1316 Greenup Street Covington KY 41011

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1316 Greenup Street

Covington, KY 41011

Suburb: Covington

$215,000

0bd

0 - 0ba

2,280sqft

Active

This beautifully renovated property is in the heart of Covington, within a highly walkable neighborhood and just a short stroll from the area's vibrant entertainment districts. It presents an amazing investment opportunity, with the first floor open and ready for a new business build-out. The second and third floors offer flexibility, as they can be used for commercial purposes or converted into a spacious two-bedroom living space. Additionally, the property features a two-car garage and a large concrete patio behind the building. The property is available because the owner closed his business due to health issues.

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Property Details

General Information

Property Type	Commercial Sale
Style	Business
Suburb	Covington
County	Kenton
Zip Code	41011
MLS#	626356

Additional Information

No. of Buildings	2
Property SqFt.	2,280
Semi-Annual Taxes

Property Features

Construction	Brick
Lot Dimensions	Of Record
Total Acres	0.05
Water	Public
Sewer	Public Sewer
Foundation	Stone

Additional Features

Basement	Full
Parking	Garage, On Street, On Site
Windows	Display Window(s)
Heating	Forced Air, Natural Gas
Cooling	Zoned

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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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