402 W 10th Street, Newport, KY 41071

$399,900
5,216
SqFt

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List Price
$399,900
Price Change
▼ $25,100 1781718488
MLS#
642060
Status
ACTIVE
County
Campbell
City
Newport
Living Area
5,216
Acres
0.09

Property Description

Investor Opportunity - Mixed-Use + Residential Package in Newport! Rare chance to acquire two adjacent properties being sold together in a prime Newport location. 402 W 10th Street is a substantial mixed-use building offering over 5,000 sq ft on a highly visible corner lot. The first floor features a former bar space, currently vacant and ready for your vision, whether that's a new business, redevelopment, or value-add repositioning. The second-floor apartment is currently leased on a month-to-month basis at $1,200/month, providing immediate income with flexibility for future plans. 406 W 10th Street is a 3-bedroom, 1-bath single-family home primed for renovation. Ideal for a fix-and-flip, rental addition, or owner-occupant looking to build equity. This package presents multiple upside opportunities - live/work conversion, rental potential, or redevelopment. Excellent proximity to downtown, entertainment, and ongoing area growth. Sold as-is. Endless potential for the right investor or developer!

Additional Information

Cooling
Window Unit(s)
Heating
Forced Air, Natural Gas
Exterior Features
Sidewalks
Roof
Membrane, Shingle

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Calculator source: Real Geeks

Listing courtesy of Horan Rosenhagen Real Estate.