425 E Oak St Active Save Request In-Person Tour Request Virtual Tour
Louisville,KY 40203
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,380 sqft
Price per Sqft $235
Subdivision Shelby Park
MLS Listing ID 1698177
Style Bungalow
Bedrooms 4
Full Baths 1
Year Built 1903
Lot Size 3,484 Sqft
Property Sub-Type Single Family Residence
Property Description
Looking for the perfect short-term rental investment before year's end? This FULLY furnished, turnkey Airbnb is already outperforming expectations, and there are still four months left in the year! Located in the heart of Shelby Park, just minutes from Downtown Louisville and world-famous distilleries like Angel's Envy, this property sits down the street from Logan Street Market, Atrium Brewing, Idlewild Butterfly Farm, and other popular attractions your guests will love.
Inside, all of the stylish furnishings remain, making this a seamless transition for any investor. With the ability to sleep up to 10 guests, the home boasts a solid NOI with an impressive 8% cap rate today and even stronger projected returns ahead. Opportunities for upside are abundant: an additional bathroom could easily be added, and converting the detached garage into a game room would further increase ADR and occupancy.
This property combines location, performance, and potentialmaking it the ideal investment for any buyer looking to add a profitable short-term rental to their portfolio.
Location
State KY
County Jefferson
Interior
Heating Forced Air,Natural Gas
Cooling Wall/Window Unit(s),Central Air
Fireplaces Number 1
Exterior
Parking Features On Street,Off Street,Detached
Garage Spaces 1.0
Fence Wood
View Y/N No
Roof Type Shingle
Building
Lot Description Sidewalk
Story 1
Foundation Poured Concrete
Sewer Public Sewer
Water Public
Structure Type Wood Frame,Aluminum Siding