612 Monroe Street
Newport, KY 41071
Suburb: Newport
$845,000
3,787sqft
Active

Saved

Fantastic investment opportunity with this 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 MultiFamily
Style Apartment
Suburb Newport
Zip Code 41071
School District Newport Indep
MLS# 631377

Additional Information

LevelsThree Or More
ConstructionBrick
Lot Dimensions30x115
Total Acres0.08
WaterPublic
SewerPublic Sewer
FoundationStone
Semi-Annual Taxes

Property Features

Property SqFt.3,787
BasementFull
Cars0
ParkingOn Street
WindowsVinyl Clad Window(s), Vinyl Frames, Wood Frames
HeatingBaseboard, Forced Air
CoolingCentral Air, Window Unit(s)

Additional Features

AppliancesDishwasher, Dryer, Refrigerator, Tankless Water Heater, Washer, Gas Oven, Gas Range, Stainless Steel Appliance(s), Electric Oven, Electric Range

Multi-Family Information

Total Units6

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612 Monroe Street

Newport, KY 41071

Photo of 612 Monroe Street, Newport, KY 41071

MultiFamily: Apartment

Listing # 631377

Agent Remarks:

Fantastic investment opportunity with this 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

All information is believed accurate, but NOT guaranteed.
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