500 W ORMSBY Ave, Louisville, KY 40203

Property Description

INVESTOR SPECIAL!!! This home is perfect for an Investor or homeowner looking for some sweat equity. The home next door sold for $795,000! Most of the expensive ''stuff'' has been done including a newer roof, updated plumbing and electrical, new windows, 3 new HVAC (UNFORTINATELY THE 3 EXTERIOR UNITS HAVE BEEN STOLEN) and water heaters, new flooring throughout, fresh paint and new concrete patios out back. All plaster and lathe have been removed, and this home is grandfathered in to keep 6'' hanging gutters (meaning no box gutters to clean and repair). With 8 bedrooms and 5 full bathrooms, this home easily accommodates extended families, guests, or even the potential for income-generating opportunities like a B&B or short-term rental (zoning permitting). Each floor offers a blend of privacy and functionality, with generous room sizes, high ceilings, and architectural charm that echoes the neighborhood's storied past. This 3-story home has just over 5,000 square feet above ground and has great duplex potential. The first floor with 1,892 sqft has a large entry foyer that leads to a formal living and dining room. The large kitchen has tons of cabinet and counter space and is next to a breakfast room, both with new tile floors. You will also find a first-floor bedroom, full bath and laundry room. The second floor with 1,892 sqft features a large primary suite complete with bedroom, sitting room and private bath with double vanities, large tub, separate shower and walk-in closet. There is an additional bedroom, den or office and full bath. PLUS, a private suite with outdoor entrance offers a bedroom and full bath. The third floor with 1,311 sqft has 3 large bedrooms and a full bath! Additional features include a spiral staircase to the unfinished 779 sqft basement, Large exterior deck, stairs that lead to 2nd floor entry, fire escape, 1.5 car detached garage from alley access and plenty of private parking. THIS HOME IS BEING SOLD AS-IS, WHERE-IS.