1463 S SHELBY ST

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1463 S SHELBY ST

LOUISVILLE, KY 40217-1168
Asking Price
$215K
Asset Type
Special-purpose
Class
Class B

What's Special

Commercially Zoned | Short Term Rental Eligible - Historic Schnitzelburg Investment Opportunity <ul><li>​Fully renovated in 2020</li><li>​Charming 1900 shotgun-style home</li><li>​Restored original hardwood floors</li><li>​Fresh interior paint</li><li>​Updated kitchen with new cabinetry</li><li>​Modernized bathroom</li><li>​New HVAC, roof & water heater</li><li>​New electrical, drywall & sewer lines</li><li>​Low-maintenance aluminum siding</li><li>​Moments from Germantown restaurants, coffee shops & parks</li></ul>

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NOI
$80,000
Cap Rate
37.21%
DSCR
6.27
Strong
Cash-on-Cash
104.24%
Monthly Payment
$1,063.703
Annual Cash Flow
$67,235.568

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