513 M St, Louisville, KY 40208

$140,000 Asking Price

3 beds
1 bath
1,640  sqft
Built in 1910

Great investment opportunity! Perfectly situated near Churchill Downs, and U of L. This home was fully renovated a few years ago. Listed as a 3 bedroom, adding a closet to one room could easily turn this into a conforming 4-bedroom home. Long term tenants in place that want to stay. Current rental income is $1322 per month, and tenant pays all utilities! A rate increase is due with new lease before the new year. This well-maintained rental will be a cash flow property for many years to come.


Features & Amenities

Interior

Basement:
Cellar
A/C:
true, Central Air
Heating:
true, Forced Air, Natural Gas
Fireplace:
Fireplaces: 0

Exterior

General:
Porch
Parking:
Off-Street Parking, Entry Rear

Construction

Roofing:
Shingle
General:
Wood Frame, Brick, Vinyl Siding, 2, Concrete Blk

Location

HOA Amenities:
0.0
Originating MLS:
Metro Search (Greater Louisville Association of REALTORS®)
School District:
Jefferson
County:
Jefferson

Lot

Zoning:
050F01220000
Fencing:
Chain Link

Utilities

Utilities:
Electricity Connected, Fuel:Natural, Public Water

Financial

Source:
Metro Search (Greater Louisville Association of REALTORS®)

This listing courtesy of:
Totally About Houses

About Louisville, KY

Housing

Number of Units
351,031
Median Home Value
$209,186
Median Rent
$763

38.97% of housing units are renter occupied.

8.02% are vacant.

Commute

Car
70.02%
Public Transportation
2.15%
Walk to Work
1.43%
Work from Home
24.92%
Other
1.23%

The median travel time to work is 19 minutes.

People

Population
767,512
Median Age
38.80
Median Household Size
2.55

Education

High School
26.85%
Associate’s Degree
8.35%
Bachelor’s Degree
20.68%
Graduate Degree
13.22%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

Similar Homes

Message

Interested in this home?

Request more information: