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1257 Lydia St, Louisville, KY 40217

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For Sale

$390,000

1,994 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $195.59
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Don't miss out on this rare opportunity to own a mixed-use duplex in the thriving Schnitzelburg neighborhood! Located just minutes from some of the city's best bars, restaurants, and parks, this property offers both incredible flexibility and an unbeatable location. Whether you're looking for a multi-family property, a commercial space, or a blend of both, this property's OR1 zoning and unique layout make it a standout investment. The OR1 zoning allows for a range of possibilities, from long - OR - short-term residential rentals to commercial office space. You can choose to keep both units as residential rentals or convert the downstairs unit back into a commercial space. The downstairs has previously housed a grocery store, hair salon, and various office spaces, making it perfect for someone looking to bring a new business into the area. The upstairs unit is ideal for residential living, providing privacy, charm, and access to a shared backyard. Both units have separate entrances and utility meters, offering maximum flexibility for tenants and Owners. Its versatility gives you the freedom to create a space that works best for your needs. A small fenced backyard offers outdoor space for tenants, while a walk-up basement provides additional storage or the potential for future expansion. Steeped in history, this property has served the Schnitzelburg community for decades. Whether you continue its residential legacy or transform it into a commercial hub, this property gives you the chance to own a piece of Schnitzelburg's past while shaping its future. This duplex is perfectly positioned to take full advantage of Schnitzelburg's vibrant atmosphere - it's less than 5 minutes from the area's top spots like Monnik, The Merryweather, Hauck's, & Logan Street Market. Whether you are seeking potential tenants or looking for a future business venture, the walkability and charm of this neighborhood make it an ideal location. Come have a look for yourself and take a walk through a slice of history!
MLS# 1669907

Courtesy Of Family Realty LLC

(502) 458-4100

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock, Porch
  • Architecture Style
    Other
  • Exterior Type
    Vinyl Siding
  • Lot Size
    0.06 Acres

Map and Directions

Directions to 1257 Lydia St, Louisville, KY 40217

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
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  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2024 Greater Louisville Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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