1124 Holman Avenue Covington KY 41011

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1124 Holman Avenue

Covington, KY 41011

Suburb: Covington

$635,000

2,120sqft

Active

Listing Agent

Rebecca Weber

859-468-2544

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Shawn Masters

859.393.0383

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Rebuilt from the ground up! This unique Covington building has been painstakingly reimagined into a turnkey 3 family in the exciting Westside Neighborhood. Steps from cool restaurants and a short walk to Mainstrasse and Downtown, you'll have no trouble building your rental empire here. Perfect for an owner occupant who wants to offset living expenses with strong rental income. All units are fully equipped with separate HVAC systems, in unit laundry hook ups, private entrances and high-quality kitchens and baths. Two 1 bedroom/1 bath units (currently rented/occupied) and One 2 bedroom/2 bath unit. with a nice deep yard. Schedule your showing today!

Directions

75 to Covington to east on MLK Jr Blvd, left on Holman

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Property Details

General Information

Property Type	MultiFamily
Style	Multi Family
Suburb	Covington
Zip Code	41011
School District	Covington Indep
MLS#	611293

Additional Information

Levels	Two
Construction	HardiPlank Type
Lot Dimensions	29x120
Total Acres	0.08
Water	Public
Sewer	Public Sewer
Semi-Annual Taxes

Property Features

Property SqFt.	2,120
Basement	Full
Cars	0
Parking	On Street
Windows	Vinyl Clad Window(s)
Heating	Forced Air, Natural Gas
Cooling	Central Air, Multi Units

Additional Features

Multi-Family Information

Total Units	3

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You can calculate the mortgage loan amount from the price of the real estate by providing the down payment percentage.

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Points, Annual Property Taxes, Annual Insurance and Private Mortgage Ins. (PMI) are all optional. If you enter values, the periodic portion of each will be calculated and shown on the schedule. Property taxes and insurance are combined under escrow.

If a borrower does not have cash to cover at least 20% of the purchase price, some lenders will require the borrower to purchase private mortgage insurance (PMI) to cover against a possible default. Premiums are typically 0.5% to 2.0% of the original loan amount. The borrower can drop the insurance coverage once the mortgage balance is less than 80% of the original purchase price. The calculator handles this automatically. (There may be other conditions as well under which the lender will no longer require PMI. One such case might be apprciation of the real estate.)

Points are charges that are normally due at closing. Borrowers (normally only in USA) may select to pay a lender "points" up front in exchange for a lower interest rate. Points are expressed in percent and are calculated on the amount borrowed. 3 points on a $200,000 mortgage equals $6,000. If the user enters points, this calculator includes their value in the summary and as part of the total payment at loan origination on the payment schedule.

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Need more options including the ability to solve for other unknowns, change payment / compounding frequency and the ability to print an amortization schedule? Please visit, https://AccurateCalculators.com/mortgage-calculator

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 Comey & Shepherd Realtors 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.

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