Share this with your friends
+15135154434
Coldwell Banker Realty
1419 Sleepy Hollow Road, Covington, KY 41011
- $1,485,000
- 2,900
- SqFt
- Sold Price
- $1,485,000
- List Price
- $1,495,000
- Status
- SOLD
- MLS#
- 623624
- Closing Date
- Aug 12, 2024
- Levels
- Two
- Region
- K07 - Cr Sp/Cr Pk/Ft Wr/Kent Hi/Park Hi/Villa Hi
Property Description
**Turnkey 12-Unit Apartment Complex for Sale in Prime Location** Exceptional investment opportunity awaits! Well-maintained property offers immediate rental income & strong potential for future growth, a perfect addition to any real estate portfolio. The complex comprises12 units, renovated w/in the last 18 months. 10 are leased, 1 is vacant for showing (tenants will be placed) & 1 is being renovated. Each unit features 2 bedrooms, 1 bathroom, updated electric, new appliances & in unit laundry. Conveniently located in a vibrant & established neighborhood near highways, transportation, shopping, schools & dining. 3 new boilers, updated plumbing & electrical, fresh paint, & modern interior finishes. On-site parking for residents, enhancing appeal & convenience. High occupancy rate, several long term tenants & competitive rental rates = strong & consistent cash flow. A standout benefit of this property is the option to retain the professional property mgmt. TREO has a track record w/tenants & the ability to maximize income by maintaining high occupancy & ensuring property stays in top condition. Enjoy a seamless transition without the stress of finding new mgmt.
Additional Information
- Acres
- 0.30
- Construction
- Brick
- Roof
- Shingle
- Appliances
- Washer/Dryer Stacked, Gas Oven, Refrigerator
- Cooling
- Wall Unit(s)
- Heating
- Natural Gas
- Sewer
- Public Sewer
- Water
- Public
- School District
- Kenton Co Public
Listing courtesy of TREO REALTORS. 513-731-8736
Courtesy of Brett Keppler with TREO REALTORS 513-731-8736