2019 Eastern Pkwy, Louisville, KY 40204

$1,800,000
Property Type: Multi Family Square Footage: 6,966 Status: Closed
Current Price: $1,800,000 List Date: 5/22/2024 Last Modified: 11/27/2024

Description

This 15 unit property has a prime location in highly desirable Cherokee Triangle, on the park-side of Eastern Parkway. It is steps from Cherokee Park, Willow Park, and Bardstown Road, on a beautiful tree-lined residential street. The property includes 10 1BR/1BA units and five 2BR/1BA units, each separately metered for LG&E and with their own HVAC system. There is off-street parking at the rear of the property, and coin-op laundry in the lower level. Most units have a balcony or deck and a dishwasher. Recent improvements include a new roof (2017), LVP and new carpet throughout the common areas and stairs, and some unit turns including new LVP flooring. Rents are well below market rate, and there is opportunity to continue unit turns and increase revenue.

Supplements: Highlights include: > 15 units, 10 1BR/1BA and five 2BR/1BA > Separately metered for LG&E > Off street parking > On site laundry

More Information MLS# 1661421

General Listing Information

HOA Y/N: No HOA Annual $: 0 Status: Closed Listing Date: 2024-05-21 Listing Price: 1837500 Property Sub Type: Apartment

Contract Info

Disclosure: No Original List Price: 1687500

Location

Sub Area: A Deed Bk: 0 Parcel ID: 0 Pg #: 0 Block: 0 Lot: 0 Directions: Get on I-64 E 5 min (1.9 mi)  Continue on I-64 E to Grinstead Dr. Take exit 8 from I-64 E 2 min (2.0 mi)  Continue on Grinstead Dr. Take Cherokee Pkwy to Eastern Pkwy Street #: 2019 Street: Eastern St Suffix: Pkwy Area: 02-Butchertwn/Hghlnds/Germantwn County: Jefferson State/Province: KY Zip Code: 40204 Subdivision/Condo: NONE Geo Lat: 38.232928 Geo Lon: -85.708691

Property Description

SqFt -Total Finished: 10449 Above Grade Finished: 6966 Below Grade Finished: 3483 Nonconform SqFt Fin: 0 Above Grade Unfin: 0 Below Grade Unfin: 0 Sqft - Total Unfin: 0 SqFt - Source: Other First Floor Laundry: No Garage Y/N: No Basement Y/N: No Total Units: 15 Lot Size Dimensions: 0 Security Deposit: 0 Age: 50 # Parking Spaces: 0 Covered Parking: No Term/Lease: 0 # of Furnaces: 0 # of Water Heaters: 0 Separate Meters: Yes Sold As-Is: No M Struct Flood Plain: No Year Built: 1974

Status Change Info

Status: Closed Contract Acceptance Date: 2024-08-10 Sold Date: 2024-09-30 Sold Price: $1,800,000

Architectural Style

Traditional: 1

Sewer

Public Sewer: 1

Construction

Brick: 1

Roof

Shingle: 1

Heating

Forced Air: 1

Exterior

Balcony: 1

None

Current Price: $1,800,000

Property Features

Architectural Style: Traditional Construction: Brick Roof: Shingle Exterior: Balcony Sewer: Public Sewer Heating: Forced Air
Listing Office: PRG Commercial Property Advisors
Last Updated: November - 27 - 2024
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 site owner 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.