KY
Jefferson
Louisville
40204
2189 Baringer Ave
2189 Baringer Ave, Louisville, KY 40204
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Listing Type
Condo/Townhome
Listing Status
Active
18
$1,495,000

Home Details for 2189 Baringer Ave

Price
$1,495,000
Type
Residential Income
Square feet
8464
Year built
1969
County
Jefferson
Days on site
60
MLS Listing#
1720925
Property Description

Located on an upscale residential street in the heart of Cherokee Triangle, one of the most desirable sub-markets in Louisville, 2189 Baringer includes 11 2BR/1BA purpose-built apartments. The walkable location is minutes from Cherokee Park, as well as shopping, dining, and other services in The Highlands. The building has undergone significant recent renovations, including four total unit turns (including all new fixtures, appliances, LVP flooring, tile bathrooms, and granite countertops), and new separate electric meters for all units. The remaining units have benefited from other improvements. There is potential for a 12th apartment - the space is currently used as a coin-op laundry and storage room. Off-street parking is readily available at the rear of the property, plus ample street parking. Value add opportunity for the investor includes continuing to turn units to bring rents up to market rate, potentially adding a 12th unit, instituting a RUBS system, and converting tenants to pay their own electricity.

Property Features
  • Heating Information
    • Natural Gas
    • Other
  • Utilities
    • Natural Gas Available
    • Electricity Connected
  • Cooling Information
    • Central Air
  • Water Features
    • Public
Listing Courtesy: Colliers
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Market statistics compiled from data from Greater Louisville Association of Realtors.
EXIT REALTY CRUTCHER
8911 Greeneway Commons Pl, Louisville, KY 40220
Office
502 327 9838
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