REAL ESTATE AUCTION
10/04/2007Absolute Real Estate AuctionFour Multi Family Properties
10/04/2007
1417*1420*1421*1422
Greenup Street
Covington, Kentucky
Absolute Real Estate Auction
No Minimums*No Reserves*No Starting Prices
Four Multi Family Properties
- 1417 Greenup Street
- This three family classic Second Empire style home features the customary Mansard Roof and wonderful wrap around Grand Veranda. The impressive interior features 11 ft. ceilings, crown molding, hardwood floors, elaborate fireplace mantels & floor to ceiling windows. Currently the property has one two-bedroom apartment on each of the three floors. The first floor apartment has recently been remodeled. The second and third floor two-bedroom apartments are presently being remodeled and are approximately 50% complete. A very nice brick two-car garage is accessible from the rear alley. Estimated total potential gross monthly rental is $2,395.
- These charming Federal style brick two stories share a common wall and are mirror images of each other. Each duplex consists of an updated two bedroom and three-bedroom apartment. Estimated potential gross monthly rental is 1420- $1,050 * 1422- $1,175
1420 & 1422 Greenup Street
- This low maintenance solid brick two story is on a large 65 ft. x 130 ft. corner lot. Quality construction is evident throughout the building. The property is comprised of four, six room, two bedroom apartments. The four nice apartments all have newer updated kitchens, probable Rookwood fireplaces and hardwood floors. The estimated potential gross monthly rental is $2,500.
1421 Greenup Street
Each Apartment has a Gas Forced Air Furnace with Central Air Conditioning and separate gas and electric meters.
AUCTIONEERS NOTE: We will offer the four properties using the Multi-Parcel Infinity Bidding System. This auction method consists of two rounds of bidding. In the first round the four parcels will be offered individually, one at a time. In the second round, the bidders may bid on any parcel combinations of their choosing. This format allows the bidders to determine, “in what parcel combinations the property will be sold”.
Property information packets are available below in PDF or by calling 513-724-1133.
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