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1157 S 1st St - Unit #3
Louisville, KY 40203

$133,500

20% Min Down
2 Beds
1 Bath
1,018 Sqft
$131 / Sqft
Listed Feb 6th, 2021, Built in 1880
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Common Charges
$100
Property Taxes
$0
Mortgage
$495
Total Monthly Payment
$595
Est. Rental Income
$1,250
Cap Rate
10.34%
HopScore Analysis
HopScore Market Price:
$134,835
Difference from Asking Price:
$1,335
Closest Comparable:
None Found
Description
Magnolia Place Condominiums was built circa 1898 and is located in Historic Old Louisville minutes from U of L, hospitals downtown, and the Kentucky Derby. Quick and easy access to I-65. This is a 2-bedroom, 1 bath condo with in-unit laundry and off-street parking. Entrance features wrought iron fencing leading to a brick pathway to the shared front porch. 10' front door beckons you to the foyer with over a 12' tall ceiling. Laundry area is located in a nook in the foyer. The grand staircase boasts a mahogany railing. Galley kitchen with all appliances to stay. All furnishings are negotiable. Newer carpeting on the staircase and 2nd floor hallway. Additional insulation added for comfort. Abundance of natural light on 2nd floor. Note the sidewalk to the rear of the building for your private off-street parking. Investors please note that this property has a Conditional Use Permit(CUP) for short term occupancy.

The manager has listed the unit size as 1018 square feet.
Features & Amenities
Fireplace
Central A/C
Exterior: Brick
Listed By
Damon R Ohnheiser
(502) 599-1237
United Real Estate Louisville
Price History
Date Event Price Source
2021-02-22 Price Drop $133,500 Listing Records
2021-02-19 Price Drop $138,200 Listing Records
2021-02-06 Listed $138,500 Listing Records
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Nearby Schools

(within attendance boundary)
Engelhard Elementary  •  0.22 mi
1004 S First St, Louisville, KY 40203
Public  •  Elementary  •  Grades KG to 5
Jefferson County School District
Meyzeek Middle  •  0.65 mi
828 South Jackson Street, Louisville, KY 40203
Public  •  Middle School  •  Grades 6 to 8
Jefferson County School District
Iroquois High  •  4.42 mi
4615 Taylor Boulevard, Louisville, KY 40215
Public  •  High School  •  Grades 9 to 12
Jefferson County School District
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.
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Comparable Apartments for Rent
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