$1,250,000
$1,295,000
3.5%For more information regarding the value of a property, please contact us for a free consultation.
920 Washington Avenue #918 Newport, KY 41071
7,903 SqFt
Key Details
Sold Price $1,250,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 7,903 sqft
Price per Sqft $158
MLS Listing ID 630820
Sold Date 05/15/25
Year Built 1890
Lot Size 8,538 Sqft
Property Sub-Type Multi Family
Property Description
15 unit apartment building in the Historic District of Newport that has been completely renovated three years ago. Plumbing, electric, HVAC and roof are all updated. Property stays rented over 95 percent occupancy annually. Every unit has tiled showers, new kitchens and appliances. There is coin laundry in the common area. There is a parking lot behind the building for 15 vehicles. The property is very easy to rent with low turnover and still has years of low maintenance and cap X due to the recent renovation. Before showing the property, buyers must send a LOI based off the T12 and rent roll. Property is fully occupied. 48 hour notice for showings.
Location
State KY
County Campbell
Rooms
Basement Full
Interior
Heating Natural Gas, Electric, Forced Air
Cooling Central Air
Fireplaces Number 15
Fireplaces Type Brick, Inoperable
Laundry Coin Laundry
Exterior
Parking Features Parking Lot
Utilities Available Sewer Available, Water Available
View Y/N N
Roof Type Membrane
Building
Story Three Or More
Foundation Block
Sewer Public Sewer
Level or Stories Three Or More
New Construction No
Schools
Elementary Schools Newport Elementary
Middle Schools Newport Intermediate
High Schools Newport High
Others
Special Listing Condition Standard
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