661 W Pike Street, Covington, KY 41011
661 W Pike Street, Covington, KY 41011
661 W Pike Street, Covington, KY 41011
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Lindzie Gunnels

Lindzie Gunnels

+1(513) 658-2667
Listed by Sibcy Cline, REALTORS-CC
$465,000
Est. payment /mo
8 Beds
3 Baths
3,066 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID 644298

Bedrooms 8

Full Baths 3

Year Built 1890

Lot Size 3,066 Sqft

Property Sub-Type Apartment

Property Description

Prime Covington 5-unit investment property just minutes from MainStrasse and downtown Cincinnati. Desirable unit mix includes two 2BR units, two 1BR unit, and one spacious 3BR unit. Updated interiors, strong rental demand, brick construction, and excellent income potential. Ideal opportunity for investors seeking cash flow and long-term appreciation in Northern Kentucky.Excellent opportunity to acquire a turnkey 5-unit multifamily property in the heart of Covington, just minutes from MainStrasse Village, downtown Cincinnati, dining, entertainment, and major employment centers. This well-maintained brick building offers an attractive unit mix Many units have been updated, helping minimize future capital expenses and maximize rental appeal. Tenants pay electric, while owner covers water and trash. Strong rental demand, value-add potential through future rent growth, and a prime urban location make this a great addition to any investment portfolio. Don't miss the chance to own a cash-flowing multifamily asset in one of Northern Kentucky's most sought-after rental markets. Note one ofv the 1 BD has additional 10x11 room may be used for additional BD but does not have egress.Unit 1-3BD rent for $900, Unit 2- 2BD rent for $800, Unit 3- 1 BD rent for $900,Unit 4 -2 BD rent for $800 and Unit 5- 1 BD rent for $850

Location

State KY

County Kenton

Rooms

Basement Full

Interior

Interior Features Walk-In Closet(s), Storage

Heating See Remarks, Natural Gas, Baseboard, Electric

Cooling None

Exterior

Parking Features On Street

View Y/N N

Roof Type Metal,Shingle

Building

Lot Description Corner Lot, Near Public Transit

Story Three Or More

Foundation Stone

Sewer Public Sewer

Level or Stories Three Or More

New Construction No

Schools

Elementary Schools John G. Carlisle Elementary

Middle Schools Holmes Middle School

High Schools Holmes Senior High

Others

Special Listing Condition Standard

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NEARBY SCHOOL & BUSINESS

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Lindzie Gunnels

Lindzie Gunnels

+1(513) 658-2667

Managing Broker | License ID: 2022004998

Managing Broker License ID: 2022004998

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