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131 Elm Street, Ludlow, KY 41016

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For Sale

$299,000

3,436 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • $87.02
    Price per square foot

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

131 Elm - Prime mixed-use investment opportunity in the heart of Ludlow! This versatile building features two storefronts, two apartments, and an attached garages, offering multiple income streams. Major renovations have already been completed, including a brand-new roof (2023), exterior tuckpointing and painting (2023), custom storefront windows and exterior doors, and new vinyl windows on the second and third floors. Mechanical upgrades include roughed-in plumbing, Partially completed electrical, and four new HVAC systems. One apartment is almost complete, while the remainder of the building is ready for finishing. Architectural plans are fully paid for and included in the sale. This property is a prime opportunity for investors, developers, or owner-occupants looking to complete a project with much of the heavy lifting already done. Don't miss out on this unique chance to add value in a growing community!
MLS# 636501

Courtesy Of Resource Realty Partners

(859) 445-8331

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Basement
  • Exterior Type
    Brick
  • Heating System
    Forced Air
  • Lot Size
    0.06 Acres
  • Roof Type
    Metal
  • Rooms
    Basement

Map and Directions

Directions to 131 Elm Street, Ludlow, KY 41016

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Monthly Payment Breakdown

  • Principle and Interest
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.