The Alexander Residence is a circa 1902 historic registered building located in Old Louisville.
November 30, 2012 (Newswire) - For many years, this building was an apartment building. UI Holdings, LLC; purchased this property in 2008. The owners totally renovated this property and converted it into 12 characteristic and charming condominium residences; which explode with character, warmth and charm.
Centrally located between downtown and the airport with access to all major thoroughfares; it sits only 2 blocks north of the University of Louisville and approximately 1 mile from the downtown and it's emerging and cutting edge medical facilities. This property indeed offers the best location with historic charm and beauty in Old Louisville.
Louisville, Kentucky will be undertaking the largest infrastructure project in the USA in 2013 with the construction of two new bridges; one in downtown Louisville and one in the east end of Louisville. Both bridges will connect Kentucky with southern Indiana. We believe this project alone will create the largest housing opportunity ever for this region of the country.
The Alexander Residence offers12 unique and historic condominiums units, with its well landscaped property; all residents and passer bys can admire and preview this outstanding property and well designed interior units. The Alexander Residence not only provides charm and warmth for property owners, it also offers one of the best and most admired locations in Old Louisville for middle to upper income professionals.
These condominiums offer 2 bedroom units in the 200K home market. The main entrance into the building is secured with a front door security feature; which when entered, displays original mosaic tile floors, solid white marble half walls and totally marbled stairs with thick brass tube hand rails that stretch over all three levels of the large foyer and entrances to each unit.
Each condominium units provides independent HVAC systems and new water lines have been installed throughout the building. Water, trash, sewer, wireless internet, interior and exterior property maintenance plus the building structure insurance are all inclusive in the $125 monthly homeowner association fees. 5 year tax abatement also comes with any unit purchased. Basically, the first five years of ownership will provide you with an effective tax rate of approximately $700 annually.
These condominiums were reconstructed with both 2 bedrooms and either 2 full custom bathrooms with a large balcony overlooking Old Louisville or 1.5 custom bathrooms with a sunroom overlooking an open landscaped courtyard.
They all include new Frigidaire stainless steel appliances and oversized stackable washers and dryers. The main living areas explode with character of the original century. The front unit with balcony was built with columns and archway and railing; which separate the living and dining room. The back unit main living area boast the original architecture and character reminiscent of the century with sculpture like ceiling architecture and window seating with storage all to bring this time periods charm and warmth into the home.
The kitchens are custom with granite countertops and custom built cabinetry in either cherry or white hardwood and accented with a tray ceiling and tile floors and tile backsplash. All of the condominiums have been preserved and consist of the original tall and large windows throughout each unit; which provide plenty of natural sunlight.
The property also features a full basement with storage space for each resident. Parking is also restricted to residents that live in the area to prevent overcrowding and preserve parking for homeowners only.
You are welcome to make an appointment anytime with us to preview this magnificent property at anytime. You will see for yourself, this fine work of art with quality products and the outstanding craftsmanship bestowed upon this totally restored and renovated historic registered property in Old Louisville.