3439 Decoursey Avenue Covington KY 41015

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3439 Decoursey Avenue

Covington, KY 41015

Suburb: Covington

$469,000

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New Listing

Calling all entrepreneurs!!!This massive mixed use building is ready for multiple businesses to build out their dream store fronts/cafe & restaurants. A residential 3 bedroom, 2 full bath apartment sits atop the 3,000sq ft business space, that has been partially built out for 3 business spaces. Bar, cafe/ bakery and coffee shop. With ample parking in the back, there is a great space for outdoor walk up window service for food truck nights. The possibilities are endless with this building and the great part is that the tough part of work is already completed. 5 separate meters. Come make this your own.

Directions

275 west to Covington, Taylormill exit

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Property Details

General Information

Property Type	Commercial Sale
Style	Mixed Use
Suburb	Covington
County	Kenton
Zip Code	41015
MLS#	631487

Additional Information

No. of Buildings	1
Levels	Two
Semi-Annual Taxes

Property Features

Construction	Other
Lot Dimensions	44.7'X 146.45'
Water	Public
Sewer	Public Sewer
Foundation	Stone

Additional Features

Basement	Partial
Heating	Forced Air
Cooling	Central Air

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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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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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