$140,000
3
Beds
1
Bath
1,640
SqFt
0.08
Acre Lot
3,484
Sqft Lot
Status
Active
Property Type
Single Family Residential
Year Built
1910
Neighborhood
None
Days on Website
35
Property Map
$140,000 – 513 M St, Louisville, KY 40208
Street View
Courtesy of Jason Gray, Totally About Houses.
Description
Great investment opportunity! Perfectly situated near Churchill Downs, and U of L. This home was fully renovated a few years ago. Listed as a 3 bedroom, adding a closet to one room could easily turn this into a conforming 4-bedroom home. Long term tenants in place that want to stay. Current rental income is $1322 per month, and tenant pays all utilities! A rate increase is due with new lease before the new year. This well-maintained rental will be a cash flow property for many years to come.
Property Details and Features
Basement
- Basement: “Cellar”
Bathrooms
- 1 full bathroom
- 1 total bathroom
Bedrooms
- 3 total bedrooms
Building
- Building Area Source: Other
- Building Area Total: 1,640
- Construction Materials: “Wood Frame”, “Brick”, “Vinyl Siding”
- Living Area: 1,640
- Year Built: 1910
- 2 stories
Cooling
- Cooling Included
- Cooling: “Central Air”
Exterior Features
- Features: “Porch”
Fence
- Fencing: “Chain Link”
Foundation
- Foundation Details: “Concrete Blk”
Heating
- Heating: “Forced Air”, “Natural Gas”
- Heating Included
Home Owner’s Association
- Association Fee: $0
Listing
- Listing Contract Date: 2024-09-13
- Listing Id: 1670436
- Mls Status: Active
- Modification Timestamp: 2024-09-24 17:23:48
- On Market Date: 2024-09-13
- Original List Price: $140,000
- Standard Status: Active
- Status Change Timestamp: 2024-09-13 14:48:34
Location
- City: Louisville
- State Or Province: KY
- County Or Parish: Jefferson
- Postal Code: 40208
- MLS Area Major: 01-Dtwn Old Louisville/Shively/West Lou
- MLS Area Minor: 01-Dtwn Old Louisville/Shively/West Lou
- Subdivision Name: NONE
Lot
- 0.08 acres
- Area: 0.08
- 3,485 square feet
Parking
- Features: “Off-Street Parking”, “Entry Rear”
Property
- Parcel Number: 050F01220000
- Property Sub Type: Single Family Residence
Roof
- Roof: “Shingle”
Additional Rooms
- Rooms Total: 9
Taxes
- Tax Lot: 0122
Utilities
- Utilities: “Electricity Connected”, “Fuel:Natural”, “Public Water”