Residential Income in Louisville

$1,300,000

1905 Bardstown, 40205, Louisville, KY

Residential Income for sale in Louisville, 1905 Bardstown, 40205, 5102 m²

1905 Bardstown, 40205, Louisville, KY

$1,300,000

1Bath
5102
Type: Residential Income

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.

Agent Information

Location

1905 Bardstown, 40205, Louisville, KY

Data

Object TypeResidential Income
Purchase Price$1,300,000
Living Space5102 m²
Plot Size71.3 m²
Bathrooms1
Construction Year1920
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeElectric
Primary Energy SourceN/A
Construction Year1920
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

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