332 E 9th Street, Newport, KY 41071
- $250,000
- 3
- BD
- 2
- BA
- 1,545
- SqFt
- Sold Price
- $250,000
- List Price
- $249,000
- Closing Date
- Apr 28, 2025
- MLS#
- 630463
- Status
- SOLD
- County
- Campbell
- City
- Newport
- Bedrooms
- 3
- Bathrooms
- 2
- Living Area
- 1,545
- Acres
- 0.02
Property Description
28 E 9th - East Row District Duplex This unique two-unit property is located in the historic East Row District and has recent updates updated. Both units feature separate utilities (electric, heat, water) with the owner only responsible for the sewer bill. Each unit has an independent entrance, eliminating the need for maintenance of areas. Unit 2 spans two stories and includes a balcony and central AC, making it ideal for an owner-occupant. Well-maintained and professionally managed, this property offers a gross income of $28K and a net income of $22K with a strong 8.5CAP rate at the asking price. The seller prefers to sell this building in conjunction with 330-332 E 9th.
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Additional Information
- Year Built
- 1887
- Fireplace Description
- Inoperable
- Cooling
- Central Air, Window Unit(s)
- Heating
- Natural Gas, Forced Air
- Roof
- Shingle
- School District
- Newport Indep
- Elementary School
- Npt Primary Intermed
- Middle School
- Newport Intermediate
- High School
- Newport High
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Listing courtesy of Keller Williams Advisors. Selling Office: Huff Realty - Ft. Mitchell.