607 W Ormsby Ave, Louisville, KY 40203
607 W Ormsby Ave, Louisville, KY 40203
607 W Ormsby Ave, Louisville, KY 40203
607 W Ormsby Ave, Louisville, KY 40203
607 W Ormsby Ave, Louisville, KY 40203
607 W Ormsby Ave, Louisville, KY 40203
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$ 975,000
Est. payment | /mo

6 Beds

9 Baths

6,552 SqFt


Save
$ 975,000
Est. payment | /mo
Save

6 Beds

9 Baths

6,552 SqFt

Key Details

Property Type Multi-Family

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 6,552 sqft

Price per Sqft $148

Subdivision Old Louisville

MLS Listing ID 1717758

Style Traditional

Bedrooms 6

HOA Y/N No

Abv Grd Liv Area 6,152

Year Built 1915

Property Sub-Type Apartment

Source APEX MLS (Greater Louisville Association of REALTORS®)

Land Area 6152

Property Description

This is another one-of-a-kind Old Louisville investment properties that has been renovated from top to bottom by experienced professionals. This magnificent 1915 structure offers 9 renovated units with over 6500 Sq. Ft. of living space throughout. Units 1 - 8 are currently leased and bring in $7960 per month, unit 9 (lower-level unit) was just completed and should rent around $850-900. Secure entry to the building opens to the beautiful foyer with grand staircase and large landings on 2nd & 3rd floors filled with natural light. Each unit offers wonderful kitchens and baths, refinished & new flooring, updated electrical, plumbing. The façade is unique with its glass block windows. This great Old Louisville location has a huge parking lot with approximately 20 spaces that could offer more income by renting to surrounding neighbors. Metro Louisville trash, recycling & yard waste are included in the property taxes. You have got to see this incredible turnkey property. Photos of units were taken prior to tenants moving in. Average water/sewer runs around $200 per month and LG&E averages around $650. One could easily start using the Ratio Utility Billing System when renewing leases to help cover the utility expenses.

Location

State KY

County Jefferson

Direction I-65 - exit St. Catherine - left on 6th Street - right on Ormsby to property. Optional route during construction will be I-64 exit 9th St. North, exit 9th St. on Oak St., left on 7th and left on Ormsby property will be on North side between 6th & 7th Streets.

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Exterior

Exterior Feature None

View Y/N No

Roof Type Asphalt

Porch Porch

Garage No

Building

Lot Description Sidewalk

Sewer Public Sewer

Water Public

Architectural Style Traditional

Structure Type Concrete,Brick,Stone,Stucco

Greater Louisville MLS (Metro Search Inc)
Listed by RE/MAX Results

Nearby Locations

Feysal Saidi

"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

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607 W Ormsby Ave