329 E Oak St, Louisville, KY 40203

$875,000
Property Type: Multi Family Square Footage: 6,476 Lot Size (sq. ft.): 9,940 Status: Closed
Current Price: $875,000 List Date: 7/31/2023 Last Modified: 11/26/2024

Overview

Description

Combined 2 building 16 unit apartments close to UL, Old Louisville, Downtown and Medical Plaza. Dedicated fenced in rear parking with additional storage and garage. On street parking is also available. Established cash flow! 329 E Oak contains 1 one bedroom and 10 efficiency units. 327 E Oak connected to 329 with a brand new fire escape containing 4 one bedroom apartments and 1 efficiency apartment. 327 & 329 have been combined into 1 tax ID and parcel number. Great business model with these tenants. Long term weekly rental agreements which accumulate to 13 months of rent per year! On site laundry in each building and surveillance system. All furnishings to convey with property. Buildings had electrical and plumbing updates before current owners purchased them.

Listing Details MLS# 1642081

General Listing Information

Listing Price
949000
Property Sub Type
Apartment
HOA Y/N
No
HOA Annual $
0

Location

Street #
329
St Dir
E
Street
Oak
St Suffix
St
Area
02-Butchertwn/Hghlnds/Germantwn
Sub Area
A
County
Jefferson
State/Province
KY
Zip Code
40203
Deed Bk
12022
Parcel ID
030K00850000
Pg #
174
Subdivision/Condo
BUTCHERTOWN
Block
030K
Lot
0085
Directions
From I-64, take Exit 135 for St Catherine St. Turn right onto E St Catherine St, left onto S 1st St, Turn left at the 1st cross street onto E Oak St. Destination will be on the left.

Contract Info

Original List Price
995000
Disclosure
Yes

Property Description

SqFt -Total Finished
6476
Above Grade Finished
6476
SqFt - Source
Other
First Floor Laundry
Yes
Garage Y/N
Yes
Garage Spaces
2
Basement Y/N
Yes
Total Units
16
Lot Size Dimensions
71 x 140
Lot SF
9940
Age
123
Year Built
1900
Covered Parking
No
# of Furnaces
3
# of Water Heaters
2
Separate Meters
No
Sold As-Is
No
M Struct Flood Plain
No
Below Grade Finished
0
Nonconform SqFt Fin
0
Above Grade Unfin
0
Below Grade Unfin
0
Sqft - Total Unfin
0
Security Deposit
No
# Parking Spaces
0
Term/Lease
No

Status Change Info

Contract Acceptance Date
2023-10-13
Sold Date
2023-12-27

More Information

1st Level

Total Units
6
# of Rooms
6
Full Baths
6

2nd Level

Total Units
6
# of Rooms
6
Full Baths
6

3rd Level

Total Units
4
# of Rooms
4
Full Baths
4

Architectural Style

Traditional
Yes

Lot Description

Sidewalk
Yes

Utilities

Electricity Connected
Yes
Fuel:Natural
Yes

Water Source

Public
Yes

Sewer

Public Sewer
Yes

Construction

Brick
Yes

Roof

Shingle
Yes

Owner Pays

Electricity
Yes
Gas
Yes
Sewer
Yes
Trash Collection
Yes

Tenant Pays

Cable TV
Yes
Water
Yes

Heating

Natural Gas
Yes

Patio and Porch Features

Porch
Yes

Project Facilities

Laundry Facility
Yes

Property Features

Architectural Style: Traditional Construction: Brick Roof: Shingle Owner Pays: Electricity; Gas; Trash Collection Tenant Pays: Cable TV; Water Project Facilities: Laundry Facility Patio and Porch Features: Porch Utilities: Electricity Connected; Fuel:Natural Water Source: Public Sewer: Public Sewer Heating: Natural Gas Lot Description: Sidewalk
Listing Office: DREAM J P Pirtle REALTORS
Source MLS Verified
Last Updated: November - 26 - 2024
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