Homes for sale - 2411 S Shelby St, Louisville, KY 40217

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Cody Hellard

cody@codyhellardgroup.com +1(502) 428-9847

$ 216,900

Est. payment | -/mo

2,396 SqFt

Save

$ 216,900

Est. payment | -/mo

Save

2,396 SqFt

Key Details

Property Type Multi-Family

Sub Type Apartment

Listing Status Pending

Purchase Type For Sale

Square Footage 2,396 sqft

Price per Sqft $90

MLS Listing ID 1669826

Style Bungalow

HOA Y/N No

Abv Grd Liv Area 1,536

Originating Board Metro Search (Greater Louisville Association of REALTORS®)

Year Built 1922

Lot Size 3,920 Sqft

Acres 0.09

Property Description

Welcome to 2411 S. Shelby Street. This 5-plex apartment building presents an excellent investment opportunity. Convenient to UofL, downtown Louisville, Audubon Park, Germantown, and the Highlands, potential tenants will love the central location. This property is zoned C-1 and has endless possibilities for end use. You could keep the current apartment layout as-is (5 one bedroom, one bath units), and potentially renting units 1, 2, and 5 to high paying Section 8 tenants and enjoying a cash-cow. You could live in one of the units and rent out the others to house hack. Or convert the main floor to a short-term rental or storefront space while keeping three one bedroom apartments above and below. The roof, siding, windows, and storm windows are all updated. New kitchen cabinets for all 5 units (not yet installed) are included and convey with the property. All 5 units have separate electric meters while the gas and water are each on one shared meter. The whole building is serviced by one HVAC system and one water heater, saving potential headaches and costs from multiple systems. This property is being sold "as-is."

Location

State KY

County Jefferson

Direction I-264 (Watterson Expressway) to Exit 11. Go North on Preston Highway. Continue Straight on S. Shelby Street at split with S. Preston Street. Building will be on the right in between Clarks Lane and Minoma Avenue.

Interior

Heating Forced Air, Natural Gas

Cooling Central Air, Wall/Window Unit(s)

Exterior

View Y/N No

Roof Type Shingle

Porch Porch

Garage No

Building

Lot Description Sidewalk

Sewer Public Sewer

Water Public

Architectural Style Bungalow

Structure Type Vinyl Siding,Wood Frame

Greater Louisville MLS (Metro Search Inc)

Listed by May Team REALTORS

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(502) 428-9847

cody@codyhellardgroup.com

2303 Hurstbourne Village Drive, Suite 300, Louisville, KY, 40299, United States

2411 S Shelby St Louisville, KY 40217