Address
504 W Ormsby Ave, Louisville, KY
Price
$ 450,000
Property Attributes
- MLS#1633992
- TypeMulti-Family
- CountyJEFFERSON
- CityLouisville
- AreaDtwn Old Louisville-Shively-West Lou
- Zip40203
- StyleApartment
- Price$ 450,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage4714
Data Source:
Greater Louisville Association of REALTORS® (GRLAR)
Property Description
This beautiful 4717 Sq. Ft. Victorian is situated on West Ormsby Ave. between 4th & 6th Streets inHistoric Old Louisville and offers 7 rental units with a gross monthly income of $4,684. There is one 2-bedroom, two 1-bedrooms, one efficiency apartment and three studio apartments (2 of which have loftareas). Lots of Old-World charm and character throughout the building including natural woodwork,original staircase, fireplace mantles, leaded and stained-glass windows and door. The roof wascompletely torn off and replaced in 2021. There are 2 gas furnaces with central air systems (both 2012Tempstar brand) and 2 gas hot water heaters. The HVAC units heat and cool the 1st & 2nd floor unitsand the 3rd floor units are heated with gas space heaters and cooled with window AC units. There is a complementary full-size washer & dryer in the 1700 Sq. Ft. basement for all tenants use which could also provide storage. A large yard with off street parking for 4-6 cars is accessed off the rear alley. One of the 3rd floor units has a newer deck off the rear. Per LOJIC maps the lot is approximately 45' X 225'. Lease terms vary, please see the attached rent roll for more details on rents and security deposits. The monthly average for water/sewer is $285 and the average LG&E runs approximately $800 per month. The property was appraised by Bell Ferris, Inc. in January 2023 for the list price of $465,000.
| Price History | |
|---|---|
| 4/10/2023 | Listed $465,000 |
| 5/4/2023 | 4% - $450,000 |
General Features
| Age | 118.00 |
|---|---|
| Area | 01-Dtwn Old Louisville/Shively/West Lou |
| Block | 032D |
| Construction | Brick, Frame - Wood, Stone |
| Owner Pays | Electric, Gas, Sewer, Water |
| Property Type | B |
| Public Remarks | This beautiful 4717 Sq. Ft. Victorian is situated on West Ormsby Ave. between 4th & 6th Streets inHistoric Old Louisville and offers 7 rental units with a gross monthly income of $4, 684. There is one |
| Roof | Asphalt |
| Security Deposit | n/a |
| Status | Active |
| Sub Type | Apartment |
| Tenant Pays | Cable, Electric, Gas |
| Term/Lease | varies |
| Utilities | City Sewer, City Water, Electricity Connected, Fuel:Natural |
| Year Built | 1905 |
Interior Features
| Above Grade Finished | 4714.00 |
|---|---|
| Below Grade Finished | 0.00 |
| Total Units | 7.0000 |
Exterior Features
| Disclosure | No |
|---|---|
| 3rd Level: Range | 2 |
| Covered Parking | No |
| Exterior | Deck, Porch |
| Lot | 0023 |
| Lot Description | Sidewalk |
| Number of Parking Spaces | 6.0 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 40203
Price
Visits
Year Built
Walkscore
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Metro Search, Inc. Real estate listings held by brokerage firms other than RE/MAX 100 are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about each listing includes the name of the listing broker.
© 2023 Metro Search, Inc.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than RE/MAX 100 are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective
