Fantastic opportunity! Gross potential rent on this building is $1800/mo. Well maintained 3 family owned by current owner for 40 years, 2000 sqft. Water heaters only 1-2 years old. New Roof! Back unit is large, partially detached and ideal for owner occupied property or lease for $800/mo. Owner has 13 Unit- 6 properties listed for a package price of $399,000 GPR $6295/mo. Cap rate 10.5%! Hurry! This is an exceptional price.
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118 E 32nd Street, Covington, KY 41015 (MLS# 515852) is a
Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms.
118 E 32nd Street is currently listed for $70,000 and was received on May 21, 2018.
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Lease with a Right to Purchase
A new affordable option from Home Partners of America. They buy the home, you lease it for 1-5 years with a right to purchase.