35 W 32nd Street

    Covington, KY 41015
    • $650,000
    • STATUS: Active
    • ON SITE: 115 days
    • MLS #: 513872
    UPDATED: 37 min ago
    $650,000
    • 0
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    Unique Portfolio offering - 9 Buildings with a total of 20 units. Well maintained units with a Cap Rate of 10.65%, Excellent return, Fully Leased! NOI is estimated based upon the actual in place leases with an 8% vacancy and collection loss and a 40% expense ratio. All buildings have been remodeled with numerous updates of new roofs, windows, HVAC, etc.

    Monthly Payment Calculator


    © 2018 Northern Kentucky Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Northern Kentucky Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than Apex Realty Group at Keller Williams Realty Services are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Information Deemed Reliable But Not Guaranteed. All data provided is copyrighted by the Northern Kentucky Multiple Listing Service, Inc. Its use is strictly for consumers of real estate and may only be displayed on the internet by participating members of the Northern Kentucky Multiple Listing Service. All attempts to illegally reproduce or host this data will be prosecuted to the fullest extent of the law. Data last updated: 2018-07-17T14:50:18.447.
    www.searchnorthernkentucky.com/homes/81960054

    35 W 32nd Street Covington, KY 41015

    • Price: $650,000
    • Status: Active
    • Updated: 37 min ago
    • MLS #: 513872
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    Neighborhood:
    Kentonvale/Latonia
    County:
    Kenton
    Area:
    Kentonvale/Latonia
    Property Description
    Unique Portfolio offering - 9 Buildings with a total of 20 units. Well maintained units with a Cap Rate of 10.65%, Excellent return, Fully Leased! NOI is estimated based upon the actual in place leases with an 8% vacancy and collection loss and a 40% expense ratio. All buildings have been remodeled with numerous updates of new roofs, windows, HVAC, etc.
    Exterior Features

    Construction AluminumVinyl Roof MembraneShingle

    Interior Features

    Basement Type Full Cooling Wall Unit Flooring Vinyl Heating Forced AirGas Levels 2 Story

    Property Features

    Access Roads Public Agreement Type Exclusive Right Business Only No Documents Available InventoryOperating StmtRent Roll Easements Not Applicable Foundation Block Gas Natural Gross Income 135000 Lot Dimensions 40X20 Lot Square Footage 5227.2 Net Operating Income 74520 New Construction No Occupancy Negotiable Owner Pays GasInsuranceSewerTaxesTrash RemovalWater Property For Lease No Property Ownership Agent/Owner Property Type Investment Sewer Public Special Financing Yes Suburb Latonia Tax Id Number 056-13-15-002.00 Tax Rate 18.85 Tenant Pays Electric Total Buildings 9 Water Source Public Zoning Residential

    Courtesy of Realty Executives Select. © 2018 Northern Kentucky Multiple Listing Service, Inc. All rights reserved. Information has not been verified, is not guaranteed, and subject to change.

    © 2018 Northern Kentucky Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Northern Kentucky Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than Apex Realty Group at Keller Williams Realty Services are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Information Deemed Reliable But Not Guaranteed. All data provided is copyrighted by the Northern Kentucky Multiple Listing Service, Inc. Its use is strictly for consumers of real estate and may only be displayed on the internet by participating members of the Northern Kentucky Multiple Listing Service. All attempts to illegally reproduce or host this data will be prosecuted to the fullest extent of the law. Data last updated: 2018-07-17T14:50:18.447.
     
    Apex Realty Group at Keller Williams Realty Services
    2216 Dixie Hwy, Suite 100
    Fort Mitchell KY, 41017