523 W Hill St,
Back on market w/full tear off and new roof, plumbing, electrical updates, 1 new hot water heater, termite treated and damage repaired. Great tri-plex in heart of Old Louisville backing up to Belgravia Court just off St. James Court. Current rents are drawing $1400 per month (far below market value due to long term tenants), but with some cosmetic updating & sprucing up it should easily generate $2000+ per month with its location. Two one-bedroom units (one w/additional sitting room that could become a huge walk-in closet which tenants would love) and one 2-bedroom unit. The property is separate metered for gas and electric, has separate HVAC systems & hot water heaters. There is a privacy fenced rear yard that could be improved to create great outdoor living space for the tenants or owner occupants alike.Investors and owner occupants need to see this great property.The owner occupant could live here and have their entire mortgage payment made by the additional 2 units.Incredible potential in an awesome location. Mostly single-family homes on this block.Come check this property out and make it your home or add to your rental portfolio for secure income.