425 E Oak St Louisville, KY 40203
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,380 sqft
Price per Sqft $235
Subdivision Shelby Park
MLS Listing ID 1698177
Style Bungalow
Bedrooms 4
Full Baths 1
HOA Y/N No
Abv Grd Liv Area 1,380
Year Built 1903
Lot Size 3,484 Sqft
Acres 0.08
Property Sub-Type Single Family Residence
Source APEX MLS (Greater Louisville Association of REALTORS®)
Land Area 1380
Property Description
Inside, all of the stylish furnishings remain, making this a seamless transition for any investor. With the ability to sleep up to 10 guests, the home boasts a solid NOI with an impressive 8% cap rate today and even stronger projected returns ahead. Opportunities for upside are abundant: an additional bathroom could easily be added, and converting the detached garage into a game room would further increase ADR and occupancy.
This property combines location, performance, and potentialmaking it the ideal investment for any buyer looking to add a profitable short-term rental to their portfolio.
Location
State KY
County Jefferson
Direction From 65 S, Take exit 135 toward St. Catherine St. W. Turn right onto E. St. Catherine St. Left onto S. 1st St. 0.2 miles Turn left onto E. Oak St. 0.4 miles.
Rooms
Basement Unfinished
Interior
Heating Forced Air, Natural Gas
Cooling Wall/Window Unit(s), Central Air
Fireplaces Number 1
Fireplace Yes
Exterior
Parking Features On Street, Off Street, Detached
Garage Spaces 1.0
Fence Wood
View Y/N No
Roof Type Shingle
Porch Porch
Garage Yes
Building
Lot Description Sidewalk
Story 1
Foundation Poured Concrete
Sewer Public Sewer
Water Public
Architectural Style Bungalow
Structure Type Wood Frame,Aluminum Siding
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