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Street View
$595,000
-- Bed
- -- Bath
4,564sqft
1002-1004 Central Ave, Newport, KY 41071
$595,000
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Multi Family
Built in 1883
$-- HOA
0.07 acre lot
$130/sq.ft
Description
Fully leased 4-unit multifamily investment opportunity at 1002,1004 Central Avenue in Newport, KY. Attractive unit mix consisting of two 2BR/1BA apartments and two 3BR/1BA apartments. Current scheduled rents total $6,101/month ($73,212 annually). Two of the four units are occupied by long-term tenants, providing established rental history and stability, with further rent upside that can be captured as leases renew.
Both second-floor units are currently configured as 3BR/1BA apartments and each includes additional unfinished space offering further value-add potential. Subject to applicable approvals, this space could potentially be finished to create either a 4BR/1BA or...
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1883
HOA Fees
-
Finished Area
4,564 sqft
Lot Size
0.07 acre lot
Basement Area
- sqft
MLS Name
Northern Kentucky Multiple Listing Service
MLS Number
645649
MLS Status
Active
Days on Market
13
Cumulative Days on Market
2
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