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Listed by Plum Tree Realty
$ 199,900
Est. payment /mo
Pending
1209 W Pike Street Covington, KY 41011
3 Beds
2 Baths
2,260 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Pending
Purchase Type For Sale
Square Footage 2,260 sqft
Price per Sqft $88
MLS Listing ID 641770
Bedrooms 3
Full Baths 2
Year Built 1910
Lot Size 6,130 Sqft
Property Sub-Type Multi Family
Property Description
Large corner lot all the way up the street! Fully rented and ready to perform. This duplex in Covington is a turnkey opportunity for any investor looking to add immediate cash flow to their portfolio. The property features a well-laid-out efficiency unit on the lower level and a spacious 3-bedroom, 1-bath unit upstairs, offering strong rental appeal across multiple tenant types. Both units are currently leased, providing instant income from day one.
With ample off-street parking this a rare find for multi-family properties in this area. Tenants enjoy added convenience and long-term desirability. Even better, this property meets the sought-after 1 percent rule, making it a solid addition for investors focused on performance and returns.
Whether you're expanding your portfolio or securing your first multi-family investment, this Covington duplex checks all the boxes. Additional property available for sale to accommodate a 1031 exchange investor.
With ample off-street parking this a rare find for multi-family properties in this area. Tenants enjoy added convenience and long-term desirability. Even better, this property meets the sought-after 1 percent rule, making it a solid addition for investors focused on performance and returns.
Whether you're expanding your portfolio or securing your first multi-family investment, this Covington duplex checks all the boxes. Additional property available for sale to accommodate a 1031 exchange investor.
Location
State KY
County Kenton
Rooms
Basement Basement
Interior
Heating Natural Gas, Baseboard, Electric, Forced Air
Cooling Window Unit(s)
Exterior
Parking Features Driveway, No Garage, Off Street
View Y/N N
Roof Type Shingle
Building
Story Two
Foundation Block
Sewer Public Sewer
Level or Stories Two
New Construction No
Schools
Elementary Schools John G. Carlisle Elementary
Middle Schools Holmes Middle School
High Schools Holmes Senior High
Others
Special Listing Condition Standard