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Covington 5-Plex 1615 Maryland Ave 5 Unit Apartment Building $325,000 ($65,000/Unit) Covington, KY 41014
Executive Summary
5-Plex in Covington's Austinburg neighborhood being offered for sale AS-IS. Currently vacant and mid-renovation.
One - 2BR/1BA
One - Efficiency
Three - 1BR/1BA
Awesome investment for the right owner. Covington's home values continue to rise.
One - 2BR/1BA
One - Efficiency
Three - 1BR/1BA
Awesome investment for the right owner. Covington's home values continue to rise.
Property Facts
| Price | $325,000 | Building Class | C |
| Price Per Unit | $65,000 | Lot Size | 0.04 AC |
| Sale Type | Investment | Building Size | 4,126 SF |
| No. Units | 5 | Average Occupancy | 0% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1905 |
| Price | $325,000 |
| Price Per Unit | $65,000 |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.04 AC |
| Building Size | 4,126 SF |
| Average Occupancy | 0% |
| No. Stories | 3 |
| Year Built | 1905 |
Amenities
Unit Amenities
- Washer/Dryer Hookup
- Eat-in Kitchen
- Refrigerator
- Range
- Walk-In Closets
- Basement
- Pantry
- Large Bedrooms
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | - | - |
| 1+1 | 3 | - | - |
| 2+1 | 1 | - | - |
1 1
Moderately walkable
70/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 055-31-09-021.00 | Improvements Assessment | $100,000 |
| Land Assessment | $20,000 | Total Assessment | $120,000 |
Property Taxes
Parcel Number
055-31-09-021.00
Land Assessment
$20,000
Improvements Assessment
$100,000
Total Assessment
$120,000
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Street
Map
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Contact the Sale Advisor
Covington 5-Plex | 1615 Maryland Ave