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313 York Street

Newport, KY 41071
  • $925,000
  • STATUS: Active
  • ON SITE: 55 Days
  • MLS #: 627153
UPDATED: 23 min ago
$925,000
  • 0
    BEDS
  • 0.05
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1874
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Location, location, location WITH $80k in gross income! This amazing 2-unit multifamily property with a commercial unit on the bottom floor is right in the middle of Newport's redevelopment area. Located at the roundabout and York Street, this sought after location is in the middle of it all - Newport on the Levee, the new Ovation development, MegaCorp Pavilion, Monmouth Street shopping and dining, and just a short walk to Paul Brown Stadium, the Banks and everything else downtown Cincinnati has to offer. All of the units have been renovated with upscale finishes - granite countertops, stainless appliances, wood floors and in-unit washer/dryer. This turnkey property has newer mechanical, electrical, plumbing, roofing and waterproofed basement. Cash flow from day one without having to invest in upgrades or repairs. Must show approval letter or proof of funds before scheduling a showing. Please give at least 24 hrs notice as all units are occupied. Listing agent will be present for all showings.

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Northern Kentucky MLS logo © 2024 Northern Kentucky Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Northern Kentucky Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than Jim Simpson Realtors Inc are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Information Deemed Reliable But Not Guaranteed. All data provided is copyrighted by the Northern Kentucky Multiple Listing Service, Inc. Its use is strictly for consumers of real estate and may only be displayed on the internet by participating members of the Northern Kentucky Multiple Listing Service. All attempts to illegally reproduce or host this data will be prosecuted to the fullest extent of the law. Data last updated: 2024-12-04T20:24:40.533.
www.jimsimpsonrealtors.com/homes/156540530
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313 York Street Newport, KY 41071

  • Price: $925,000
  • Status: Active
  • On Site: 55 Days
  • Updated: 23 min ago
  • MLS #: 627153
0
Beds
0
Baths
0
½ Baths
0.05
Acres
1874
Built
Neighborhood:
Newport
County:
Campbell
Area:
Newport
Elementary School:
Npt Primary Intermed
Middle School:
Newport Intermediate
High School:
Newport High
School District:
Newport Indep
Property Description
Location, location, location WITH $80k in gross income! This amazing 2-unit multifamily property with a commercial unit on the bottom floor is right in the middle of Newport's redevelopment area. Located at the roundabout and York Street, this sought after location is in the middle of it all - Newport on the Levee, the new Ovation development, MegaCorp Pavilion, Monmouth Street shopping and dining, and just a short walk to Paul Brown Stadium, the Banks and everything else downtown Cincinnati has to offer. All of the units have been renovated with upscale finishes - granite countertops, stainless appliances, wood floors and in-unit washer/dryer. This turnkey property has newer mechanical, electrical, plumbing, roofing and waterproofed basement. Cash flow from day one without having to invest in upgrades or repairs. Must show approval letter or proof of funds before scheduling a showing. Please give at least 24 hrs notice as all units are occupied. Listing agent will be present for all showings.
Exterior Features

Attached Garage YN No Construction Materials Brick Foundation Details Stone Levels Three Or More Parking Features On Street Patio And Porch Features CoveredPorch Roof Shingle View City View YN Yes

Interior Features

Appliances Washer/Dryer StackedElectric RangeGas RangeDishwasherDryerMicrowaveRefrigeratorWasher Basement Full Cooling Central AirWindow Unit(s) Cooling YN Yes Fireplace Features BrickElectricInoperable Fireplace YN Yes Heating Natural GasForced Air Heating YN Yes Laundry Features In Unit Living Area 3315 Window Features Vinyl Frames

Property Features

Lot Size Dimensions 31x72 Net Operating Income 56834.8 New Construction YN No New Taxes Expense 13206 Other Expense 682.2 Property Class MultiFamily Property Condition Existing Structure Property Sub Type Multi Family Sewer Public Sewer Structure Type Quadruplex Tenant Pays ElectricityGas Utilities Cable AvailableNatural Gas AvailableSewer Available Water Sewer Expense 2720 Water Source Public

Northern Kentucky MLS logo Courtesy of Comey & Shepherd REALTORS: 859-415-2556. © 2024 Northern Kentucky Multiple Listing Service, Inc. All rights reserved. Information has not been verified, is not guaranteed, and subject to change.


Northern Kentucky MLS logo © 2024 Northern Kentucky Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Northern Kentucky Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than Jim Simpson Realtors Inc are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Information Deemed Reliable But Not Guaranteed. All data provided is copyrighted by the Northern Kentucky Multiple Listing Service, Inc. Its use is strictly for consumers of real estate and may only be displayed on the internet by participating members of the Northern Kentucky Multiple Listing Service. All attempts to illegally reproduce or host this data will be prosecuted to the fullest extent of the law. Data last updated: 2024-12-04T20:24:40.533.
 
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Dry Ridge KY, 41035