1251 S Brook St, Louisville, KY 40203
Overview
Description
Supplements: ... (Read more) The property features a state-of-the-art access control system, enhancing resident security while preserving the private courtyard setting. Landlord is in the process of transitioning to a tenant-paid utility structure, which will enhance operational efficiency and minimize landlord overhead. Unit interiors are thoughtfully equipped with modern conveniences, including dishwashers and washer/dryer hookups, aligning with renter expectations in today's market. With renovations completed recently, this offering represents a rare scale opportunity in Old Louisville—an area typically characterized by smaller, fragmented assets—making it especially attractive for investors seeking operational efficiencies and long-term growth potential. *This property has an assumable and forgivable HOME loan covering three units that must be assumed.
Listing Details MLS# 1713850
General Listing Information
- Office Exclusive?
- No
- Listing Price
- 2950000
- Property Sub Type
- Apartment
- HOA Y/N
- No
- HOA Annual $
- 0
Location
- Street #
- 1251
- St Dir
- S
- Street
- Brook
- St Suffix
- St
- Area
- 01-Dtwn Old Louisville/Shively/West Lou
- County
- Jefferson
- State/Province
- KY
- Zip Code
- 40203
- Deed Bk
- 13004
- Parcel ID
- 08032C00130000
- Pg #
- 808
- Subdivision/Condo
- NONE
- Directions
- Oak Street to Brook Street
- Block
- No
- Lot
- No
Contract Info
- Original List Price
- 2950000
- Disclosure
- No
Property Description
- SqFt -Total Finished
- 24952
- Above Grade Finished
- 24952
- Below Grade Unfin
- 1848
- Sqft - Total Unfin
- 1848
- SqFt - Source
- Other
- First Floor Laundry
- No
- Garage Y/N
- No
- Basement Y/N
- Yes
- Total Units
- 38
- Lot SF
- 29459
- Age
- 96
- Year Built
- 1930
- Covered Parking
- No
- Separate Meters
- No
- Sold As-Is
- Yes
- M Struct Flood Plain
- Under Review
- Below Grade Finished
- 0
- Nonconform SqFt Fin
- 0
- Above Grade Unfin
- 0
- Lot Size Dimensions
- No
- Security Deposit
- No
- # Parking Spaces
- 0
- Term/Lease
- No
- # of Furnaces
- 0
- # of Water Heaters
- 0
More Information
Utilities
- Other
- Yes
Construction
- Brick
- Yes
Roof
- Asphalt
- Yes
Heating
- Other
- Yes
Exterior
- Balcony
- Yes
Property Features
