1240 S 1st St

Awesome Old Louisville 5-unit building with Mid-term rentals located on South First St. Stunning and remarkable renovation that offers 5 Derby themed furnished spaces and is currently bringing in $7,995 per month in rents. 4 one-bedroom units and one spacious 2-bedroom unit. Each unit offers an all-in-one washer/dryer unit for resident convenience. Each unit has fully equipped kitchens (pots, pans, cutlery, dishware, etc.) with stoves, dishwashers, microwaves & refrigerators and all small kitchen appliances. All furniture, bedding, linens, towels, etc.) will remain. Lots of original oak hardwood flooring, original fireplace mantels, some claw foot tubs, all bedrooms have black out blinds in them. Most of the residents are traveling nurses who generally stay for 3 - 6 months. The building went through a full restoration/renovation in 2023 that included updating electrical, plumbing, 5 HVAC systems, new hanging gutters, downspouts & box gutters reworked. All kitchens and baths were thoughtfully renovated at this time as well. Each unit is separately metered for gas & electric (however the current owners pay all utilities and internet as a convenience to the residents). Parking is not an issue here, the 35' X 200' lot provides parking for up to 8 vehicles. Water, sewer, gas and electric average around $1060 per month. The owners also provide Internet access to all units, which is $115 per month.

6
beds

5
baths

4,958 Sq.Ft. LIVING AREA

6,970 Sq.Ft. lot

Michael Mawood

title REALTOR®
PHONE (502) 445-6914
EMAIL [email protected]
DRE # 189931

Features & Amenities

Interior

total bedrooms6
Total bathrooms5

Area & Lot

Status For Sale
Living Area4,958 Sq.Ft.
Total Area4,958 Sq.Ft.
Lot Area6,970 Sq.Ft.
MLS® ID1727957
TypeOther
YEAR BUILT1897
NeighborhoodOld Louisville
Architecture StylesTraditional

Exterior

water SourcePublic
utilitiesElectricity Connected, Fuel:Natural
roofAsphalt, Shingle
lot featuresSidewalk
HEAT TYPEForced Air, Natural Gas
AIR CONDITIONINGCentral Air
other exterior FeaturesNone

Financial

Sales Price$700,000

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1240 S 1st St

$700,000

Michael Mawood

Features & Amenities

Interior

Area & Lot

Exterior

Financial

Schedule a Showing

Schedule a Showing

Mortgage Calculator

Old Louisville

Work With Michael

Follow Me on Instagram

Leave a Message

Thank you for your message. I will be in touch with you shortly.

1240 S 1st St

$700,000

Michael Mawood

Features & Amenities

Interior

Area & Lot

Exterior

Financial

Schedule a Showing

Schedule a Showing

Mortgage Calculator

Old Louisville

Work With Michael

Follow Me on Instagram

Contact Details

Michael Mawood

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