612 Monroe Street
Newport, KY 41071
Suburb: Newport
$845,000
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Fantastic investment opportunity with this well maintained 6-unit building in Newport's East Row Historic District. Three 2-bed units, two 1-bed units and a studio. Most units have updated kitchens and bathrooms. One unit even has its own private patio! Onsite laundry. Just a half mile from Newport on the Levee and the Monmouth Street Historic District - tenets love the convenient location! Seller has increased rents and 2025 EOY rents are projected to be $78,000. Must show approval letter or proof of funds before scheduling a showing. Please give a 48 hr notice as units are occupied. If available, listing agent will be present for showings. Building was inspected by 1st Inspection Services and report is available. **Photos taken between tenets. Units are currently occupied.

Directions

From Newport on the Levee, 3rd St to right on Washington to left on E 6th to right on Monroe St.

Property Details

General Information

Property Type Commercial Sale
Style Business
Suburb Newport
County Campbell
Zip Code 41071
MLS# 629670

Additional Information

No. of Buildings1
Semi-Annual Taxes

Property Features

ConstructionBrick, Brick Veneer
Lot Dimensions30x115
WaterPublic
SewerPublic Sewer
FoundationStone

Additional Features

BasementFull
ParkingOn Street
WindowsVinyl Clad Window(s), Wood Frames
HeatingBaseboard, Central
CoolingCentral Air, Window Unit(s)

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612 Monroe Street

Newport, KY 41071

Photo of 612 Monroe Street, Newport, KY 41071

Commercial Sale: Business

Listing # 629670

Agent Remarks:

Fantastic investment opportunity with this well maintained 6-unit building in Newport's East Row Historic District. Three 2-bed units, two 1-bed units and a studio. Most units have updated kitchens and bathrooms. One unit even has its own private patio! Onsite laundry. Just a half mile from Newport on the Levee and the Monmouth Street Historic District - tenets love the convenient location! Seller has increased rents and 2025 EOY rents are projected to be $78,000. Must show approval letter or proof of funds before scheduling a showing. Please give a 48 hr notice as units are occupied. If available, listing agent will be present for showings. Building was inspected by 1st Inspection Services and report is available. **Photos taken between tenets. Units are currently occupied.

Driving Directions:

From Newport on the Levee, 3rd St to right on Washington to left on E 6th to right on Monroe St.

Dennis Hutchinson

Dennis Hutchinson

859-803-6315

nkyhomeseller@gmail.com

Comey & Shepherd

2216 Dixie Highway Suite 100

Fort Mitchell, KY 41017

859-415-2556

Price $845,000
Suburb Newport
County Campbell
Zip Code 41071
No. of Buildings1
Semi-Annual Taxes
ConstructionBrick, Brick Veneer
Lot Dimensions30x115
WaterPublic
SewerPublic Sewer
FoundationStone
BasementFull
ParkingOn Street
WindowsVinyl Clad Window(s), Wood Frames
HeatingBaseboard, Central
CoolingCentral Air, Window Unit(s)

All information is believed accurate, but NOT guaranteed.
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