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1612 S Second St, Louisville, KY 40208

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For Sale

$399,000

3,000 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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

  • $133.00
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Charming Triplex in the Heart of Old Louisville 1: $1300/ month 2: $1200/ month 3: $600/ month Total $3,100/ month Welcome to this well maintained triplex, nestled in the heart of Historic ''Old Louisville''. This beautifully preserved property seamlessly blends modern updates with timeless charm, making it a standout investment or primary opportunity. Property Overview: Address: 1612 S. Second St. Type: Triplex Units: 3 Total Bedrooms/Bathrooms: 5 Bedrooms, 3 Full Bathrooms Recent Renovation: Remodeled in 2011/12 New Roof: Installed in August 2023 First Floor Unit: NEW HVAC UNIT 2024 Bedrooms: 2 Bathrooms: 1 Status: Currently vacant, ready for new renters Market Rent: $1,300 - $1,400/month Second Floor Unit: Bedrooms: 2 Bathrooms: 1 Status: Current Bedrooms: 1 Bathrooms: 1 Status: Currently occupied Market Rent: $1,000/month Property Highlights: Occupancy Rate: Seller has had over 90% occupancy over the years of ownership. Pet Policy: No pets allowed, ensuring a clean and quiet environment Parking: Each unit has its own parking spot in the back for privacy and easy access Recent Upgrades: Brand new roof (08/2023) New furnace and water heater Fresh paint in Units 1 and 2 New carpet in the third unit bedroom (only carpet in the property, the rest is hardwood and tile) Step inside and experience the best of both worlds with this triplex: the nostalgic charm of Old Louisville's architecture combined with modern conveniences and updates. Each unit offers spacious living areas, ample natural light, and a warm, inviting atmosphere that tenants will love. This property is perfect for investors seeking a well-maintained, high-occupancy rental property, or for homeowners looking to live in one unit while renting out the others. Don't miss this unique opportunity to own a piece of Old Louisville history with solid, long-term rental potential.
MLS# 1663119

Courtesy Of Covenant Realty LLC

(502) 727-9784

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Deck
  • Architecture Style
    Other
  • Exterior Type
    Brick

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Directions to 1612 S Second St, Louisville, KY 40208

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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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