Louisville, KY 40211,2505 Magazine St
Louisville, KY 40211,2505 Magazine St
Louisville, KY 40211,2505 Magazine St
Louisville, KY 40211,2505 Magazine St
Louisville, KY 40211,2505 Magazine St
Louisville, KY 40211,2505 Magazine St
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$93,000

$94,999

2.1%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

3 Beds

1 Bath

1,010 SqFt


SOLD DATE : 11/01/2024

Key Details

Sold Price $93,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 1,010 sqft

Price per Sqft $92

MLS Listing ID 1669678

Sold Date 11/01/24

Bedrooms 3

Full Baths 1

HOA Y/N No

Abv Grd Liv Area 1,010

Originating Board Metro Search (Greater Louisville Association of REALTORS®)

Year Built 1997

Lot Size 3,484 Sqft

Acres 0.08

Property 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!

Location

State KY

County Jefferson

Direction Jefferson to left on 22nd; right on Magazine

Rooms

Basement None

Interior

Fireplace No

Exterior

Garage Off-Street Parking, Entry Rear, Driveway

Fence Partial

View Y/N No

Roof Type Shingle

Garage No

Building

Story 1

Foundation Crawl Space

Structure Type Wood Frame,Vinyl Siding

Schools

School District Jefferson

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Greater Louisville MLS (Metro Search Inc)
Listed by Martin Elite Realty Company
agent-avatar

+1(502) 794-6222

tirza@thehowardrealtyco.com

101 N 7th St, Louisville, KY, 40202, Unite States

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