About Tour Schools Neighborhood Places of interest Commute Home value Property history Market statistics

Exterior
Floorplan
Other
Entry Way
Living
Kitchen
Bedroom
Bath

140 W Pike St, Covington, KY 41011

$775,000
4
bed
5
bath
6,000
Sqft ($129/Sqft)

Multi-family for sale 233 days

$14K price drop

Movoto is helping 13 homebuyers near you

About 140 W Pike St

Property type Multi-family

Neighborhood

HOA fee $0/month

Lot size 3,184 Sqft

Parking 2 garage spaces

Rental estimate

Property description

This historic mixed-use building offers the perfect combination of charm, income, and location. Property is a great opportunity for commercial investors or work/live entrepreneurs. From W. Pike St., the 2,500+ sq ft. main level features two storefront entrances. From Russell St., residential tenants enjoy two private parking garages and the entrance to their 2nd-level condo with over 2,500 sq ft of living space, including four bedrooms and three full baths. From either street, you're just steps away from Covington's main attractions including Hotel Covington, Braxton Brewery, and Mainstresse Village! This beautiful historic Covington building has been previously approved for short term rental license (Airbnb, VRBO, etc.) and receives great foot traffic and visibility with over 7,500 cars passing by each day! A great investment opportunity awaits at this low-maintenance, cash-flowing property. Owner open to creative terms.

Listed by

Listing Agent - Haley Runion

Listing Office - Comey & Shepherd REALTORS

Source: Northern Kentucky AOR

MLS#636482 • last updated 1 week ago

Movoto checked Northern Kentucky AOR for data 6 minutes ago

Request a virtual or in-person tour

Overview
Cooling/AC	Central Air
Heating	Forced Air
Levels/Style	Two
MLS #	636482
Living Area	6000, Square Feet
SubType	Multi Family
Type	MultiFamily
Status	Active
Lot Size (SqFt)	3184
Lot Size (Acres)	0.07
Condition	Existing Structure

Interior
Total # of Bathrooms	5
# Full Baths	3
# Half Baths	2
# Bedrooms	4
Basement	Partial
Laundry	In Unit
Accessibility Features	None
Appliances	Washer/Dryer Stacked, Electric Range, Stainless Steel Appliance(s), Convection Oven, Dishwasher, Microwave, Refrigerator
Window Features	Vinyl Frames
Interior Features	Storage, Pocket Door(s), Walk-In Closet(s), Pantry, Open Floorplan, Granite Counters

Exterior
Foundation	Concrete Perimeter
Roof	Other
Construction	Brick
Parking Desc	Private, Garage
# Parking Spaces	2
# Garage Spaces	2
Lot Desc	Corner Lot

Amenities / Utilities
Utilities	Cable Available, Sewer Available, Water Available
Sewer/ Septic	Public Sewer
Electricity	200+ Amp Service, 440 Volts
Water Source	Public
Security Features	Smoke Detector(s)

Location
View	City
County	Kenton
Area	K01 - Covington North
Elementary School	John G. Carlisle Elementary
Middle School	Holmes Middle School
High School District	Covington Indep
High School	Holmes Senior High
APN	054-21-19-008.00
Zoning	Multi Family
Directions	At The Corner Of Pike & Russell In Covington, KY.t

Multifamily Details
Tenant Pays	Electricity, Gas, Heat
Owner Pays	Sewer, Water
Total # of Buildings	1
Total # of Units	4
Net Operating Income	55232
Expense: Insurance	11316
Expense: Trash	226
Expense: Water/ Sewer	5580
Gross Income	84900