Large, 3 story brick on Central Avenue in Newport. 2,597 square feet.Large rooms. Tall ceilings. Can be a 3 or 4 bedroom depending on what you do with it. Plus, an extra room on the 3rd floor. Needs a full rehab. Had a roof leak but owners put on a new roof a few years back. House is vacant and on lockbox.
Several properties rehabbed on the street. House four doors down with same structure just sold for $177,500.
COMPS:
$177,500 – 1118 Central Avenue
$161,000 – 16 Broadway Street
***I am a licensed real estate agent in OH & KY. This property is under contract with my LLC, and I am assigning my interest in the contract.