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427 Park Ave
Louisville, Kentucky, United States

Appliances

Cook Top Range, Dishwasher, Refrigerator.

Exterior features

Deck, Patio.

Exterior finish

Brick, Wood.

Roofing

Composition Shingle.

Description

Great multi-family investment opportunity in historic Old Louisville across from Central Park! Beautiful architectural details throughout this six unit complex in the heart of Old Louisville, close to University of Louisville and downtown. Updates and upgrades include completely renovated Unit 6, newer water heater, new roof on carriage house and extensive repair of the main sewer line with an epoxy coating, which will last decades. One lane shared driveway, garage (currently used for storage) and lovely back patio between the main house and carriage house. Rent brings $5,185 monthly and all units are occupied. Owner pays utilities. Laundry hookups and central air conditioning in unit 1 only. Unit 1 in the main house is a large 3-bedroom, 2-bath townhouse style unit with bright living room with hardwood flooring, formal dining room and sunroom facing Central Park, laundry and central air conditioning in unit. Two bedrooms are on first floor and one is on second floor. Currently rented for $1,500 per month. Unit 2 is a 1-bedroom townhouse style unit with kitchenette, also in the main house. Currently rented for $495 per month. Unit 3 is a 1-bedroom, 1-bath carriage house accessed through the second door of the building in the back. Large, updated bathroom and new roof installed May 2019. Currently rented for $695 per month. Unit 4 is a charming 1-bedroom, 1-bath unit on the second floor of the main house, which features a living room, formal dining room and sunroom leading to a quaint Juliette balcony overlooking Central Park and small back deck. Multi-purpose space that could be used for an office or extra storage as well. Currently rented for $1,175. Unit 5 is a studio apartment on the third floor of the main house with one bath and kitchenette. Currently rented for $425 per month. Unit 6, also on the third floor of the main house is a 1-bedroom, 1-bath bright unit with large living room and large rooftop deck overlooking Central Park. Currently rented for $895 per month.

Schools

Elementary , High , Junior High , Middle School

Presented by

Kentucky Select Properties

Kentucky Select Properties
Click To Show Phone
Main: +1 502 271 5000
Toll Free: +1 866 770 3324

Marci Wilson-Bates

Kentucky Select Properties
Click To Show Phone
Mobile: +1 502 609 1978
Toll Free: +1 866 770 3324

Location

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