Eric Hibbs - Coldwell Banker McMahan
219 E Ormsby
Louisville, KY 40203

$1,200,000

Description

GREAT CASH FLOW! ALL units rented! Fantastic renovated brick 2 story apartment building in Historic Old Louisville known as ''The Queen Ann.'' This unique building offers 18 one Br units, all with updated kitchens, updated baths, updated floor coverings plus 9 decks for the 2nd floor units were replaced a few years ago. Building features all updated 600 AMP Electric Service with 19 gang Meter Base. All units are separately metered with their own 100 AMP electric panel and updated wiring throughout. The building also features updated plumbing, water service, manifold (flow regulator & seperate cut offs for each unit) plus electric water heaters in each unit. Over $400,000 in renovations made over the past few years per the previous owner. Units show well and rent well! Close to UofL.

Details

MLS#1500324
Sub-TypeResale
StatusActive
Year1930
Days On Site245

Features

SQ Feet9,892
Units18
Building(s)1

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Area Information

StateKY
CountyJefferson
CityLouisville
Zip Code40203
Listing VS Median (in 40203)
Price:
$1,200,000
low | high
Med:
$117,450
100% of Average
SqFt:
9,892
low | high
Med:
1,458
100% of Average
$ / SqFt:
$121
low | high
Med:
$89
76.412535398536% of Average
On Site:
245
low | high
Med:
35
100% of Average
Listing Updated: 12/12/2018
MLS Number: 1500324
Listing Provided By:
LaVonne M Cottrell  of  RE MAX Properties East