1256 S 3rd St, Louisville, KY 40203 | MLS# 1715555

Description

This is an absolutely must see if you are looking for an amazing single-family mansion or to continue to use portions of the property for Airbnb with great income. Welcome home to this magnificent circa 1884 Second Empire Renaissance Revival mansion situated on a corner lot on Millionaires Row in Historic Old Louisville offering 6100+ Sq. Ft. of living space plus an additional 2400 Sq. Ft. in the unfinished basement with tons of storage or room for expansion. This incredible property also offers a fully renovated 1543 Sq Ft., 3-bedroom, 2 bath carriage house (325 W Ormsby Ave.). This property offers the use of both Commercial & Residential Zoning (which does not require special permits to operate Airbnb) was previously used as office space prior to purchase and renovations. Enter the spacious grand entry foyer with black and white marble flooring leading back to the center staircase. To the left of the foyer is the elegant formal living room with curved plaster crown molding, picture rail, a brass and crystal chandelier and gorgeous original fireplace mantel at the rear of the living room and foyer is the grand staircase sweeping us to the 3rd floor with a custom mural & skylight above to keep it light filled. Behind the staircase you will find the gorgeous banquet sized dining room and another sitting parlor. Beyond this area is a galley styled kitchen with breakfast bar which opens to a spacious eating area with period fireplace mantel, a bedroom along with a full bath that has a stack washer and dryer, mosaic tile floors, and a ceramic surround tub/shower combination. This is the area that the current owners reside in when they Airbnb the main house. The Airbnb guests enjoy the formal living room on the 1st floor along with the 2nd and 3rd floors. The second floor provides a huge wonderfully renovated open kitchen with dining and sitting area and a separate laundry room with sink. There are 3 generous bedrooms and 2 exquisite marble baths on this floor as well. (please view photos, videos and the Matterport virtual tour to see all this homes beauty). Up to the 3rd floor where you will find 2 additional bedrooms (1 with heart of pine flooring, 1 with oak flooring) and another full bath. The magnificent front BR is currently being used as a library/office and boasts pressed tin ceilings, curved crown molding, extremely tall built-in bookshelves with rolling library ladder on one side and bookcases & display shelves on the other side. The triple windows across the front offer 2 custom & private window seats resembling ancient thrones. Due to its size, this room has an independent mini-split HVAC system to ensure comfort for their guests. Now we are moving back to the incredible renovated carriage house (purchased by the current owner in 2021) that was completely gutted and renovated into a fabulous Airbnb unit that is 1543 Sq. Ft. with 3 bedrooms, 2 full baths, a wonderful kitchen with island and breakfast bar, a wonderful living room a stacking washer and dryer, expose brick accent walls and a wonderful 123 Sq. Ft. 2nd floor deck overlooking the courtyard with a wonderful arbor and patio area below. This is a 5-star rated Airbnb in Old Louisville that generates thousands of tourists annually. The Carriage house rents for $230 per night with a 2-night minimum along with the main house with 5 bedrooms & 3 full baths that rents for $430 per night. Derby and special events have drawn $800 per night in the carriage house and $1200 per night in the main house all with allowing the owners to have their own private space in the rear section of the main house. Old Louisville offers so many wonderful venues, Olmsted’s Central Park with renovated tennis courts, a children’s playground & splash pad along with the amphitheater with Shakespeare in the Park, free community concerts and a place to walk and enjoy nature in the middle of downtown. Notable restaurants include 610 Magnolia at 6th & Magnolia and the historic Buck’s Restaurant on Ormsby Ave off 4th St. Situated close to all major expressways, the downtown business district, waterfront park and Belvedere, University of Louisville, Spaulding University, Kentucky College of Arts & Designs, Simmons college & Presentation Academy. With the close proximity to the Mohamad Ali international airport (5 minutes), this is an amazing opportunity in Old Louisville.