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2615 Virginia Ave, Louisville, KY 40211

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For Sale

$198,000

5,940 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Apartment
    Property type

  • $33.33
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Great all brick value-add property with massive potential. All 6-plex units are 2 bed 1 bath with 2 units on each level. Only 1 unit currently is considered livable but still needs some renovations. Remaining 5 units are at different stages of renovation and need various levels of work to complete. The renovations that have been done to this point were not completed by the current owner. Visually there appears to be newer plumbing and electrical. Separate L,G & E meters and water heaters. Some windows may need replacement. Basement is framed for the potential of adding 1 or 2 more efficiency or one bedroom apartments. All of the remaining building materials in the basement to stay with the property. Market value rent is $800-$850 per unit depending on renovations completed. No utilities are on at property. Property sold AS IS with absolutely no warranties expressed written or implied. Buyer to verify any and all information or lack of information including but not limited to square footage, lot size, utilities, foundations, environmental concerns, zoning and intended uses, etc.
MLS# 1654478

Courtesy Of Dream J.P. Pirtle realtors

(502) 458-2722

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Porch
  • Architecture Style
    Other
  • Cooling System
    Central A/C
  • Exterior Type
    Brick
  • Roof Type
    Composition Shingle

Map and Directions

Directions to 2615 Virginia Ave, Louisville, KY 40211

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • 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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