2432 Glenmary Ave, Louisville, KY 40204

$1,650,000
Property Type: Multi Family Square Footage: 13,280 Lot Size (sq. ft.): 23,522 Status: Closed
Current Price: $1,650,000 List Date: 6/05/2019 Last Modified: 11/26/2024

Overview

Description

Unusual and rare opportunity! This 16 unit building is located in the highly sought after Highlands across from Collegiate School. Monthly income is $9600 and rents could easily be increased. There are 8 one bedroom units, 6 two bedroom units and 2 three bedroom units. Each unit has original hardwood floors and comes with a Stove and Refrigerator. These units are highly sought after and lease quickly with long term tenants. Building has one main water heater, but each unit has its own furnace. Tenants provide their own a/c units. Water and trash are included, tenants pay their own gas and electric. Leases vary as some are on a year and some are month-to-month. There is a detached garage that is not currently offered to tenants.

Supplements: However, one garage space is currently rented to a neighbor for an additional $166/month. The basement is currently unfinished and offers the tenants coin operated washers and dryers and has potential for development. Square footage is per PVA and not warranted- buyer to verify.

Listing Details MLS# 1534022

General Listing Information

Listing Price
2200000
Property Sub Type
Apartment
HOA Y/N
No
HOA Annual $
0

Location

Street #
2432
Street
Glenmary
St Suffix
Ave
Area
02-Butchertwn/Hghlnds/Germantwn
Sub Area
A
County
Jefferson
State/Province
KY
Zip Code
40204
Deed Bk
7241
Parcel ID
075J00090000
Pg #
0856
Subdivision/Condo
NONE
Block
075J
Lot
0009
Directions
Grinstead Drive to Glenmary

Contract Info

Original List Price
2200000
Disclosure
Yes

Property Description

SqFt -Total Finished
13280
Above Grade Finished
13280
Below Grade Unfin
6640
Sqft - Total Unfin
6640
SqFt - Source
Other
First Floor Laundry
No
Total Units
16
Lot SF
23522
Security Deposit
10664
Age
59
Year Built
1960
# Parking Spaces
16
Covered Parking
Yes
Term/Lease
MTM
# of Furnaces
16
# of Water Heaters
Yes
Separate Meters
Yes
Sold As-Is
Yes
M Struct Flood Plain
No
Below Grade Finished
0
Nonconform SqFt Fin
0
Above Grade Unfin
0
Lot Size Dimensions
No

Status Change Info

Contract Acceptance Date
2019-07-15
Sold Date
2019-08-07

More Information

Architectural Style

Traditional
Yes

Water Source

Public
Yes

Sewer

Public Sewer
Yes

Construction

Brick
Yes

Roof

Shingle
Yes

Heating

Forced Air
Yes

Cooling

Wall/Window Unit(s)
Yes

Exterior

None
Yes

Property Features

Architectural Style: Traditional Construction: Brick Roof: Shingle Exterior: None Water Source: Public Sewer: Public Sewer Heating: Forced Air Cooling: Wall/Window Unit(s)
Listing Office: Schempp Realty Company
Source MLS Verified
Last Updated: November - 26 - 2024
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