Homes for sale - 1631 Beechwood Ave, Louisville, KY 40204

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Feysal Saidi

feysalhomes@gmail.com +1(502) 299-3794

$ 495,000

Est. payment | -/mo

5 Beds

3 Baths

3,600 SqFt

Save

$ 495,000

Est. payment | -/mo

Save

5 Beds

3 Baths

3,600 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 3,600 sqft

Price per Sqft $137

Subdivision Highlands

MLS Listing ID 1689186

Style Traditional

Bedrooms 5

HOA Y/N No

Abv Grd Liv Area 3,600

Year Built 1910

Lot Size 4,356 Sqft

Acres 0.1

Property Sub-Type Quadruplex

Source Metro Search (Greater Louisville Association of REALTORS®)

Property Description

A super investment opportunity with 4 apartment units of varying sizes. The premium 2-bedroom/1 bathroom carriage house unit over the garage would be ideal for an owner occupant who wants to live away from their tenants but have the other 3 units offset the mortgage. The carriage house apartment previously rented for $1650/month. The main building has three units, one on each floor. The first floor unit is a 1 bedroom/1 bathroom unit which currently rents for $1086 per month. That unit is on a MTM lease. The second floor unit is a 2 bedroom/1 bathroom unit which rents for $1450 per month. That lease expires in September 2025. The third floor unit is a super cute studio unit which rents for $500 per month (a friend of the family discount but should rent for at least $700/month) and is on a short-term 6 month lease. For showing, you will see the largest (the carriage house) and smallest units (the studio) with the other units available to see with accepted offer. Most windows have been replaced, the roofs are updated and it is in a super location. Note that there are 2 electric and 3 gas meters and landlord pays all utilities but another arrangement could be made by a new owner. The carriage house unit will be left vacant so a Buyer can decide if they want it rented or to move into it. Owned by the current family for over 30 years, but it is time to retire. Priced well and therefore is being offered strictly in as-is condition but Buyers are welcome to do their inspections of course.

Location

State KY

County Jefferson

Direction Bardstown Road or Baxter to Beechwood, across from Beechwood Park

Interior

Heating Electric, Forced Air, Natural Gas

Exterior

Exterior Feature See Remarks

Garage Spaces 1.0

View Y/N No

Roof Type Shingle

Porch Deck, Porch

Garage Yes

Building

Sewer Public Sewer

Water Public

Architectural Style Traditional

Structure Type Vinyl Siding,Wood Frame

Greater Louisville MLS (Metro Search Inc)

Listed by THINK Real Estate LLC

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(502) 299-3794

feysalhomes@gmail.com

1991 Crocker Rd, Suite 600, Westlake, Ohio, 44145, United States

1631 Beechwood Ave Louisville, KY 40204