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$840,000
423-425 Russell St 25 Unit, Covington, KY 41011
5 Beds
4 Baths
4,140 SqFt

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Location can't be beat. Just ¼ block for the EXCITING redevelopment of the IRS site,( ''IRS site'' is a 23-acre piece of property a block from the Ohio River being cleared for a multi-use development. Details about the site's history, ongoing work, and the vision for its future can be found on the City's Covington Central Riverfront Development webpage) and steps to MainstrasseMadison entertainment & downtown. This 3 family boasts a large 2 level owner's unit w/ tons of space, 2nd is set up for an Air B and B and third is currently rented & will be vacant by 7/31/22. Beautiful space with updates throughout & all the history preserved within. New carpet on order and will be installed this month. This house & all the mechanicals beautifully-maintained. Gorgeous garden in the back could (if permitted) provide parking. Owners occupy 423/ 1sst fl 425 is airbnb. 1/22-8/22 ave income = $1850 but increased 5/22 so ave 5/22-8/22 = $2600/mo. 2nd floor unit will be vacant as of 7/31/22. Owner will advertise that unit for $1500-$1600/mo.
  • Price:
  • $840,000
  • Bedrooms:
  • 5
  • Full Baths:
  • 4
  • Square Footage:
  • 4,140
  • Year Built:
  • 1846
  • Listing ID #:
  • 605949
  • Street Address:
  • 423-425 Russell St 25 Unit
  • City:
  • Covington
  • State:
  • Kentucky
  • Postal Code:
  • 41011
  • County:
  • Kenton
  • Community:
  • K01 - Covington North
  • Subarea:
  • K01 - Covington North
  • Listing Status:
  • Active
  • Listing Type:
  • MultiFamily
0
out of 5

Holmes Middle School
Public
School Grade Level 6-8
School Students 726 students
School Teachers 15 student/
teacher
n/a

JOHN G. CARLISLE ELEMENTARY
Public
n/a

HOLMES SENIOR HIGH
Public
  • Approximate Total Liveable Area:
  • 4140
  • Basement Description:
  • Full
  • Building Condition:
  • Existing Structure
  • Construction Description:
  • Brick
  • Dwelling Type:
  • Triplex
  • Exterior Features:
  • Fenced, Awning(s), Lighting
  • Fireplace:
  • Brick, Ceramic
  • Fireplace:
  • Yes
  • Interior Features:
  • Kitchen Island, Granite Counters, Eat-In Kitchen, Chandelier, Breakfast Bar, 220 Volts
  • Number Of Fireplaces:
  • 4
  • Number Of Units:
  • 3
  • Patio Description:
  • Patio
  • Stories:
  • Two
  • Total # Of Buildings:
  • 1
  • Total Building Square Footage:
  • 4140
  • Type Of Roof:
  • Membrane
  • View:
  • City
  • Windows:
  • Double Hung, Wood Frames
  • Year Built:
  • 1846
  • Lot Features:
  • Corner Lot
  • Days On Market:
  • 140
  • Originating Mls:
  • Northern Kentucky Multiple Listing Service
  • Owner Pays:
  • Sewer, Water
  • Tenant Pays:
  • Gas
  • Fence:
  • Metal, Privacy, Wood
  • Parking Description:
  • On Street
  • Cooling System:
  • Multi Units, Central Air
  • Existing Water:
  • Public
  • Has Central Air Conditioning:
  • Yes
  • Heating:
  • Forced Air
  • Sewage Type:
  • Public Sewer
  • Utilities:
  • Cable Available, Natural Gas Available
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By Lee Bledsoe of Pivot Realty Group
  • KYNKAR

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