$2,395,000

1347-1355 S 3rd St

Louisville KY, 40208

Description

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 remai

Details

MLS#1567927
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1899
Days On Site151

Features

Bed(s)12
Bath(s) 22 Total
SQ Feet31,677
Story(s)3 Story
Acreage0.92
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Area Information
StateKY
CountyJefferson
CityLouisville
Zip Code40208
Area01-Dtwn Old Louisville/Shively/West Lou
Community NameOLD LOUISVILLE
School DistrictJefferson
Listing VS Median (in OLD LOUISVILLE)
Price:
$2,395,000
low | high
Med:
$306,500
100% of Average
SqFt:
31,677
low | high
Med:
2,266
100% of Average
$ / SqFt:
$76
low | high
Med:
$135
28.936151832391% of Average
On Site:
151
low | high
Med:
95
100% of Average
Listing Updated: January 26, 2021 8:17:56 PM PST
Stephen Lindsey LogoMLS Number: 1567927
Listing Provided By:
Stephen Lindsey  of  EXP Realty LLC
MLS Internet Data Exchange (IDX) information is provided exclusively 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, and that the data is deemed reliable but is not guaranteed accurate by the Greater Louisville Association of Realtors.