1000 ELLISON Ave, Louisville, KY 40204 (MLS# 1492977)

1000 ELLISON Ave, Louisville, KY 40204

$805,000

Virtual Tour

http://propertytour.photos/uvt/29Wd0/GLAR/1492977/1000-ELLISON-Louisville-KY-40204

Property Type: Multi Family Square Footage: 6,750 Status: Closed

Current Price: $805,000 List Date: 1/10/2018 Last Modified: 11/26/2024

Overview

Description

EXTREMELY RARE OPPORTUNITY to purchase an all brick 10-Plex located in highly sought after Germantown. The property spans a full block at the corner of Ellison and Krieger (actual addresses are 1000 Ellison Ave and 1205-1215 Krieger St. Separate Meters (except water). 5 units with central air. 5 units with window/wall units. All units have gas furnaces. 3 new furnaces. 4 furnaces new in 2009. 5 New water heaters. Some replacement windows. Roof is approximately 6 years old per previous seller. All ranges/refrigerators and window/wall units are landlord owned . City garbage cans. 2017 owner expenses are as follows. Water $3,800. Taxes $4,797.44. Insurance $4,186. $7,115 gross monthly income with potential to raise rents to fair market value of $8,000 or so. Solid 8% current CAP rate.

Listing Details MLS# 1492977

General Listing Information

Listing Price: 849999
Property Sub Type: Apartment
HOA Y/N: No
HOA Annual $: 0

Location

Street #: 1000
Street: ELLISON
St Suffix: Ave
Area: 02-Butchertwn/Hghlnds/Germantwn
Sub Area: A
County: Jefferson
State/Province: KY
Zip Code: 40204
Deed Bk: 10431
Pg #: 527
Subdivision/Condo: GERMANTOWN
Block: 025J
Lot: 0201
Directions: Corner of Ellison and Krieger
Parcel ID: No

Contract Info

Original List Price: 849999
Disclosure: Yes

Property Description

SqFt -Total Finished: 6750
Above Grade Finished: 6750
Below Grade Unfin: 3150
Sqft - Total Unfin: 3150
SqFt - Source: Appraiser
Total Units: 10
Security Deposit: varies
Age: 98
Year Built: 1920
Covered Parking: No
Term/Lease: varies
# of Furnaces: 10
# of Water Heaters: 10
Separate Meters: Yes
Sold As-Is: Yes
M Struct Flood Plain: No
Below Grade Finished: 0
Nonconform SqFt Fin: 0
Above Grade Unfin: 0
Lot Size Dimensions: No
# Parking Spaces: 0

Status Change Info

Contract Acceptance Date: 2018-01-22
Sold Date: 2018-03-23

More Information

1st Level

Total Units: 6
# of Rooms: 20
Living Room: 6
Full Baths: 6
Partial Baths: Yes
Closets: 13
Kitchen: 6
Refrigerator: 6
Range: 6
Laundry: Yes

2nd Level

Total Units: 4
# of Rooms: 15
Living Room: 4
Full Baths: 4
Closets: 9
Kitchen: 4
Refrigerator: 4
Range: 4
Dishwasher: Yes

Architectural Style

Other: Yes

Lot Description

Corner Lot: Yes
Sidewalk: Yes

Utilities

Electricity Connected: Yes
Fuel:Natural: Yes

Water Source

Public: Yes

Sewer

Public Sewer: Yes

Construction

Brick: Yes

Roof

Flat: Yes

Owner Pays

Sewer: Yes
Water: Yes

Tenant Pays

Cable TV: Yes
Electricity: Yes
Gas: Yes
See Remarks: Yes

Heating

Forced Air: Yes
Natural Gas: Yes

Cooling

Central Air: Yes
Wall/Window Unit(s): Yes

Exterior

See Remarks: Yes

Property Features

Architectural Style: Other Construction: Brick Roof: Flat Owner Pays: Water Tenant Pays: Cable TV; Electricity; Gas; See Remarks Exterior: See Remarks Utilities: Electricity Connected; Fuel:Natural Water Source: Public Sewer: Public Sewer Heating: Forced Air; Natural Gas Cooling: Central Air; Wall/Window Unit(s) Lot Description: Corner Lot; Sidewalk

Listing Office: Beck Realty Group

Last Updated: November - 26 - 2024

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