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$274,900
3 Wallace Ave, Covington, KY 41014
5 Beds
3 Baths
2,730 SqFt

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Great investment opportunity in coveted Wallace Woods neighborhood. Units 1 and 2 recently remodeled. Fully rented at $650, $850 and $850. The 2 bedroom units have leases until February and the 1 bedroom is month to month. Spacious units rented below market (could be substantially higher). All separate gas/electric! Owner pays water/sewer.
  • Price:
  • $274,900
  • Bedrooms:
  • 5
  • Full Baths:
  • 3
  • Square Footage:
  • 2,730
  • Acreage:
  • 0.05
  • Listing ID #:
  • 605293
  • Street Address:
  • 3 Wallace Ave
  • City:
  • Covington
  • State:
  • Kentucky
  • Postal Code:
  • 41014
  • County:
  • Kenton
  • Community:
  • K01 - Covington North
  • Subarea:
  • K01 - Covington North
  • Listing Status:
  • Active
  • Listing Type:
  • MultiFamily
1
out of 5

Sixth District Elementary School
Public
School Grade Level K-5
School Students 500 students
School Teachers 15 student/
teacher
0
out of 5

Holmes Middle School
Public
School Grade Level 6-8
School Students 726 students
School Teachers 15 student/
teacher
n/a

HOLMES SENIOR HIGH
Public
  • Approximate Total Liveable Area:
  • 2730
  • Basement Description:
  • Full
  • Building Condition:
  • Existing Structure
  • Construction Description:
  • Brick
  • Dwelling Type:
  • Triplex
  • Fireplace:
  • Decorative
  • Number Of Units:
  • 3
  • Patio Description:
  • Porch
  • Stories:
  • Three Or More
  • Total # Of Buildings:
  • 1
  • Total Building Square Footage:
  • 2730
  • Type Of Roof:
  • Shingle
  • Windows:
  • Vinyl Frames
  • Gross Income:
  • 28200
  • Lot Square Footage:
  • 2175
  • Days On Market:
  • 100
  • Originating Mls:
  • Northern Kentucky Multiple Listing Service
  • Owner Pays:
  • Sewer, Water
  • Tenant Pays:
  • Gas
  • Parking Description:
  • On Street
  • Cooling System:
  • Central Air
  • Existing Water:
  • Public
  • Has Central Air Conditioning:
  • Yes
  • Heating:
  • Forced Air
  • Sewage Type:
  • Public Sewer
  • Utilities:
  • Natural Gas Available, Sewer Available, Water Available
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By Cory Behm of RE/MAX Alliance Realty
  • KYNKAR

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