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$656,000 ↓$24,000on 11/24/2024(Pending)

2516 Pennacook Rd Louisville, KY  40214

  • 6,790 sq. Ft

Property Description for 2516 Pennacook Rd Louisville, KY 40214

This eight 2BR/1BA unit property is located in a high rental-demand area of South Louisville. The seller has begun the process of re-tenanting the property and has been achieving rents in the high $900's. Highlights include: > Eight 2BR/1BA units > Washer/Dryer hookups > Separately metered for LGE > Ample off-street parking > Opportunity to increase revenue, with some demonstrated high rents in place The seller does NOT currently pay flood insurance. The building on the property is not in the flood zone.

Address:2516 Pennacook Rd Louisville KY 40214
Status:Pending
on site: 152 days
Price:$656,000
Bathrooms:0
Sq. Feet:6,790
Year Built:1970
County: Jefferson
MLS #:1665614
Property Type:Apartment

Utility Options:0, 1, 2, 3, 4, 5, 6, 7, 8, 9
Building Utilities:City Sewer
Directions: Get on I-65 S 2 min (0.5 mi)  Continue on I-65 S. Take I-264 W to KY-1865 S/Taylor Blvd. Take exit 9 from I-264 W 8 min (7.5 mi)  Continue on KY-1865 S/Taylor Blvd to your destination
Abv. Grnd. Sq. Ft. :6,790
Total Sq. Ft. :6,790

Loan Price
$3,695
Price And Interest $3,422/month
Property Tax $0/month
MTG INS $0/month
HOME INS $273/month
Price
$656,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$3,276 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
11/24/24 $680,000 $656,000 -3.5000000000000004%
08/11/24 $712,000 $680,000 -4.5%

Mandatory HOA Fee:$

Area: 05-Auburndale/Fairdale/IroquoisPrk/Shively
Subdivision: NONE
Zip Code:40214

Total Sq. Ft.:6,790
Exterior Features:None
Exterior Type:Brick
Heat:Forced Air
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Listing provided courtesy of Jenny Johnston with PRG Commercial Property Advisors

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.





Louisville, KY Market Report

371
Avg. DOM
$239.41
Avg. $ / Sq.Ft.
$ 285,000
Med. List Price

The house prices in Louisville are not dropping at the moment. There has been a increase in price of $1,600.48. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Louisville are going Up. The average house price is $285,000.00 and the average price per square feet is $240.24 per square feet. At the moment, the amount of homes listed is exactly 19618 houses, with 6897 with active status, 1216 with pending status and 11505 sold in Louisville .

The most popular place to buy a home in Louisville is 08-DglasHls/Hurstbrn/Mdltwn/Anchrg/StMatt. 08-DglasHls/Hurstbrn/Mdltwn/Anchrg/StMatt is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Louisville .

The average amount of property taxes you would have to pay for a home in Louisville is $0.00. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Louisville are staying listed for an average of 58 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Louisville was 1607 minutes ago.

At the moment we have 77 open houses that you can visit.

The cost of the most expensive home in Louisville is $10,000,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Louisville is $1.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Louisville in year 1 and the newest built house is in year 9999.

The average size of properties in Louisville is 2079.82 sq.ft. , the biggest one being 39000 sq.ft. and the smaller being 0 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.