1347-1355 S 3rd St

Louisville, KY
$ 2,395,000 Beds 12 Baths 16 Sq 31,677
Monthly Estimate* How much can I afford?

ABSOLUTELY STUNNING Mansion with Fully Rented Apartments, Carriage House and 100% Fully Rented 35 Suite Business Center. Don't miss this one-in-a-lifetime opportunity to own this self supporting enterprneurs dream. The owners have loved this property and it's evident in every square foot and they say it's time to retire. The Mansion, originally built by the Speed Family is second to none when it comes to opulence. The gorgeous entry with wrap aound staircase as been the choice of many a bride over the years. Gorgeous mahogany pocket doors flank either side of the entry hall and function perfectly. The dining room with beautiful tiered chandelier and arched doorway to the butlers pantry can host parties of any size. The living room with fireplace has pocket doors to the conservatory/library with beautifully restored moldings, coiffered ceiling andcustom built ins surrounding a magnificent stained and leaded glass bay window. This room features an ornate fireplace mantle and handmade art tile. Through the French doors you'll find a great room spanning 28 feet, perfect for banquets and receptions. The remodeled designer kitchen is any chefs dream. The work areas are designed to function as a professional kitchen and boast beautiful finishes from the granite choice to the custom cabinetry to the professional grade appliances. Nothing was spared in this space and the quality is truly special. The breakfast/coffee room is bright and sunny and is a great way to start or end your day. The house/business managers office is on the first floor, making access to any area quick and easy through the relaxing and quite gorgeous courtyard. Featuring dining areas and quiet nooks and water features, it's become a favorite of all tenants. Six bedrooms and ensuite baths, three of which are lovingly restored, and three more on the third floor present endless possibilities for the main home. Who wouldn't want to stay in this mansion as a Bed and Breakfast? The suites, all with fireplaces and sumptious baths are just exquisite. The newly renovated large laundry and second staircase lead to a beautiful apartment with two bedrooms perfect for a caretaker or business building manager, leaving you to the main home affairs. The basement, full of storage areas and work spaces steps out to the rear courtyard through the glass winter greenhouse used by the current owners to maintain the stunning outdoor plants through the seasons. The carriage house features two separate apartments, both renovated and rented. There is another partially renovated studio off the courtyard that would be an amazing art space/loft apartment. The property comes with a newly paved 44 car parking lot and a six car garage and tenant parking behind the main home. The lot can be accessed from a 2nd Street entry or through the alley, making the business suites one of the most desirable properties for blocks. This magnficent home has it's own attached business complex that features a long-term government contract (20 years) on the main floor, as well as, two more floors of private offices, ALL 35 fully rented. The newly renovated Veterans Affairs offices with new kitchenettes, baths, flooring and fixtures, fully secured entries, handicap accesible with lifts and ramps, meeting/group rooms, individualized offices and common areas is spectacular. The second and third floors, all magnificently maintained, features common areas, individual offices and work rooms, new bathrooms and kitchenettes and maintains all the amazing charm and character of the original home. You can feel how special this property is just by stepping through the doors. Old world moldings, stained glass windows and beautiful staircases still remain and in the basement, you'll find the original billiards room with custom Rookwood tiled fireplace. The basement office suites still remain and can easily be converted to storage areas, more offices or workshops/artists studios. With so much to offer and a well established, income earning business complex, this property sitting on 2.14 acres just seconds from downtown and on a main thoroughfare, will be the one you'll Love making your next venture.

Single Family

  • Price
  • $ 2,395,000
  • Lot Size
  • 0.92 Acres
  • Bedrooms
  • 12
  • Sqr Footage
  • 31,677
  • Full Bathrooms
  • 10
  • Year Built
  • 1899
  • Half Bathrooms
  • 12
  • City, Zip
  • Louisville
  • County
  • JEFFERSON
  • Style
  • 3 Story
  • Area
  • Dtwn Old Louisville-Shively-West Lou
  • MLS#
  • 1567927
  • Zip
  • 40208
Listing Provided by: Exp Realty Llc
Data Source: GREATER LOUISVILLE ASSOCIATION OF REALTORS

Features

General

Acres 0.92
Age 121.00
Area 01-Dtwn Old Louisville/Shively/West Lou
Block 1003 1002
Construction Brick, Frame - Wood, Stone
Full Baths 10
Garage Features 6 Car Garage, Attached, Driveway, Lower Level, Off-Street Parking
HOA Fee No
Half Baths 12
Municipality Louisville
Property Type A
Roof Shingle
School District Jefferson
Status Active
Style 3 Story
Sub Type Single Family Residence
Subdivision OLD LOUISVILLE
Utilities Public Sewer, Public Water
Year Built 1899

Interior Features

Above Grade Finished 29537.00
Basement Walkout Part Fin
Below Grade Finished 2140.00
Heating/Cooling Central Air, Gas Heat, Steam Heat
Total Baths 22.00
Total Bedrooms 12
Total Closets 0.00
Total Fireplaces 0.00
Total Rooms 57

Exterior Features

Disclosure Yes
Public Remarks ABSOLUTELY STUNNING Mansion with Fully Rented Apartments
Exterior Balcony, Deck, Out Buildings, Patio
Fencing Partial
Lot 0090 0056 0057 0058
Lot Description Cleared, Irregular, Level, Sidewalk, Wooded

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Shelbyville, KY office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/29/2020 Listed $2,395,000

Property vs Zip Code Average in 40208

Price
AVG $470K
$2.4M
Visits
AVG 159
1330
Year Built
AVG 1916
1899
Walkscore
AVG 77
81
Data Provided by Walkscore ® not using MLS data

Map

1347-1355 S 3rd St Louisville, KY is a Single Family Home for sale at $2395000 with 31677 sqft and a lot size of 0.92 Acres Acre(s). 1347-1355 S 3rd St Louisville has 12 bedrooms, 10 baths and was built in 1899. The property's zip code is 40208 which is in Louisville, KY

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.