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35 W 32nd Street, Covington, KY 41015

$650,000

  • For Sale
  • Active
  • Commercial
35 W 32nd Street, Covington, KY 41015View this property at 35 W 32nd Street, Covington, KY 41015
35 W 32nd StreetCovingtonKY41015

Property Description

Unique Portfolio offering - 9 Buildings with a total of 20 units. Well maintained units with a Cap Rate of 10.65%, Excellent return, Fully Leased! NOI is estimated based upon the actual in place leases with an 8% vacancy and collection loss and a 40% expense ratio. All buildings have been remodeled with numerous updates of new roofs, windows, HVAC, etc.

Full Property Detailsfor 35 W 32nd Street

General

  • Price: $650,000
  • Status: Active
  • Type: Commercial
  • MLS ID: 513872
  • Updated: 5/8/2018
  • Added: 90 day(s) ago

Business

  • Business Type: Investment

Interior

  • Flooring: Vinyl

Location

  • Area: Latonia
  • County: Kenton
  • Cross Streets: Decoursey
  • Driving Directions: Use GPS, several locations

Heating & Cooling

  • Cooling Type: Wall Unit
  • Heating Type: Forced Air, Gas
  • Heating Fuel: Natural

Utilities

  • Sewer: Public
  • Water: Public

Structural Information

  • # Buildings: 9
  • Architectural Style: Two Story
  • Construction Status: Existing Structure
  • Construction: Aluminum, Vinyl
  • Basement: Yes
  • Basement Desc.: Full
  • Foundation: Block
  • Roof: Membrane, Shingle

Lot Features

  • Lot Size (Acres): 0.12
  • Lot Dimensions: 40 x 20
  • Lot Access: Public
  • Zoning: Residential

Financial Considerations

  • Owner Pays: Gas, Insurance, Sewer, Taxes, Trash Removal, Water
  • Tenant Pays: Electricity
  • Tenant Expense: Electricity

Disclosures and Reports

  • Documents Avail.: Inventory, Operating Stmt, Rent Roll
  • APN: 056-13-15-002.00

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Schools

Schoolsserving 35 W 32nd Street

School District:Covington Independent School District
School Name
Grades
Distance
Holmes High School
25th and Madison Ave, Covington, KY 41014
9-12
0.7 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History

Price & Sales Historyfor 35 W 32nd Street Get Price Alerts

Date
Details
Price
Change
Source
5/08/2018
Price Reduced
$650,000
-7.14%
MLS
3/23/2018
Listed
$700,000
3788.89%
MLS
4/19/2012
Sold
$18,000
-61.43%
Public Record
12/05/2011
Sold
$46,667
-50.88%
Public Record
5/31/2006
Sold
$95,000
Public Record
Disclaimer: Historical sales and tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Community Info

Community Infofor 35 W 32nd Street

Listed by Realty Executives Select

35 W 32nd Street, Covington, KY 41015 (MLS# 513872) is a Commercial property. 35 W 32nd Street is currently listed for $650,000 and was received on March 23, 2018. Want to learn more about 35 W 32nd Street? Do you have questions about finding other Commercial real estate for sale in Covington? You can browse all Covington real estate or contact a Coldwell Banker agent to request more information.