1273 S Preston St, Louisville, KY 40203 | MLS# 1701340

Description

Stop scrolling—this is a money maker! This rare OR-2 zoned duplex offers unmatched flexibility and is ideal for long/mid/short-term rentals, student housing, or a savvy buyer ready to house hack. Located just minutes from popular Germantown, UofL, I-65, downtown hospitals and the convention center, you’ll benefit from a neighborhood experiencing a rebirth thanks to new construction and renovation projects happening on all sides. Each level features a 2-Bed, 1-Bath unit (~1,250 SF each) with Granite Countertops, Contemporary Cabinetry, Laundry Hookups, and Separate Utility Meters. Major updates are already completed include: a Newer Roof, HVAC, Water Heaters (all ~3 years old), Replacement Windows, and Updated Siding. Unit 1 currently rents for $1,200/mo on a M2M lease, while Unit 2 is market-ready with rent potential of $1,250/mo+; or $1,500 – $3,000/mo+ as a mid-term or short-term rental. An unfinished third-floor attic provides additional storage or expansion potential, and rear off-street parking adds convenience. Between the zoning flexibility, location, updates, and income upside, this one won’t lastmake your next smart investment today!