805 Bakewell Street Covington KY 41011

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805 Bakewell Street

Covington, KY 41011

Suburb: Covington

$410,000

2,589sqft

Sold

Charming duplex in historic Mainstrasse! Unit 1 is leased for a year, offering immediate rental income. Features modern updates and classic appeal. Spacious living in Unit 2 with contemporary LVP flooring and in-unit laundry. Enjoy the vibrant neighborhood with cafes, shops and historic charm. Unit 1: 1 bedroom, 1 full bath, Unit 2: 2 bedroom, 2 full bath.

Directions

Main St to W 9th to Bakewell

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Property Details

General Information

Property Type	MultiFamily
Style	Multi Family
Suburb	Covington
Zip Code	41011
School District	Covington Indep
MLS#	625794

Additional Information

Levels	Three Or More
Construction	Brick
Lot Dimensions	25x100
Total Acres	0.06
Water	Public
Sewer	Public Sewer
Foundation	Stone
Semi-Annual Taxes

Property Features

Property SqFt.	2,589
Cars	0
Parking	On Street
Windows	Vinyl Frames, Wood Frames
Heating	Forced Air, Natural Gas
Cooling	Central Air
Fireplace	Brick, Inoperable

Additional Features

Appliances	Dishwasher, Dryer, Microwave, Refrigerator, Washer, Gas Range

Multi-Family Information

Total Units	2

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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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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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