1720 S 2nd St, Louisville, KY 40208

$1,463,000
Property Type: Multi Family Square Footage: 5,784 Lot Size (sq. ft.): 14,287 Status: Closed
Current Price: $1,463,000 List Date: 8/23/2023 Last Modified: 4/02/2025

Description

This rare multifamily opportunity is located in one of Old Louisville's most high quality locations. It is only two blocks from the UofL campus, and directly across from Manual High School, a top 5 ranked public school in Kentucky. Built as an apartment property, which is rare for the area, it contains 12 apartments containing 2 bedroom/1 bath units. It is separately metered for gas and electric with tenants paying these utilities, and units have washer dryer hookups. The asset is owned by a long term owner who has kept the property well maintained. There are no indoor common area elements, which reduce cost and upkeep. A sizable lot is in the rear offering ease of parking for residents.

More Information MLS# 1643722

General Listing Information

HOA Y/N: No HOA Annual $: 0 Status: Closed Listing Date: 2023-07-31 Listing Price: 1487000 Property Sub Type: Apartment

Contract Info

Disclosure: No Original List Price: 1487000

Location

Sub Area: A Deed Bk: 11221 Parcel ID: 0 Pg #: 52 Block: 033E Lot: 0085 Directions: S 2nd Street to Property Street #: 1720 St Dir: S Street: 2nd St Suffix: St Area: 01-Dtwn Old Louisville/Shively/West Lou County: Jefferson State/Province: KY Zip Code: 40208 Subdivision/Condo: NONE Geo Lat: 38.222375 Geo Lon: -85.759586

Property Description

SqFt -Total Finished: 5784 Above Grade Finished: 5784 Below Grade Finished: 0 Nonconform SqFt Fin: 0 Above Grade Unfin: 0 Below Grade Unfin: 2892 Sqft - Total Unfin: 2892 SqFt - Source: Other First Floor Laundry: No Garage Y/N: No Basement Y/N: Yes Total Units: 12 Lot Size Dimensions: 180/80 Security Deposit: yes Age: 50 # Parking Spaces: 16 Covered Parking: No Term/Lease: 1 # of Furnaces: 12 # of Water Heaters: 12 Separate Meters: Yes Sold As-Is: Yes M Struct Flood Plain: No Lot SF: 14287 Year Built: 1973

Status Change Info

Status: Closed Contract Acceptance Date: 2023-09-06 Sold Date: 2023-10-20 Sold Price: $1,463,000

Architectural Style

Other: 1

Lot Description

Sidewalk: 1

Water Source

Public: 1

Sewer

Public Sewer: 1

Construction

Brick: 1

Roof

Asphalt: 1

Owner Pays

Sewer: 1 Trash Collection: 1 Water: 1

Tenant Pays

Electricity: 1 Gas: 1

Heating

# of HVAC Units: 1 Forced Air: 1 Natural Gas: 1

Patio and Porch Features

Deck: 1

Cooling

Central Air: 1

None

Current Price: $1,463,000

Property Features

Architectural Style: Other Construction: Brick Roof: Asphalt Owner Pays: Trash Collection; Water Tenant Pays: Electricity; Gas Patio and Porch Features: Deck Water Source: Public Sewer: Public Sewer Heating: # of HVAC Units; Forced Air; Natural Gas Cooling: Central Air Lot Description: Sidewalk
Listing Office: PRG Commercial Property Advisors
Last Updated: April - 02 - 2025
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