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$238,500   Price Analysis
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467 Elm St
Ludlow, KY 41016
3 bed 2 bath 1,978 SqFt ($120/SqFt)
2,178SqFt lot. Built 1948
Listed 2024-04-10, Taxes $1,200
Ⓧ USDA Ineligible
due to location

near Bromley

VERY RARE FIND!!!

* Sale Pending *

Two-Family Home in Ludlow. Unique opportunity for investment or to lease one and live in the other. Well-maintained full brick duplex. First floor one bedroom unit currently on month-to-month lease and second floor two-bedroom unit currently on 12-month lease. Two car detached garage. Owner currently pays all utilities, but separate electric is available. Contemporary membrane roof was installed in 2020. Very convenient location that is on the bus line and it is one block from Ludlow's downtown district.

Behind the house there is a detached two-car garage. The first floor has one has one window a/c unit and the second floor has two window a/c units that are included. The property is being sold ''as is'' since the seller has rented both units for the past four years. (Note: Then entrance to the second-floor unit has a small storage room and a utility/laundry room that is on th first floor at the base of the stairs going to the unit.) The Seller Disclosure of Property Condition and additional photos will be added later today.


Presented by Daniel Pieschel at
The Real Estate Firm.


Property MLS #621867 from NKentucky

Bedrooms: 3

Total Bathrooms: 2
Full Bathrooms: 2

Pantry
Window Features: Vinyl Clad Window(s)

Cooling Features: Window Unit(s)
Heating Features: Natural Gas, Hot Water, Radiant
Heating: Yes

Private Yard
Fencing: Privacy
Patio And Porch Features: Porch

Lot Description: Near Public Transit
Lot Size Acres: 0.05
Lot Size Dimensions: 29' X 125''
Lot Size Square Feet: 2178

Garage Spaces: 2
Parking Features: Garage, On Street

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 1
Number of Units: 2
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 2
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Total Rooms in Unit-1: 3
Total Rooms in Unit-2: 4
Unit 1 Total Actual Rent: 720
Unit 2 Total Actual Rent: 1250

Elementary School: Mary A. Goetz Elementary
High School: Ludlow High
Middle School: Ludlow Middle School
School District: Ludlow Indep

Mary A. Goetz Elementary School is a public elementary school located approximately 0.1 miles away.
directions icon Map directions

Ludlow High School is a public middle and high school located approximately 0.1 miles away.
directions icon Map directions

Gospel Light Academy is a private elementary, middle and high school located approximately 0.1 miles away.
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Source Listing Status: Pending
County: Kenton
Cross Street: Adela
Directions: Route 8 (Elm St.) into Ludlow. Property is next to Middendorf-Bullock Funeral Home and just one door down from Ludlow High School.
Source Property Type: MultiFamily
Area: K02 - Bromley/Ludlow Area
MLS Area Minor: K02 - Bromley/Ludlow Area
Source Neighborhood: K02 - Bromley/Ludlow Area
Owner Pays: Gas, Heat, Sewer, Water
Parcel Number: 026-34-07-002.00
Property Subtype: Multi Family
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$80,000 + $10,000
$90,000
$1,200
2021$55,000 + $10,000
$65,000
$979
2020$55,000 + $10,000
$65,000
$976
2019$55,000 + $10,000
$65,000
$970
2018$55,000 + $10,000
$65,000
$964
2017$50,000 + $15,000
$65,000
$952
2016$40,000 + $15,000
$55,000
$783
2015$40,000 + $15,000
$55,000
$774
2014$40,000 + $15,000
$55,000
$744
2013$40,000 + $15,000
$55,000
$366
2012$10,000 + $15,000
$25,000
$372
2010$75,000 + $15,000
$90,000
$1,001
2009$65,000 + $15,000
$80,000
$866
2009$75,000 + $15,000
$90,000
$866
2008$65,000 + $15,000
$80,000
$852
2007$65,000 + $15,000
$80,000
$833

Listed 2024-04-10
$238,500
NKentucky
Sold 2016-08-16
$65,000
NKentucky
Listed 2016-04-21
$67,500
NKentucky
Listing removed 2015-09-21
$69,900
NKentucky
Listed 2015-04-15
$69,900
NKentucky
Listing removed 2014-10-21
$69,900
NKentucky
Relisted 2014-09-11
$69,900
NKentucky
Listing removed 2014-08-19
$69,900
NKentucky
Price Changed 2014-07-21
$69,900
NKentucky
Listed 2014-07-07
$72,900
NKentucky
Sold 2012-02-02
$25,000
Public Record
Listing removed 2012-01-06
$29,900
NKentucky
Price Changed 2011-12-29
$29,900
NKentucky
Listed 2011-11-28
$34,900
NKentucky
Sold 2005-10-07
$72,400
Public Record
Sold 2003-01-06
$72,450
Public Record

Total Square Feet Living: 1978
Year Built: 1948
Building Exterior Type: Brick
Construction Materials: Brick
Levels: Two
Property Age: 76
Property Condition: Existing Structure
Roof: Membrane
Levels or Stories: Two
Structure Type: Duplex

Sewer: Public Sewer
Cable Available
Natural Gas Available
Sewer Available
Water Available
Water Source: Public
Click Thumbnail Images To View Full Size
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.