$398,000
$381,900
4.2%For more information regarding the value of a property, please contact us for a free consultation.
721 Washington Avenue Newport, KY 41071
5 Beds
4 Baths
3,089 SqFt
Key Details
Sold Price $398,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,089 sqft
Price per Sqft $128
MLS Listing ID 637506
Sold Date 12/03/25
Bedrooms 5
Full Baths 4
Year Built 1901
Lot Size 3,093 Sqft
Property Sub-Type Multi Family
Property Description
Capitalize on the strong rental market with this expertly maintained triplex in the historic East Row of Newport. Immediate cashflow! This property provides an excellent investment. Every unit is upgraded with individual Central AC & Furnace systems, hardwood floors, and updated kitchens.
The desirable unit mix includes two large 2-bedroom units and one updated 1-bedroom unit, all with private entrances. The First Floor (2-Bed, 2-Bath) unit offers a contemporary kitchen and private porch. The Second Floor (2-Bed, 1-Bath) unit offers private deck access with seasonal views. The Third Floor (1-Bed, 1-Bath) unit features a modern kitchen and updated bath. Shared laundry on the lower level and readily available on-street parking complete this smart investment package.
Location
State KY
County Campbell
Rooms
Basement Partial
Interior
Heating Natural Gas
Cooling Central Air
Fireplaces Number 1
Fireplaces Type Inoperable
Laundry In Basement
Exterior
Exterior Feature Balcony
Parking Features On Street
Utilities Available Cable Available, Natural Gas Available, Sewer Available, Water Available
View Y/N N
Roof Type Shingle
Building
Story Three Or More
Foundation Stone
Sewer Public Sewer
Level or Stories Three Or More
New Construction No
Schools
Elementary Schools Npt Primary Intermed
Middle Schools Newport Intermediate
High Schools Newport High
Others
Special Listing Condition Standard
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