118 W 5th Street LC Covington KY 41011

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118 W 5th Street LC

Covington, KY 41011

Suburb: Covington

$750

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Active

Office space available for lease with two rooms and a kitchenette with on-site parking available in an adjacent parking lot. The space is located in the lower level of the building is accessible from a staircase in the main lobby.

Directions

I-75 North to 5th Street exit- property on left at 118 W 5th Street. Park in the adjacent parking lot to the right of the building.

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Property Details

General Information

Property Type	Commercial Lease
Style	Office
Suburb	Covington
County	Kenton
Zip Code	41011
MLS#	617119

Additional Information

No. of Buildings	1
Levels	Three Or More
Semi-Annual Taxes

Property Features

Construction	Brick
Lot Dimensions	100' x 190' IRR
Total Acres	0.4
Water	Public
Sewer	Public Sewer

Additional Features

Basement	Full
Parking	Parking Lot, Private, On Site
Windows	Other
Cooling	Central Air

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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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60 months = 5 years
120 months = 10 years
180 months = 15 years
240 months = 20 years
360 months = 30 years

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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