1033 S 2nd St, Louisville, KY 40203

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Building Details:

• Year Built: 1900

1033 S 2nd St is located in Louisville, KY.

This Tri-Plex investment property is located at 1033 South Second Street in Louisville.

This 100% leased property presents new renovations that were recently undertaken, including cosmetic and mechanical work. The property is updated while still containing plenty of historical charm. All apartments are separately metered for gas and electric. The property contains parking spaces in the rear of the property, a huge bonus for the area. Access is from both the alley off St. Catherine Street.

This is a cash flowing investment property that's renovated and has leases and income in place, close to downtown and quick easy access to both University of Louisville and Spalding University.

PROPERTY HIGHLIGHTS:

:: Three-Story Tri-Plex investment opportunity with 2,788 SF of finished space
:: Basement with an additional 1,132 SF of unfinished space
:: Off-Street Parking provided with alley access
:: Unit 1 (2 bed & 1 bath) currently leased for $600/mnth
:: Unit 2 (2 bed & 1 bath) currently leased for $625/mnth
:: Unit 3 (1 bed & 1 bath) currently leased for $600/mnth
:: Located within close proximity to Spalding University & University of Louisville
:: Offered for $155,000 (9.8% CAP RATE)