1212-1234 W Pike Street Covington KY 41011

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1212-1234 W Pike Street

Covington, KY 41011

Suburb: Covington

$649,900

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Development opportunity with skyline views of Cincinnati in the heart of Covington Kentucky! Many uses available: Multi Unit buildings, Mixed Use, light commercial, Residential. Ample parking available from alley way off Hermes in rear of property. HIGH VISABILITY street Dixie Hwy/Pike St. 10 lots for sale together with the possibility of combining additional lots. See attached zoning opportunities. Included in sale: 041-33-06-018.00 1212 W PIKE ST, 041-33-06-015.00 1222 W PIKE ST, 041-33-06-014.00 1224 W PIKE ST, 041-33-06-013.00 1226 W PIKE ST, 041-33-06-012.00 1228 W PIKE ST, 041-33-06-011.00 1230 W PIKE ST, 041-33-06-010.00 1232 W PIKE ST, 041-33-06-009.00 1234 W PIKE ST, 041-33-06-030.00 1227 HERMES AVE and 1223 Hermes Ave

Directions

Exit 12th St, Turn North on Pike Street, property is on your left

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Property Details

General Information

Property Type	Land
Style	Multi Family
Suburb	Covington
County	Kenton
Zip Code	41011
School District	Covington Indep
MLS#	625531

Features

Lot Dimensions	230x100
Best For	Residential, Office, Professional/Office, Restaurant, Retail, Multi-Family, See Remarks
Water	Public
Sewer	Public Sewer
Semi-Annual Taxes

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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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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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