1352 S Preston St

Description

OWNER-OCCUPANT OR INVESTMENT OPPORTUNITY in a well-located Louisville duplex with immediate income already in place. The first-floor 2-bedroom, 1-bath unit is currently rented for $1,075 per month, while the second-floor 2-bedroom, 1-bath unit is vacant, renovated, and ready for a new owner or tenant. With separate utilities, off-street parking, and more than $29,000 in recent improvements, this property offers a compelling combination of current income and future flexibility. An owner-occupant can live in one unit while collecting rent from the other, or an investor can lease both units and add a centrally located multifamily property to their portfolio. The vacant upper unit offers a move-in-ready opportunity, while the occupied lower unit provides income from day one. NEW water heater in 2022, NEW furnace in 2023, NEW A/C in 2023, NEW sewage cleanout in 2025, NEW vinyl plank flooring in 2026, NEW carpet in the bedrooms in 2026, NEW refrigerator and range in 2026, NEWLY remodeled bathroom in 2026, including NEW flooring, NEW tub, NEW tiled shower, NEW lighting, NEW toilet, and NEW vanity. Conveniently located near UofL, Shelby Park, Germantown, downtown Louisville, and major employment and entertainment areas. Whether you're a first-time investor, experienced landlord, or buyer looking for an income-producing property with an owner-occupant option, 1352 S Preston Street offers flexibility, location, and long-term potential.