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425 Lehmer StreetCovington, KY 41011

Multi Unit - Multiple MLS 642131 Pending
2 beds 2 full baths 1,580 sqft
$324,900
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Listed By

Agency Name: Haven Homes Group
Agency Phone: 859-444-0180

Shown By

Agent Name: Rhesa Toth
Agent Phone: (330) 323-2432
Agency Title: Cutler Real Estate

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Property Description

What if your neighbor helped pay your mortgage? At 425 Lehmer Street, thats not a hypothetical. Its already happening.This all-brick historic duplex in the heart of Covington is a proven short-term rental with 150 Airbnb reviews and a 4.8-star combined rating across both units. That income history is real, documented, and transferable to a new owner from day one.Two independent 1BR/1BA units, each with a private entrance, its own kitchen, full bath, and individual HVAC. Separate electric and gas meters. Stackable laundry in each unit stays. Shared basement and backyard.The setup: live in one unit, run the other as a short-term rental, and watch your cost of ownership shrink. A professional property management company is already in place for a seamless transition, or self-manage and keep more of the returns. Want to run both as STRs? The infrastructure and the reviews are already there.Three strategies. One property. House hack it, Airbnb both, or convert to long-term rentals. The numbers support all three.Steps from Mainstrasse Village, Covingtons most walkable entertainment district. Minutes to downtown Cincinnati, major highways, and CVG Airport.A proven, turnkey income property with a track record that speaks for itself. Schedule your showing today.

425 Lehmer Street | MLS# 642131

This multi-family property located at 425 Lehmer Street, Covington, KY 41011 is currently listed for sale with an asking price of $324,900. Lehmer Street is located within the Covington Indep school district. Search Covington real estate on rtoth.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full
Basement: Yes
Cooling: Central Air
Days on Market: 10
Heating: Natural Gas, Forced Air
Lot Size: 0.05 Acres
Roof Type: Membrane, Built-Up
Stories: 2.0
Year Built: 1910

Feature Descriptions

Appliances: Washer/Dryer Stacked, Electric Oven, Stainless Steel Appliance(s), Dishwasher, Refrigerator
Exterior: Brick, Stone
Foundation: Stone
Lot Dimensions: of record
Parcel Number: 054-22-10-002.00
Parking: On Street
Sewer: Public Sewer
Special View Info: City, Neighborhood
Structure Type: Duplex
Sub Type: Multi Family
Tenant Pays: Electricity, Gas, Heat
Units: 2
Utilities: Cable Available, Natural Gas Available, Sewer Available, Water Available
Water: Public
Window: Insulated Windows, Double Hung

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

$ 1,746.19 per month $1,651.43 Principal & Interest $0.00 Property Tax (data not provided by mls) $94.76 Homeowner's Insurance

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