Listed By
Agency Name: Sibcy Cline, REALTORS-CC
Agency Phone: 859-781-4400
Shown By
Agent Name: Denise Evans
Agent Phone: (330) 575-1832
Agency Title: Cutler Real Estate
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Property Description
Prime Covington 5-unit investment property just minutes from MainStrasse and downtown Cincinnati. Desirable unit mix includes two 2BR units, two 1BR unit, and one spacious 3BR unit. Updated interiors, strong rental demand, brick construction, and excellent income potential. Ideal opportunity for investors seeking cash flow and long-term appreciation in Northern Kentucky.Excellent opportunity to acquire a turnkey 5-unit multifamily property in the heart of Covington, just minutes from MainStrasse Village, downtown Cincinnati, dining, entertainment, and major employment centers. This well-maintained brick building offers an attractive unit mix Many units have been updated, helping minimize future capital expenses and maximize rental appeal. Tenants pay electric, while owner covers water and trash. Strong rental demand, value-add potential through future rent growth, and a prime urban location make this a great addition to any investment portfolio. Dont miss the chance to own a cash-flowing multifamily asset in one of Northern Kentuckys most sought-after rental markets. Note one ofv the 1 BD has additional 10x11 room may be used for additional BD but does not have egress.Unit 1-3BD rent for $900, Unit 2- 2BD rent for $800, Unit 3- 1 BD rent for $900,Unit 4 -2 BD rent for $800 and Unit 5- 1 BD rent for $850
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Cooling: None
Days on Market: 8
Heating: See Remarks, Natural Gas, Baseboard, Electric
Lot Size: 0.07 Acres
Roof Type: Metal, Shingle
Stories: 3.0
Year Built: 1890
Feature Descriptions
Accessibility: None
Appliances: Electric Range, Refrigerator
Exterior: Brick
Foundation: Stone
Interior: Walk-In Closet(s), Storage
Lot: Corner Lot, Near Public Transit
Lot Dimensions: 70x42
Owner Pays: Sewer, Water
Parcel Number: 040-44-08-001.00
Parking: On Street
Property Condition: Existing Structure
Security: Smoke Detector(s), Fire Escape
Sewer: Public Sewer
Structure Type: Apartment
Sub Type: Apartment
Tenant Pays: Electricity, Gas
Units: 5
Water: Public
Window: Aluminum Clad Window(s), Wood Frames
Local Schools
High School: Holmes Senior High
Middle School: Holmes Middle School
Elementary School: John G. Carlisle Elementary
School District: Covington Indep
Estimate Your Payment
Estimated Payment
$ 2,523.73 per month $2,388.11 Principal & Interest $0.00 Property Tax (data not provided by mls) $135.63 Homeowner's InsuranceChange Payment Information
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661 W Pike Street | MLS# 644298
This multi-family property located at 661 W Pike Street, Covington, KY 41011 is currently listed for sale with an asking price of $465,000. W Pike Street is located within the Covington Indep school district. Search Covington real estate on devans.cutlerhomes.com today.