425 Lehmer Street, Covington, KY 41011

$324,900
2
BD
2
BA
1,580
SqFt

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List Price
$324,900
MLS#
642131
Status
PENDING
County
Kenton
City
Covington
Bedrooms
2
Bathrooms
2
Living Area
1,580
Acres
0.05

Property Description

What if your neighbor helped pay your mortgage? At 425 Lehmer Street, that's not a hypothetical. It's already happening. This all-brick historic duplex in the heart of Covington is a proven short-term rental with 150 Airbnb reviews and a 4.8-star combined rating across both units. That income history is real, documented, and transferable to a new owner from day one. Two independent 1BR/1BA units, each with a private entrance, its own kitchen, full bath, and individual HVAC. Separate electric and gas meters. Stackable laundry in each unit stays. Shared basement and backyard. The setup: live in one unit, run the other as a short-term rental, and watch your cost of ownership shrink. A professional property management company is already in place for a seamless transition, or self-manage and keep more of the returns. Want to run both as STRs? The infrastructure and the reviews are already there. Three strategies. One property. House hack it, Airbnb both, or convert to long-term rentals. The numbers support all three. Steps from Mainstrasse Village, Covington's most walkable entertainment district. Minutes to downtown Cincinnati, major highways, and CVG Airport. A proven, turnkey income property with a track record that speaks for itself. Schedule your showing today.

Additional Information

Year Built
1910
Cooling
Central Air
Heating
Forced Air, Natural Gas
Roof
Membrane, Built-Up
School District
Covington Indep
Elementary School
John G. Carlisle Elementary
Middle School
Holmes Middle School
High School
Holmes Senior High

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Calculator source: Real Geeks

Listing courtesy of Haven Homes Group.