ARCHIVED: East 38th Street Residential Investment

ARCHIVED: East 38th Street Residential Investment

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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.

  • Address:

    210 E 38th Street, Covington, KY 41015

  • County:

    Boone

  • Property Type:

    Residential Investment

  • Zoning:

    Residential

  • Sale Price:

    $185,000

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