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(859) 647-0700
Real Estate Company
109 W 10th Street, Newport, KY 41071
- $207,000
- 4
- BD
- 2
- BA
- 1,772
- SqFt
- Sold Price
- $207,000
- List Price
- $200,000
- Closing Date
- May 21, 2024
- MLS#
- 621842
- Status
- SOLD
- County
- Campbell
- City
- Newport
- Bedrooms
- 4
- Bathrooms
- 2
- Living Area
- 1,772
- Acres
- 0.03
Property Description
**2nd Showings to see main floor unit 1, between 1-3 on Friday and Saturday** Presenting a prime investment opportunity. This multi-family property offers a chance to capitalize on the thriving real estate market. With one unit currently rented, there's immediate income generation potential, with the opportunity to increase returns through an additional lease. Conveniently located minutes from Cincinnati, Newport on the Levee, and MegaCorp Pavillion with easy access to amenities and transportation, it promises both convenience and lifestyle. Whether you're seeking a turnkey investment or looking to add value through renovations and attracting new tenants, this property offers long-term potential. Unit 1 (lower) tenant just re-signed lease at $800/mo, unit 2 (upper) was bringing in $1,000/mo with no rent increase in years. Prime chance to bump up or do more work to add extra value & revenue.
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Additional Information
- Year Built
- 1885
- Fireplace Description
- Inoperable
- Cooling
- Window Unit(s)
- Heating
- Natural Gas, Forced Air
- Roof
- See Remarks, Shingle
- School District
- Newport Indep
- Elementary School
- Newport Elementary
- Middle School
- Newport Intermediate
- High School
- Newport High
Listing courtesy of Huff Realty - Florence. 859-525-7900
Selling Office: Coldwell Banker Realty FM.