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$ 225,000
Est. payment | /mo
5 Beds
5 Baths
4,356 SqFt
$ 225,000
Est. payment | /mo
5 Beds
5 Baths
4,356 SqFt
Key Details
Property Type Multi-Family, Commercial
Sub Type 5+ Units
Listing Status Active
Purchase Type For Sale
Square Footage 4,356 sqft
Price per Sqft $51
MLS Listing ID 966201
Bedrooms 5
Full Baths 5
Year Built 1920
Annual Tax Amount $2,052
Lot Size 7,840 Sqft
Lot Dimensions .18
Property Sub-Type 5+ Units
Property Description
Discover an exceptional investment opportunity in Covington, presenting a versatile 5-unit property perfect for investors or owner-occupants eager to build equity. The first-floor unit captivates with beautiful wood floors, elegant wood trim, and charming French doors, offering flexible living as a 2 or 3-bedroom residence. This unit provides the comfort of central air conditioning, a convenient washer and dryer hook-up, and inviting side porches for relaxation. Also situated on the first floor, the cozy 6 Walnut unit features one bedroom and its own private side porch, heated by electric baseboard. Ascend a gorgeous wood winding stairwell to access the three upper units, each comprising one bedroom and equipped with a gas furnace for consistent comfort. Apartment C boasts newly installed carpeting, adding a fresh appeal. The property benefits from several updates, including some newer windows, water heaters, and a roof installed approximately in 2013, ensuring a well-maintained and appealing environment for residents. This property offers a compelling blend of classic charm and practical updates in a desirable neighborhood. The rents are below current market value. The tenants pay electric and gas, are metered separately. Owner pays water and lawn care. All units come with range and refrigerator.
Location
State OH
County Miami
Zoning Commercial
Rooms
Basement Partial, Unfinished
Interior
Heating Forced Air, Heat Pump
Cooling None
Exterior
Parking Features None
Building
Structure Type Brick
Schools
School District Covington
Listed by Leis Realty Company
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