509 Wallace Avenue, Covington, KY 41014

$300,000
3
BD
3
BA
2,206
SqFt

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Sold Price
$300,000
List Price
$325,000
Closing Date
Feb 14, 2025
MLS#
624884
Status
SOLD
County
Kenton
City
Covington
Bedrooms
3
Bathrooms
3
Half-baths
1
Living Area
2,206
Acres
0.11

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!

Additional Information

Year Built
1913
Fireplace Description
Inoperable
Cooling
Central Air
Heating
Natural Gas, Forced Air
Exterior Features
Balcony, Outdoor Grill
Roof
Shingle
School District
Covington Indep
Elementary School
Sixth District Elementary
Middle School
Holmes Middle School
High School
Holmes Senior High

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Calculator source: Real Geeks

Listing courtesy of Comey & Shepherd, REALTORS. Selling Office: Huff Realty - CC.