NOT LISTED FOR SALE
12 Beds
11 Baths
6,750 Sq Ft
1920 Built

Last Sold March 23, 2018

Last sale price $805,000 $119 Per Sq Ft

20 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating and Cooling System
  • Atherton High School Rated A

About This Home

As of March 2018

EXTREMELY RARE OPPORTUNITY to purchase an all brick 10-Plex located in highly sought after Germantown. The property spans a full block at the corner of Ellison and Krieger (actual addresses are 1000 Ellison Ave and 1205-1215 Krieger St. Separate Meters (except water). 5 units with central air. 5 units with window/wall units. All units have gas furnaces. 3 new furnaces. 4 furnaces new in 2009. 5 New water heaters. Some replacement windows. Roof is approximately 6 years old per previous seller. All ranges/refrigerators and window/wall units are landlord owned . City garbage cans. 2017 owner expenses are as follows. Water $3,800. Taxes $4,797.44. Insurance $4,186. $7,115 gross monthly income with potential to raise rents to fair market value of $8,000 or so. Solid 8% current CAP rate.

Last Agent to Sell the Property

Shawn Owens

Beck Realty Group License #217950 Listed on: 01/10/2018

Last Buyer's Agent

Melissa Seelow

Semonin REALTORS License #220060

Semonin REALTORS

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1920

Home Design

  • 6,750 Sq Ft Home
  • Flat Roof Shape
  • Brick Exterior Construction

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Germantown Subdivision

Listing and Financial Details

  • Tenant pays for gas, electric, cable
  • The owner pays for water, sewer
  • Legal Lot and Block 0201 / 025J
  • Seller Concessions Not Offered

Property Details

Home Type

Apartment

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Cooling System: Central Air, Wall/Window Unit(s)
  • Lot Dimensions: 0
  • Property Sub Type: Apartment
  • Property Type: MultiFamily
  • Subdivision Name: GERMANTOWN
  • Above Grade Finished Sq Ft: 6750.0
  • Architectural Style: Other
  • ResoBuildingAreaSource: Appraiser
  • Utilities Electricity Connected: Yes
  • Cooling Central Air: Yes
  • Utilities City Sewer: Yes
  • Special Features: VirtualTour

Exterior Features

  • Roof: Flat
  • Construction Type: Brick
  • Exterior Features: See Remarks
  • Construction:Brick3: Yes
  • ConstructionSiding:Roof Flat: Yes

Utilities

  • Utilities: City Sewer, City Water, Electricity Connected, Fuel:Natural
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • HeatingYN: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 0

Rental Info

  • Owner Pays: Water, Sewer
  • Tenant Pays: See Remarks, Gas, Electric, Cable

Building Info

  • Year Built: 1920

Multi Family

  • Number Of Units Total: 10

Tax Info

  • Tax Block: 025J
  • Tax Lot: 0201

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2018 03/23/18 Sold $805,000 -5.3% $119 / Sq Ft
01/22/2018 01/22/18 Pending -- -- --
01/02/2018 01/02/18 For Sale $849,999 +80.5% $126 / Sq Ft
06/11/2015 06/11/15 Sold $471,000 +3.5% $70 / Sq Ft
05/29/2015 05/29/15 Pending -- -- --
05/28/2015 05/28/15 For Sale $455,000 -- $67 / Sq Ft
Source: Metro Search (Greater Louisville Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro Search (Greater Louisville Association of REALTORS®)

MLS Number: 1492977

Metro Search (Greater Louisville Association of REALTORS®)