STATUS: OFF-MARKET
Portfolio Sale – Denver Residential | Glenn Residential | Newport Mixed-Use
Property & Location Highlights:
- Single-family home in Covington, KY
- Fully renovated
- Two bedrooms, one and a half bathrooms
- A new lease was signed for one year starting August 1, 2022
- $1,400/month | $16,800 annually
- Tenant responsible for all utilities
- Walking distance to Holy Cross High School
- Two miles to I-275, five miles to Downtown Cincinnati, and 17 minutes to CVG Airport
Fully Renovated Single-Family Rental Residence in Covington for Sale
Discover this beautifully renovated single-family home in the heart of Covington, KY. This charming residence features two bedrooms and one and a half bathrooms. It checks all the boxes to make an inviting and comfortable living space for tenants.
The property’s appeal is amplified by a new lease signed for one year, commencing on August 1, 2022. With a steady rental income of $1,400 per month, amounting to $16,800 annually, it presents a promising investment opportunity. Furthermore, the tenant is responsible for all utilities, ensuring a hassle-free landlord experience.
In terms of location, the property’s strategic positioning is a standout feature. It’s just two miles from I-275, providing quick and easy access to the surrounding region. Additionally, it’s only five miles from Downtown Cincinnati. It’s a compelling choice for tenants who appreciate urban proximity. This fully renovated single-family home is a lucrative investment with an established tenant.