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509 Wallace Avenue

Covington, KY 41014
  • $325,000
  • STATUS: Active
  • ON SITE: 133 Days
  • MLS #: 624884
UPDATED: 21 min ago
$325,000
  • 3
    BEDS
  • 0.11
    ACRES
  • 2
    BATHS
  • 1
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1913
County:

School Information

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

Description

Great 2 unit all brick building with long term tenants on 1 year leases at $1300 each. Property generates $2600 per month in rental income, tenants pay gas & electric, owner pays water/sewer. Both units were updated about 15 years ago and retain great historic charm as well. Property has fenced in backyard with covered porch. Great opportunity and location!

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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: 2024-12-04T19:24:24.8.
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509 Wallace Avenue Covington, KY 41014

  • Price: $325,000
  • Status: Active
  • On Site: 133 Days
  • Updated: 21 min ago
  • MLS #: 624884
3
Beds
2
Baths
1
½ Baths
0.11
Acres
1913
Built
Neighborhood:
Covington North
County:
Kenton
Area:
Covington North
Elementary School:
Sixth District Elementary
Middle School:
Holmes Middle School
High School:
Holmes Senior High
School District:
Covington Indep
Property Description
Great 2 unit all brick building with long term tenants on 1 year leases at $1300 each. Property generates $2600 per month in rental income, tenants pay gas & electric, owner pays water/sewer. Both units were updated about 15 years ago and retain great historic charm as well. Property has fenced in backyard with covered porch. Great opportunity and location!
Exterior Features

Attached Garage YN No Construction Materials Brick Exterior Features BalconyOutdoor Grill Fencing Wood Foundation Details Stone Levels Three Or More Parking Features On Street Patio And Porch Features CoveredPatioPorch Roof Shingle View City View YN Yes

Interior Features

Accessibility Features None Appliances Stainless Steel Appliance(s)Gas OvenDishwasherDryerRefrigeratorWasher Basement Full Cooling Central Air Cooling YN Yes Fireplace Features Inoperable Fireplace YN Yes Fireplaces Total 2 Heating Natural GasForced Air Heating YN Yes Laundry Features In Basement Living Area 2206 Window Features Vinyl Frames

Property Features

Cross Street Eastern Lot Size Dimensions .1101 ac New Construction YN No New Taxes Expense 5210 Owner Pays SewerWater Property Class MultiFamily Property Condition Existing Structure Property Sub Type Multi Family Sewer Public Sewer Structure Type Duplex Tenant Pays ElectricityGasHeat Water Source Public

Northern Kentucky MLS logo Courtesy of Comey & Shepherd, REALTORS: 513-489-2100. © 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: 2024-12-04T19:24:24.8.
 
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