Rooming House - Zoned R-7

Multi-Family for Sale
Catylist Listing ID: 30799775
Property Subtypes: Duplex/Fourplex
Number of Units: See Agent
Building Size (RSF): 4,667 SF
Gross Building Area: See Agent
Sale Price: $225,000
Property Use Type: Investment
Sale Terms: Cash to Seller
Last Updated: 6/29/2022

Overview / Comments

Wonderful opportunity to purchase an income producing rooming house. Occupied, do not disturb tenants. This properly is wonderfully located DIRECTLY ACROSS FROM THE STABLE GATE ENTRANCE FROM CHURCHILL DOWNS. This trip-plex is in need of some rehab, but affords someone a wonderful opportunity to create traditional rental units, or continue the use that has been in place for decades. The first floor unit offers a wonderful opportunity for owner occupant, or you could consider having the current manager on site continue services. The first floor unit features living room, two bedrooms, spacious kitchen with dining area, and access to the enclosed front porch. The second floor features four bedrooms and a bath. The third floor features two bedrooms, a bath, and additional storage/closet areas. There is an efficiency unit accessible from the rear stairs that is currently on a month-to-month lease with full bath and kitchenette. The basement features five rooms (used for sleeping), bathroom, and minimal kitchen area. Please remember this has been used as a rooming house and the rooms mentioned on many of these levels, with the exception of the first floor and efficiency, are on a daily or weekly rate. The property also features a two car detached garage. For all other questions, including income potential, please contact the listing agents.

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Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 051E00330000
Zoning: R-7 - Residential Multi-Family District
Number of Stories: 3
Year Built: 1900
Construction/Siding: Aluminum Siding, Wood Frame
Fuel: Gas
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,567 134,366 309,011
Median Age: 34.86 35.74 36.76
Households: 6,502 57,968 132,285

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