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Colby Bentley

colby@colbybentley.com +1(502) 681-3572

$ 1,300,000

Est. payment | -/mo

1 Bath

5,102 SqFt

Save

$ 1,300,000

Est. payment | -/mo

Save

1 Bath

5,102 SqFt

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 5,102 sqft

Price per Sqft $254

Subdivision Kenilworth

MLS Listing ID 1728619

Style Open Plan

HOA Y/N No

Abv Grd Liv Area 5,102

Year Built 1920

Lot Size 871 Sqft

Acres 0.02

Property Sub-Type Triplex

Source APEX MLS (Greater Louisville Association of REALTORS®)

Land Area 5102

Property Description

A rare opportunity to acquire a premier mixed-use property in the heart of Louisville's highly coveted Highlands neighborhood. 1905 Bardstown Road offers the ultimate "Live, Work, and Earn" scenario, making it the perfect acquisition for a beauty/wellness entrepreneur or a savvy investor seeking a value-add asset in a high-barrier-to-entry market. Featuring a turnkey, second-generation salon and med-spa on the ground floor, plus three residential apartments above, this property provides immediate in-place income with significant upside potential. The "Live-Work-Earn" Advantage With the commercial space and two of the three apartments currently vacant, this building is uniquely positioned for an owner-user. A business owner can immediately launch their salon or med-spa on the main level, live rent-free in one of the vacant upstairs apartments, and use the rental income from the two additional units (one already tenant-occupied) to aggressively offset their commercial mortgage. Highly favorable SBA financing may be available for qualified owner-users! Situated on the dynamic Bardstown Road corridor, the property is surrounded by Louisville's best local dining, boutique shopping, coffee shops, and nightlife. This exceptional foot-traffic location provides a built-in customer base for the ground-floor business and makes the residential units incredibly easy to lease.

Location

State KY

County Jefferson

Direction Taylorsville Rd. to Bardstown Rd. Turn right onto Bardstown Rd. Building on right.

Interior

Heating Electric

Cooling Central Air

Exterior

Exterior Feature Balcony

View Y/N No

Roof Type Shingle

Porch Deck, Porch

Garage No

Building

Lot Description Sidewalk

Building Description Other, Laundry Facility,Pets Allowed

Sewer Public Sewer

Water Public

Architectural Style Open Plan

Structure Type Other

Greater Louisville MLS (Metro Search Inc)

Listed by EXP Realty LLC

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(502) 681-3572

colby@colbybentley.com

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1905 Bardstown Rd #2 Louisville, KY 40205