423-425 Russell Street Covington KY 41011 (MLS# 605949)

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423-425 Russell Street Covington KY 41011

Listing Information
Price	$850,000
Listing Number	605949

Driving Directions
71/75 to Pike to left on Russell.

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Agent Remarks
Location can't be beat. Just 1/4 block for the EXCITING redevelopment of the IRS site,( ''IRS site'' is a 23-acre piece of property a block from the Ohio River being cleared for a multi-use development. Details about the site's history, ongoing work, and the vision for its future can be found on the City's Covington Central Riverfront Development webpage) and steps to MainstrasseMadison entertainment & downtown. This 3 family boasts a large 2 level owner's unit w/ tons of space, 2nd is set up for an Air B and B and third is currently rented & will be vacant by 7/31/22. Beautiful space with updates throughout & all the history preserved within. New carpet on order and will be installed this month. This house & all the mechanicals beautifully-maintained. Gorgeous garden in the back could (if permitted) provide parking. Owners occupy 423/ 1sst fl 425 is airbnb. 1/22-8/22 ave income = $1850 but increased 5/22 so ave 5/22-8/22 = $2600/mo. 2nd floor unit will be vacant as of 7/31/22. Owner will advertise that unit for $1500-$1600/mo.

Agent Remarks

Location can't be beat. Just 1/4 block for the EXCITING redevelopment of the IRS site,( ''IRS site'' is a 23-acre piece of property a block from the Ohio River being cleared for a multi-use development. Details about the site's history, ongoing work, and the vision for its future can be found on the City's Covington Central Riverfront Development webpage) and steps to MainstrasseMadison entertainment & downtown. This 3 family boasts a large 2 level owner's unit w/ tons of space, 2nd is set up for an Air B and B and third is currently rented & will be vacant by 7/31/22. Beautiful space with updates throughout & all the history preserved within. New carpet on order and will be installed this month. This house & all the mechanicals beautifully-maintained. Gorgeous garden in the back could (if permitted) provide parking. Owners occupy 423/ 1sst fl 425 is airbnb. 1/22-8/22 ave income = $1850 but increased 5/22 so ave 5/22-8/22 = $2600/mo. 2nd floor unit will be vacant as of 7/31/22. Owner will advertise that unit for $1500-$1600/mo.

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General Information
Property Type	MultiFamily
Style	Multi Family
County	Kenton
Subdivision	Covington
Zip Code	41011
School District	Covington Indep
Listing Number	605949

Property Features
Basement	Full
Parking	On Street
Heating	Forced Air, Natural Gas
Cooling	Central Air, Multi Units
Fireplace	Brick, Ceramic

Multi-Family Information
Total Units	3
1 Bedroom Units	1
2 Bedroom Units	2

Additional Information
Levels	Two
Construction	Brick
Foundation	Stone

Additional Features
Appliances	Dryer, Dishwasher, Microwave, Refrigerator, Washer, Stainless Steel Appliance(s), Electric Oven, Electric Cooktop

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This listing courtesy of Pivot Realty Group. All Information is believed accurate, but is NOT guaranteed.

The data relating to the 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 Cincinnati Condo Connection are marked with the Broker Reciprocity logo or Broker Reciprocity house icon. The properties displayed may not be all the properties available through Broker Reciprocity.