1468 S 4th St

This circa 1890 Old Louisville Show Stopper is located on the 1400 Block of S. 4th St. is a must see for investors, parents with college students or just neighborhood lovers. This property with incredible architecture offers 6 beautiful apartments under one roof that have been completely updated, renovated and modernized. All the units are extremely nice and offer renovated kitchens & baths. 2 units are on yearly leases (#3 & #5) while the other 4 units are furnished and used as mid-term rentals for traveling healthcare professionals & corporate employees. Total monthly rental income is currently $8610 per month and is fully rented. The 4 midterm rentals are all furnished and decorated with beautiful furniture and French artwork. Each of these units is named after famous artists. #1 is the Gauguin, #2 is the Toulouse-Lautrec, #4 is the Chagall & #6 is the Matisse (furniture & artwork can be purchased outside the contract if desired). The original foyer and staircase boast gorgeous original lead and stained-glass windows. Tall ceilings, natural woodwork, original fireplace mantels reflect the era of this once single-family home. The current owners removed the basement apartment when they purchased and created a laundry room and secure storage areas for each of the other units. There is a delightful courtyard at the rear of the home offering outdoor space for the residents. Just a stone's throw away from Belgravia Ct., St. James Ct. & Olmstead's Central Park. Minutes to the downtown business district, hospitals, University of Louisville, Spaulding University, Simmons College and the Muhamad Ali International Airport. This building has a great rental history and is very easy to keep fully occupied. There are some great dining experiences close by as well.