Cash Flowing Rental in Covington, KY - Package Deal Potential

[Eric Sztanyo]

Package deal potential. 2 homes under contract within a few blocks in Covington, KY - just across from downtown Cincinnati, Ohio. Both are occupied for instant cash flow with room to raise rents. See the other Covington property here.

Get more details and see other home at http://www.sztanyoandsons.com/property/ or call Eric at (859) 412-1940.

Flip or hold as a rental. Beautiful, large brick home in Covington. 

Has current tenant who has lived here for 8 years, maintains the property well, and would like to stay. Rents have not been increased in several years and have room to go up. Currently rented at $800/month. Rentometer shows median rent of $995 and an average of $1,048 for a 4 bedroom in Covington.

Property is in great shape and current owner has made several improvements.

Or, you can choose to flip the property.

ARV = $125,000

ESTIMATED REHAB: $25,000

RECENT COMPS:

210 E 15th St,
5 beds 2 baths 2,907 sqft
$130,000, sold 09/07/17
1419 Scott St
3/2 2,034 sq ft
$117,000, sold 02/16/17

This Northern Kentucky property is under contract, and I am selling my interest in the contract to an assignee.

Details at http://www.sztanyoandsons.com/property/ or

Call Eric if interested at (859) 412-1940.