occupant of Apartment A. Please note all showings will require a 48 hour curtesy notice to the current tenants.

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© 2022 Metro Search Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search, Inc. Real estate listings held by brokerage firms other than The Rhonda Roberts Team | Keller Williams Louisville East are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about each listing includes the name of the listing broker. Data last updated: 2022-08-14T10:58:20.017.
www.rhondarobertsteam.com/homes/131183801
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2101 S Preston Louisville, KY 40217

  • Price: $300,000
  • Status: Active
  • On Site: 22 Days
  • Updated: 44 min ago
  • ID#: 1618269
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1,916
SQFT
$157
$/SQFT
1925
Built
Neighborhood:
Gardiners Cottage
County:
Jefferson
Area:
02-Butchertwn/Hghlnds/Germantwn
Property Description
This circa 1925 bungalow conversation for use as a duplex, offers incredible opportunity for owner occupant. Apartment A includes a 782 square foot two bedroom one full bathroom dwelling comprised of the entire basement which rents currently for $850 monthly on a month to month lease. Apartment B includes a 1134 square foot three bedroom two full bath dwelling comprised of the 1st and 2nd floors leased through April of 2023 for $1550 monthly. The shared laundry is located within the attached one car garage. This property is located on the eastern side of South Preston Street directly facing ZANZABAR and is adjacent to the newly completed Swiss Village. Conveniently accessible to the University of Louisville and Eastern Parkway corridor.The property is zoned C-1 and includes short term rental (STR | AirBNB) as use by right (no CUP necessary for non owner occupant). This property was the first owner occupant multifamily income producing investment for the current owner and his enthusiasm and investment property portfolio grew from here. This would be an excellent asset for the first-time landlord. Under preferential financing terms the property should immediately produce both net operating income (profit) as well as generate positive cash flow under an owner-occupant of Apartment A. Please note all showings will require a 48 hour curtesy notice to the current tenants.
Exterior Features

Construction Frame - WoodStucco Covered Parking No Exterior DeckPatioPorch Garage Parking 1 Car Garage Garage YN Yes Lot Description Corner Lot Size 130X35 Parking Spaces 2.0 Roof Asphalt

Interior Features

1st Level Bedrooms 1 1st Level Full Baths 1 1st Level Rooms 5 1st Level Total Units 1 2nd Level Bedrooms 2 2nd Level Full Baths 1 2nd Level Rooms 3 Above Grade Finished 1134.00 Above Grade Unfin 0.00 Basement Level Bedrooms 2 Basement Level Full Baths 1 Basement Level Total Units 1 Below Grade Finished 782.00 Below Grade Unfin 0.00 Energy Natural Gas First Floor Laundry No Nonconform Sq Ft Fin 0.00 Sqft Total Unfin 0.00 Total Units 2.0000 Water Heaters 1.0000

Property Features

1st Level Rent 1550.00 Basement Level Rent 850.00 City Tax 2361.82 County Tax . Disclosure Yes Flood Plain No Furnaces 1.00 HOAAnnual Amount 0 Lease Term Month To Month 04/23 Multifamily Sub Type Duplex Owner Pays ElectricGasSewerTrash RemovalWater Security Deposit 2350 Separate Meters No Sq Ft Source Appraiser Tenant Pays Cable Utilities City SewerCity WaterElectricity ConnectedFuel:Natural

Listing provided courtesy of Semonin Realtors. © 2022 Metro Search, Inc. All rights reserved.


© 2022 Metro Search Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search, Inc. Real estate listings held by brokerage firms other than The Rhonda Roberts Team | Keller Williams Louisville East are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about each listing includes the name of the listing broker. Data last updated: 2022-08-14T10:58:20.017.
 
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The Rhonda Roberts Team | Keller Williams Louisville East
9911 Shelbyville Rd, Ste 100
Louisville KY, 40223