4122 Vermont Ave Louisville, KY 40211
UPDATED:
12/23/2024 03:39 AM
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,025 sqft
Price per Sqft $102
MLS Listing ID 1677009
Bedrooms 3
Full Baths 1
HOA Y/N No
Abv Grd Liv Area 1,025
Originating Board Metro Search (Greater Louisville Association of REALTORS®)
Year Built 1920
Lot Size 6,098 Sqft
Acres 0.14
Property Description
Key Features:
-Bedrooms: 3 spacious rooms ready for personalization
-Bathroom: 1 full bathroom awaiting updates.
-Layout: Two stories with a basement, offering ample living and storage space.
-Condition: In need of TLC, perfect for homeowners or investors ready to make it shine.
Investment Potential:
-After Repair Value (ARV): Approximately $152,000.
-Listing Price: $105,000—an excellent opportunity to build equity. REVERT Program Eligibility:
This property is REVERT eligible, meaning it qualifies for funding through the Louisville Affordable Housing Trust Fund (LAHTF)'s REVERT Program (Restoring Each Viable Economically Redlined Territory). This program aims to revitalize neighborhoods by offering significant financial assistance to buyers.
Program Benefits:
-Funding Available: Eligible buyers can receive up to $50,000 in forgivable loans for rehabilitation.
Approved Uses of Funds:
-Repairs to bring the property up to code.
-Energy efficiency upgrades.
-Interior and exterior renovations to make it your dream home.
-Loan Forgiveness Terms: The loan is forgivable after 15 years of owner-occupancy, helping you invest in your future while improving your community.
Why Choose This Home?:
-Location: Situated near two beautiful parks, Shawnee and Chickasaw, with convenient access to major roadways.
-Affordability: Take advantage of the REVERT Program to reduce your out-of-pocket expenses for repairs.
-Community Impact: Be a part of revitalizing a historic neighborhood with a home that reflects your style and needs.
Next Steps:
Don't miss out on this incredible opportunity to transform this property into your dream home or next investment.
Location
State KY
County Jefferson
Direction From Broadway, turn right onto 34th street. Continue until you come to Vermont then turn left. Keep straight until you come to the house.
Rooms
Basement Unfinished
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Fireplace No
Exterior
Exterior Feature Patio
Parking Features 1 Car Carport, Street
Fence Chain Link
View Y/N No
Roof Type Shingle
Garage No
Building
Story 2
Structure Type Aluminum Siding,Wood Frame
Schools
School District Jefferson
