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509 Madison Avenue

Covington, KY 41011
  • $650,000
  • STATUS: Pending
  • ON SITE: 25 Days
  • MLS #: 609280
Under Contract
UPDATED: 69 min ago
$650,000
  • 0
    BEDS
  • 0.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1904
County:

School Ratings & Info

Description

Fantastic investment opportunity in the heart of Covington's Downtown Commercial District. Located a block from Hotel Covington, two blocks from the IRS Redevelopment Site and only 5 blocks from the Ohio River. This 5 unit commercial building is equipped with roughly 5000 s.f. of renovated commercial space and 4 remodeled residential apartments. Building is much larger than it looks as it extends the full depth of the property line. Still plenty of value add projects to increase rent and decrease expenses. Come be a part of Covington's renaissance!

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© 2022 Northern Kentucky Multiple Listing Service, Inc. All rights reserved. The data relating to 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 Parker Real Estate Group | HUFF Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Information Deemed Reliable But Not Guaranteed. All data provided is copyrighted by the Northern Kentucky Multiple Listing Service, Inc. Its use is strictly for consumers of real estate and may only be displayed on the internet by participating members of the Northern Kentucky Multiple Listing Service. All attempts to illegally reproduce or host this data will be prosecuted to the fullest extent of the law. Data last updated: 2022-11-30T11:49:40.477.
www.searchnkyhomes.com/homes/134542006
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509 Madison Avenue Covington, KY 41011

  • Price: $650,000
  • Status: Pending
  • On Site: 25 Days
  • Updated: 69 min ago
  • MLS #: 609280
0
Beds
0
Baths
0
½ Baths
0.1
Acres
1904
Built
Neighborhood:
Covington North
County:
Kenton
Area:
Covington North
Property Description
Fantastic investment opportunity in the heart of Covington's Downtown Commercial District. Located a block from Hotel Covington, two blocks from the IRS Redevelopment Site and only 5 blocks from the Ohio River. This 5 unit commercial building is equipped with roughly 5000 s.f. of renovated commercial space and 4 remodeled residential apartments. Building is much larger than it looks as it extends the full depth of the property line. Still plenty of value add projects to increase rent and decrease expenses. Come be a part of Covington's renaissance!
Exterior Features

Attached Garage YN No Construction Materials BrickStoneStucco Parking Features Off Site Roof Membrane View City View YN Yes

Interior Features

Basement Partial Cooling Central Air Cooling YN Yes Flooring CarpetTileWood Heating Forced Air Heating YN Yes Living Area 8950

Property Features

Business Type ApartmentsBar/Tavern/LoungeBusinessCommercialProfessional ServiceProfessional/OfficeRestaurantRetail Cross Street 5th Lot Size Dimensions irregular New Construction YN No Owner Pays All UtilitiesCommon Area MaintenanceExterior MaintenanceInterior MaintenanceTaxesTrash Collection Property Class Commercial Property Sub Type Mixed Use Sewer Public Sewer Water Source Public Zoning Description Business

Courtesy of Sparen Realty: 859-991-6331. © 2022 Northern Kentucky Multiple Listing Service, Inc. All rights reserved. Information has not been verified, is not guaranteed, and subject to change.


© 2022 Northern Kentucky Multiple Listing Service, Inc. All rights reserved. The data relating to 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 Parker Real Estate Group | HUFF Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Information Deemed Reliable But Not Guaranteed. All data provided is copyrighted by the Northern Kentucky Multiple Listing Service, Inc. Its use is strictly for consumers of real estate and may only be displayed on the internet by participating members of the Northern Kentucky Multiple Listing Service. All attempts to illegally reproduce or host this data will be prosecuted to the fullest extent of the law. Data last updated: 2022-11-30T11:49:40.477.
 
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Parker Real Estate Group | HUFF Realty
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Florence KY, 41042