Crescent Hill Triplex

Multi-Family for Sale
Catylist Listing ID: 30837118
Property Subtypes: Duplex/Fourplex
Number of Units: 3 Units
Building Size (RSF): 5,590 SF
Sale Price: $895,000
Unit Price: $298,333.33 Per Unit
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/17/2023

Overview / Comments

Beautiful Victorian home in Crescent Hill with 3 large flats recently updated inside and outside. From the wraparound porch, 14' ceilings and private porch in the Heart of Crescent Hill this property is sure to please. This historic home is next door to the Crescent Hill Public Library and across from the Highlands Latin School. This property offers 3 separate units, all updated and ready for the residents of your choice. Live in one, lease out the other 2 units and let your tenants pay the mortgage. Beautiful hardwood floors in EVERY unit AND recently refinished. Unit 1 is over 1300 sq ft 2 bedrooms/ living room, side or front foyer entrance with estimated lease monthly $1900. Unit 2 has over 2200 sq ft, 3/4 bedrooms, living rm and parlor with massive eat-in kitchen.This 2 story unit has 1 full bath on each floor. Estimated lease $3,000 / month. Unit 3 is an attached cottage, over 1700 sq ft in size. 3 bedrooms / 2 full baths, large living room and separate dining room with an open kitchen. There is a bonus office space upstairs with plenty of room for storage. Unit 3 estimated monthly rent of $2,750. All 3 UNITS have 2 separate entrances! All 3 of these homes have upgraded kitchens, with hard surface countertops and stainless steel appliances plus their own entrances.

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Additional Details

Nearest MSA: Louisville/Jefferson County
County: Jefferson
Tax ID/APN: 071E00300000
Zoning: R-5A - Residential Multi-Family District
Percent Occupied: 0%
Property Located Between: Crescent Hill right off Frankfort Ave next to Crescent Hill Public Library
Property Condition: Excellent
Number of Stories: 3
Year Built: 1900
Year Renovated: 2023
Construction/Siding: Aluminum Siding, Wood Frame
Parking Ratio: 5 (per 1000 SF)
Total Parking Spaces: 5
Laundry: In Each Unit
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Fuel: Gas
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,621 112,613 292,724
Median Age: 39.02 40.07 38.87
Households: 7,709 52,979 131,509


Photograph of Listing Agent

David M Vincent

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