1013 S 3rd St Save Request In-Person Tour Request Virtual Tour
Louisville,KY 40203
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 4,984 sqft
Price per Sqft $89
Subdivision Old Louisville
MLS Listing ID 1686617
Style Traditional
Bedrooms 4
Full Baths 5
HOA Y/N No
Abv Grd Liv Area 3,558
Year Built 1904
Lot Size 9,147 Sqft
Acres 0.21
Property Sub-Type Single Family Residence
Source Metro Search (Greater Louisville Association of REALTORS®)
Property Description
Awesome, vintage Old Louisville home w/ INCOME! $5,975 / Mo (avg)* projected income, fully-rented. Long history of owner-occupancy, on grand, tree-lined S.3rd St, blocks from Downtown, U of L or Spalding. The ''Hartwell House.'' Used as 4 fully-furnished, 1 BR/ 1 BA units (rented as 30 day+ / ''midterm'' rentals). Easy SFR conversion potential or House Hack, with neighbors contributing to your mortgage payment. Covered porch w/ relaxing swing enters to spacious common entry foyer. 1st Flr ''Owners'' unit'' w/ beautiful inlaid hardwood floors, pocket doors, built-in shelving, and updated kitchen w/ granite counters and center island. Additional (potentially Non-conforming) finished space in the basement w/ kitchenette w/ granite countertops, exposed beam ceiling,artist-painted floor ..pattern, very unique Bathroom and interior or exterior...
access- All Perfect space for artist's studio or workshop.Stylish private rear and side yard w/ patio and access to off-street parking in the rear off alley. As a Mid-term rental, the property has had strong rental returns and occupancy! *$$5,975/Mo projected rent avg is a mixture of actual / current and recent / past rental amounts-
Unit 1 avg /mo rent Betw 10/2024 - 2/2025 - $1,822 / Mo
( intentionally kept vacant 3/2025 onward to allow for owner-occupant Buyer)
Unit 2 IS rented til 6/30/2025 @ $1,420/ Mo
Unit 3 IS rented 5/19 - 7/3/2025 for $2,341 ( $1,560 / Mo)
Unit 4 IS rented 5/10-6/10/2025 @ $1212
and booked 6/10 - 9/1/2025 for $3,205 ($1,173/ Mo).
***Rents above have been obtained by Seller. Buyer's future rental amounts not guaranteed beyond the dates shown above.*** Property Sold As Is w/ no repairs to be done by Seller. No warranties given or implied. A truly special property; best to hurry on this one!
Location
State KY
County Jefferson
Direction Eastern Pkwy to Right/North of S 3rd St. slight right (veer) onto S 2nd St. Left/West on W Breckenridge St. Left/South on S 3rd St. Property is past the W Kentucky on right/East side of street between W Kentucky and W saint Catherine.
Rooms
Basement Walk-Up Access,Finished,Outside Entry
Interior
Heating Forced Air
Cooling Central Air
Fireplaces Number 4
Fireplace Yes
Exterior
Parking Features Off Street,Entry Rear,See Remarks
Fence Split Rail,Chain Link
View Y/N No
Roof Type Shingle
Porch Patio,Porch
Garage No
Building
Lot Description Sidewalk,Level
Story 3
Sewer Public Sewer
Water Public
Architectural Style Traditional
Structure Type Brick