2019 Eastern Pkwy, Louisville, KY 40204 (MLS# 1661421)

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

Overview

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

Listing Details MLS# 1661421

General Listing Information

Listing Price: 1837500
Property Sub Type: Apartment
HOA Y/N: No
HOA Annual $: 0

Location

Street #: 2019
Street: Eastern
St Suffix: Pkwy
Area: 02-Butchertwn/Hghlnds/Germantwn
Sub Area: A
County: Jefferson
State/Province: KY
Zip Code: 40204
Subdivision/Condo: NONE
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
Deed Bk: No
Parcel ID: No
Pg #: No
Block: No
Lot: No

Contract Info

Original List Price: 1687500
Disclosure: No

Property Description

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

Status Change Info

Contract Acceptance Date: 2024-08-10
Sold Date: 2024-09-30

More Information

Architectural Style

Traditional: Yes

Sewer

Public Sewer: Yes

Construction

Brick: Yes

Roof

Shingle: Yes

Heating

Forced Air: Yes

Exterior

Balcony: Yes

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.