1821 Greenup St Covington KY property detail sheet including improvements since 2009. And please visit www.tristatediscountrealestate.com for more details and to be added to our preferred buyers list. • 1821 Greenup is currently set up as a duplex with a 3+ bed room unit on the first floor and a 2 bed room unit with a bonus room and additional storage on the second floor. • Lot size is huge at 30x146 • Home is full brick all the way to back to rear bedrooms • Home has functioning replacement windows throughout the property • Home boosts a huge, full basement • Property has a rare 3 car garage with 3 bays and 3 doors for additional rental income o Average rent per bay is between $75-100 each bay • Entire home was previously rented for $1500/month to a family and this didn’t include the garage o Home was rented to the above family for just short of 6 years and as recently as 9/15/16. • Rents for a 3 bedroom are $900/month and 2 bedrooms are $750/month. • Totals rents if you included the garage at $75/bay would = $1875 • Each unit only needs about a $5k investment to get back to rent ready • Cash purchase price is $59,500 and is being sold “As Is” Improvements to property since 2009 are below 1. Complete tear off and roof replacement including relining gutters where needed and/or re-soldering seems and painting entire gutter system around home. This was done about 4 months ago 2. New water heater 2 years ago 3. Kitchens and bathrooms were updated to be rent ready including minor plumbing work, replaced of tubs, toilets, tile work, flooring, all fixtures and cabinets. 4. Drop ceilings where removed from almost every room in the home after purchase in 2009 5. Extensive drywall work was performed after removal of drop ceilings 6. New gas lines to stoves and new electric to refrigerators in both kitchens 7. Refreshed high 90% furnace with new blower motor, electric board, A coil cleaned and checked and new capacitors on condenser. Condenser was also charged at that time. 8. Rubber roof on garage about 6 years ago. 9. Total investments above was well over $25,000. And please visit www.tristatediscountrealestate.com for more details and to be added to our preferred buyers list.
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