119 W Burnett Ave, Louisville, KY 40208

$750,000
Property Type: Multi Family Square Footage: 12,372 Status: Closed
Current Price: $750,000 List Date: 6/03/2021 Last Modified: 11/27/2024

Overview

Description

This offering includes both 119 W. Burnett Ave. and 1437 S. 2nd St., the adjacent parking lot which allows for approximately 15 vehicles. The building includes a mix of 10 very large units, with room to raise rents to market value. Coin-op laundry is located in the basement. There is also opportunity to create additional revenue by utilizing the remaining space in the lower level. Tenants enjoy outdoor deck space as well as a large, shaded back yard. The property is situated in the heart of Old Louisville, minutes from downtown, UofL, Churchill Downs, and easy access to I65. Highlights include: > 10 units built as apartments (not converted), plus parking lot > Unit mix: Two 3/1's and eight 1/1's > Separate HVAC's > On site laundry with additional lower level s

Listing Details MLS# 1587161

General Listing Information

Listing Price
925000
Property Sub Type
Apartment
HOA Y/N
No

Location

Street #
119
St Dir
W
Street
Burnett
St Suffix
Ave
Area
01-Dtwn Old Louisville/Shively/West Lou
Sub Area
A
County
Jefferson
State/Province
KY
Zip Code
40208
Subdivision/Condo
NONE
Directions
I-65 to W Burnett Ave Turn right onto W Burnett Ave Destination will be on the right
Deed Bk
No
Parcel ID
No
Pg #
No
Block
No
Lot
No

Contract Info

Original List Price
925000
Disclosure
No

Property Description

SqFt -Total Finished
12372
Above Grade Finished
12372
Below Grade Unfin
4124
Sqft - Total Unfin
4124
SqFt - Source
Other
First Floor Laundry
No
Total Units
10
Year Built
1900
# Parking Spaces
15
Covered Parking
No
Separate Meters
Yes
Sold As-Is
No
M Struct Flood Plain
No
Below Grade Finished
0
Nonconform SqFt Fin
0
Above Grade Unfin
0
Lot Size Dimensions
No
Security Deposit
No
Age
0
Term/Lease
No
# of Furnaces
0
# of Water Heaters
0

Status Change Info

Contract Acceptance Date
2021-07-02
Sold Date
2021-08-27

More Information

Architectural Style

Traditional
Yes

Sewer

Public Sewer
Yes

Construction

Brick
Yes

Roof

Flat
Yes

Heating

Forced Air
Yes

Patio and Porch Features

Deck
Yes

Property Features

Architectural Style: Traditional Construction: Brick Roof: Flat Patio and Porch Features: Deck Sewer: Public Sewer Heating: Forced Air
Listing Office: PRG Commercial Property Advisors
Source MLS Verified
Last Updated: November - 27 - 2024
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