328 Bush StreetCovington, KY 41011

Multi Unit - Multiple MLS 640239 Pending
3 beds 3 full baths 1,920 sqft
$250,000
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Listed By

Agency Name: eXp Realty, LLC
Agency Phone: 888-624-6448

Shown By

Agent Name: Conor Hix
Agent Phone: (614) 674-1255
Agency Title: Cutler Real Estate

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Property Description

Welcome to 328 Bush Street in Covington (41011) -- where smart ownership meets opportunity.This three-unit triplex is perfectly positioned for a buyer who wants more than just a place to live. Our main goal here? House hack it. Live in one unit and let the other two help cover your mortgage. Instead of carrying 100 percent of your housing cost alone, you step into ownership with built-in support.Current rents are strong: the front first-floor unit brings in $1,100 per month, the rear first-floor unit rents for $900, and the upstairs unit commands $1,600 if not owner-occupied. Thats up to $3,600 per month in gross income potential. If you live upstairs, the two lower units generate $2,000 monthly to offset your payment.At a list price of $250,000, this creates an approachable entry point for a young buyer, first-time homeowner, or savvy investor who understands long-term strategy. Instead of asking, Can I afford this mortgage? the better question becomes, How much of my mortgage is already covered?The owner currently pays all utilities. Significant improvements have been completed across all three units, including renovated kitchens and bathrooms, updated flooring, refreshed doors and entry points, and an exterior deck that adds usable outdoor space and tenant appeal. Located in desirable 41011, close to downtown Cincinnati and everything Covington offers, demand for well-maintained rental units remains strong.Live in it now. Let it support you. Move later and convert to a fully income-producing property. Three units. Multiple income streams. A strategy that grows with you.

328 Bush Street | MLS# 640239

This multi-family property located at 328 Bush Street, Covington, KY 41011 is currently listed for sale with an asking price of $250,000. Bush Street is located within the Covington Indep school district. Search Covington real estate on chix.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Days on Market: 9
Heating: Natural Gas, Forced Air
Lot Size: 0.05 Acres
Roof Type: Shingle
Stories: 2.0

Feature Descriptions

Appliances: Gas Cooktop, Electric Oven, Refrigerator
Exterior: Brick
Foundation: Block
Lot Dimensions: 89x25
Parcel Number: 054-42-01-018.00
Parking: On Street
Property Condition: Existing Structure
Sewer: Public Sewer
Structure Type: Triplex
Sub Type: Multi Family
Units: 3
Utilities: Cable Available, Natural Gas Available, Sewer Available, Underground Utilities, Water Available
Water: Public
Window: Insulated Windows

Local Schools

High School: Holmes Senior High
Middle School: Holmes Middle School
Elementary School: John G. Carlisle Elementary
School District: Covington Indep

Estimate Your Payment

Estimated Payment

$ 1,292.67 per month $1,219.75 Principal & Interest $0.00 Property Tax (data not provided by mls) $72.92 Homeowner's Insurance

Change Payment Information

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