$225,000

Discover an exceptional investment opportunity in Covington, presenting a versatile 5-unit property perfect for investors or owner-occupants eager to build equity. The first-floor unit captivates with beautiful wood floors, elegant wood trim, and charming French doors, offering flexible living as a 2 or 3-bedroom residence. This unit provides the comfort of central air conditioning, a convenient washer and dryer hook-up, and inviting side porches for relaxation. Also situated on the first floor, the cozy 6 Walnut unit features one bedroom and its own private side porch, heated by electric baseboard. Ascend a gorgeous wood winding stairwell to access the three upper units, each comprising one bedroom and equipped with a gas furnace for consistent comfort. Apartment C boasts newly installed carpeting, adding a fresh appeal. The property benefits from several updates, including some newer windows, water heaters, and a roof installed approximately in 2013, ensuring a well-maintained and appealing environment for residents. This property offers a compelling blend of classic charm and practical updates in a desirable neighborhood. The rents are below current market value. The tenants pay electric and gas, are metered separately. Owner pays water and lawn care. All units come with range and refrigerator.