2505 Magazine St, Louisville, KY 40211 | MLS# 1669678

$ 95,000
2505 Magazine St, Louisville, KY 40211, ,
Active

Overview

  • Updated On:
  • September 5, 2024
  • 3 Bedrooms
  • 1 Bathrooms
  • 1,010 ft2

Description

Prime Investment Opportunity – 2505 Magazine St | 3BD/1BA | Over 1,000 Sq Ft

This 3-bedroom, 1-bath home offers over 1,000 sq ft of living space and is an ideal investment for those looking to maximize rental income. Located in a rapidly growing area, this property has strong potential for Section 8 tenants, with fair market rent significantly above the 1% rule for similar homes. Priced to sell at just $95,000, this is an excellent opportunity to secure a high-performing asset with strong cash flow.

Key Features:

-Over 1,000 sq ft of well-maintained living space
-Section 8 potential with fair market rents offering excellent income opportunities
-Easily meets the 1% rule, ensuring a solid return on investment
-Priced competitively at $95,000, making it an attractive option for investors

Whether you’re an investor looking to expand your portfolio or a buyer searching for an affordable property with great growth potential, this home offers everything you need. Act fastthis opportunity won’t be on the market for long!

Address: 2505 Magazine St, Louisville, KY 40211
Area:
State/County:
Zip: 40211
Country: United States
Open In Google Maps
Property Id : 2833544
Price: $ 95,000
Property Size: 1,010 ft2
Property Lot Size: 0 ft2
Rooms: 7
Bedrooms: 3
Bathrooms: 1
BathroomsFull: 1
InternetConsumerCommentYN: 1
TaxLot: -
AboveGradeFinishedArea: 1010
BuildingAreaSource: Other
InternetAutomatedValuationDisplayYN: 1
FoundationDetails: Crawl Space
BelowGradeFinishedArea: 0
Fencing: Partial
StreetNumberNumeric: 2505
Roof: Shingle
ConstructionMaterials: Wood Frame,Vinyl Siding
ListAgentFullName: Desmond Martin
InternetAddressDisplayYN: 1
ListAgentMobilePhone: 502-553-3296
OnMarketDate: 2024-09-04
BathroomsHalf: 0
InternetEntireListingDisplayYN: 1
ListOfficeKey: 20220909202011346259000000
ListAgentLastName: Martin
FireplacesTotal: 0
StatusChangeTimestamp: 2024-09-04T22:37:57Z
ListAgentFirstName: Desmond
MajorChangeType: New Listing
LotSizeUnits: Acres
DocumentsCount: 0
LotSizeSquareFeet: 3484.8
ListingId: 1669678
YearBuilt: 1997
SourceSystemName: Metro Search (Greater Louisville Association of REALTORS®)
SourceSystemKey: 20240904172144387519000000
Basement: None
StateOrProvince: KY
ListOfficeName: Martin Elite Realty Company
OriginatingSystemKey: 20240904172144387519000000
VideosCount: 0
PhotosCount: 1
PhotosChangeTimestamp: 2024-09-04T22:37:58Z
BuildingAreaTotal: 1010
Stories: 1
OriginatingSystemName: Metro Search (Greater Louisville Association of REALTORS®)
Utilities: Public Water
OriginalListPrice: 95000
ListingContractDate: 2024-09-04
StreetSuffix: St
OriginatingSystemID: M00000290
StreetNumber: 2505
StreetName: Magazine
ListAgentEmail: martineliterealty@gmail.com
ModificationTimestamp: 2024-09-04T22:47:37Z
ListOfficeMlsId: 26042
MlsStatus: Active
TaxBlock: -
LotSizeArea: 0.08
SourceSystemID: M00000290
ParcelNumber: 001B00260000
ListAgentMlsId: 26042
ParkingFeatures: Off-Street Parking,Entry Rear,Driveway
AssociationFee: 0
MajorChangeTimestamp: 2024-09-04T22:37:58Z
Directions: Jefferson to left on 22nd; right on Magazine
MLSAreaMajor: 01-Dtwn Old Louisville/Shively/West Lou
LivingAreaSource: Other
MLSAreaMinor: 01-Dtwn Old Louisville/Shively/West Lou
$ 487.08
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 368.33
Mon 16 Sep
Tue 17 Sep
Wed 18 Sep
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