319-321 W Pike Street Covington, KY ^$ 574,900

319-321 W Pike Street

^$ 574,900

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Recently Listed

319-321 W Pike Street

Covington, KY, 41011

^$ 574,900

Bedrooms4 Baths4.0

Monthly Estimate*

^$ 3,821

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Multi-Family Home for sale in Covington, KY

for $574,900 with 4 bedrooms and 4 full baths. This home was built in 1925.

Great Investment Opportunity in walk-able Covington with Mainstrasse & Braxton Brewery all close by*This is a turnkey, well maintained 4 unit building with current rents below market value making this a value add opportunity*Half of the 1 bed 1 bath units have updated kitchens w/granite counters, newer cabinets & dishwasher*Off street parking for 2 cars and potential to add more*Coin Laundry brings additional cash flow*New exterior paint, new exterior doors & main sewer line replaced*

Multi-Family Active

Price

^$ 574,900

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Multi Family

Year Built

1925

Town/City

Covington

County/Region

Kenton

MLS | Web ID

622618

Features

General

Sewer Public Sewer

Heating Forced Air Natural Gas

Cooling None

Utilities Sewer Available Natural Gas Not Available Water Available

Roof Asphalt

Garage Spaces 0.0

Patio/Porch Features Covered

Construction Materials Stone Stucco

Full Baths 4

Half Baths 0

Year Built 1925

Tenant Pays Gas

Levels Two

Property SubType Multi Family

Gross Income 47940.0

County Kenton

Net Operating Income 44440.0

New Construction No

Property Type D

Attached Garage No

Subdivision Name Kyle

Status Active

Directions I 71/75 to 12th Street exit 191 Right on Pike Street Building on the Right.

High School Holmes Senior High

City Covington

Buyer Agent Compensation 3.00

School District Covington Indep

Total Units 4

MLS Area K01 - Covington North

Lot Size Square Feet 0.0

Street Name Pike

Elementary School John G. Carlisle Elementary

Electric Expense 2517.0

Middle/Junior High School Holmes Middle School

Property Condition Existing Structure

Water Sewer Expense 983.0

MLS Area Minor K01 - Covington North

Structure Type Quadruplex

Standard Status Active

Buyer Agent Compensation Type %

Interior

Basement Partial

Fireplace Features Inoperable

Air Conditioning Y/N No

Heating Y/N Yes

Window Features Storm Window(s) Wood Frames

Fireplace Y/N No

Street Suffix Street

Total Bathrooms 4.0

Laundry Features Coin Laundry In Basement

Total Baths 4

Total Bedrooms 4

Exterior

Parking Features Off Street Driveway On Street

Water Source Public

Lot Size Area 0.0

Lot Dimensions 54.5x132

Lot Size Acres 0.0

Land Lease Type Fee

* Excluded Features

List By

Re/Max Victory + Affiliates

Broker

teampropertypros@gmail.com

Affordability Calculator

$3,821

Per Month

Monthly Principal & Interest: $3,821
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Covington, KY

Average List Price ^$357,805

Percent of Sale Price 38%

About Covington, KY

41,769 Population

-4% Since 2002

^$40,250 Median Income

37.49 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3163856 Elementary School

3163344 Middle School

Holmes Senior High High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/8/2024	$574,900		Listed Price

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319-321 W Pike Street, Covington, KY, 41011 is a Multi-Family Home for sale at $574,900. 319-321 W Pike Street has 4 bedrooms, 4.0 baths, and was built in 1925. The property's zip code is 41011 which is in Covington, KY

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Northern KY Multiple Listing Service, Inc.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Northern KY Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/25/2024.

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319-321 W Pike Street

Multi-Family Home for sale in Covington, KY

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