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116 E 32nd Street Covington KY 41015
Listing Information
Price $99,000
Listing Number 515855
Under Contract

Driving Directions
Decoursey Pike to 116 E 32nd.

Agent Remarks
Fantastic opportunity! Income of $1800/mo. Well maintained 4 family owned by current owner for 40 years. Long term tenants. Water heaters replaced in 2015, 2016, 2017. Owner is currently paying the heat but property has separate meters. So much income potential! Owner has 13 Units - 6 properties listed for a package price of $399,000 GPR $6295/mo. Cap rate 10.5%!

General Information
Property TypeMulti Family
StyleMulti Fam 2-4 Units
CountyKenton
SubdivisionLatonia
Zip Code41015
School DistrictCovington Independen
Listing Number515855
Property Features
BasementFull
GarageNone
ParkingOn Street
WindowsAluminum, Vinyl, Wood
HeatingGas
CoolingWindow Unit
FireplaceBrick, Dummy, Inoperable, Wood
Multi-Family Information
Total UnitsMulti Family
Efficiency Units31x100
1 Bedroom Units4
Separate Gas & ElecYes
Separate Furnace/ACNo/Yes
Gross Income$13,393.00
Net Operating Income$3,604.00


Additional Information
Levels2 Story
ConstructionStucco
Lot Dimensions31x100
GasNatural
WaterPublic
SewerPublic
FoundationStone
OccupancyTenant Right
Age98
Additional Features
AppliancesOven/Range, Refrigerator


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This listing courtesy of RE/MAX Preferred Group. All Information is believed accurate, but is NOT guaranteed.
The data relating to the real estate for sale on this web site comes in part from the Broker Reciprocity program of the Northern Kentucky Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than Hoeting Realtors are marked with the Broker Reciprocity logo or Broker Reciprocity house icon. The properties displayed may not be all the properties available through Broker Reciprocity.