1324 Highway Avenue Covington KY 41011

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1324 Highway Avenue

Covington, KY 41011

Suburb: Covington

$130,000

4bd

1 - 0ba

1,392sqft

Under Contract

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FLIP THIS HOUSE! Great opportunity for an investor. Huge workshop in the sub basement. Finished LL. Lots of potential in this one.

Directions

Take exit 192; Right on Crescent Ave (Rt 8); Turn left up the hill. Property on the right just past the underpass.

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Property Details

General Information

Property Type	Residential
Style	Single Family Residence
Suburb	Covington
Zip Code	41011
School District	Covington Indep
MLS#	618212

Additional Information

Levels	Three Or More
Construction	Aluminum Siding
Architecture	Cottage
Lot Dimensions	36x125
Total Acres	0.12
Water	Public
Sewer	Public Sewer
Foundation	Poured Concrete
Semi-Annual Taxes

Property Features

Property SqFt.	1,392
Basement	See Remarks, Walk-Out Access, Unfinished, Bath/Stubbed
Cars	0
Parking	On Street
Windows	Vinyl Clad Window(s)
Heating	Forced Air, Natural Gas
Cooling	None
Fireplace	Inoperable

Additional Features

Appliances	Refrigerator, Electric Range
HOA Fee 1
HOA Fee 2
HOA Fee 3
Total Yearly HOA Fees

Room Information

	Dimensions	Level
Living	1 x 1	1
Dining	1 x 1	1
Kitchen	1 x 1	1
Family	1 x 1	Lower
Workshop	1 x 1	Basement

Bedroom Information

	Dimensions	Level
Master Bedroom	1 x 1	2
Bedroom 2	1 x 1	2
Bedroom 3	1 x 1	2
Bedroom 4	1 x 1	2

Bathroom Information

	Type	Level

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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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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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