425 Lehmer Street Covington, KY 41011
2 Beds
2 Baths
1,580 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Pending
Purchase Type For Sale
Square Footage 1,580 sqft
Price per Sqft $205
MLS Listing ID 642131
Bedrooms 2
Full Baths 2
Year Built 1910
Lot Size 2,225 Sqft
Property Sub-Type Multi Family
Property Description
This all-brick historic duplex in the heart of Covington is a proven short-term rental with 150 Airbnb reviews and a 4.8-star combined rating across both units. That income history is real, documented, and transferable to a new owner from day one.
Two independent 1BR/1BA units, each with a private entrance, its own kitchen, full bath, and individual HVAC. Separate electric and gas meters. Stackable laundry in each unit stays. Shared basement and backyard.
The setup: live in one unit, run the other as a short-term rental, and watch your cost of ownership shrink. A professional property management company is already in place for a seamless transition, or self-manage and keep more of the returns. Want to run both as STRs? The infrastructure and the reviews are already there.
Three strategies. One property. House hack it, Airbnb both, or convert to long-term rentals. The numbers support all three.
Steps from Mainstrasse Village, Covington's most walkable entertainment district. Minutes to downtown Cincinnati, major highways, and CVG Airport.
A proven, turnkey income property with a track record that speaks for itself. Schedule your showing today.
Location
State KY
County Kenton
Rooms
Basement Full
Interior
Heating Natural Gas, Forced Air
Cooling Central Air
Exterior
Parking Features On Street
Utilities Available Cable Available, Natural Gas Available, Sewer Available, Water Available
View Y/N Y
View City, Neighborhood
Roof Type Membrane,Built-Up
Building
Story Two
Foundation Stone
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