Multifamily Housing
738 Monmouth Street Newport, KY 41071
Details & Description
Price: $814,000
    KW Commercial is proud to present this dual usage property. This building in in the heart of Newport in the midst of the heavy retail corridor. The building has been recently updated with a full facia upgrade. The building has been well maintained. The property is 100% Occupied. Property has three (3) retail spaces on the ground floor accessing the heavy Newport walk traffic. The second floor contains 6 multifamily residential spaces. all units are in great condition and rent extremely fast. The units are larger in size compared to the typical rental space in the area. We feel there is a value add to a buyer as the residential rental units are underpriced. The top floor is open penthouse space that can be used for many different opportunities. We feel that additional multi family or professional office space will be the best fit yet your new concept may be just the ticket that draws the Newport crowds.
    Property Highlights
    Listing Agents
    Derrick Plunkett

    O: 859-620-5830
    dp.kwcommercial@gmail.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    738 Monmouth Street

    Newport, KY 41071

    Listing ID: 272418
    • 738 Monmouth Street Newport, KY 41071 | for Sale | Photo 1
    • 738 Monmouth Street Newport, KY 41071 | for Sale | Photo 2
    • 738 Monmouth Street Newport, KY 41071 | for Sale | Photo 3
    738 Monmouth Street | for Sale | Thumbnail 1
    738 Monmouth Street | for Sale | Thumbnail 2
    738 Monmouth Street | for Sale | Thumbnail 3
    Building Size: 13,226 SF
    Lot Size: 0.100 AC
    Land Size: 4,356 SF
    Building $/SF: $61.55
    Land $/SF: $186.87
    Price
    $814,000
    Property Highlights
    100 occupied
    Phenomenal Walk Traffic
    Dual Usage property
    Great location
    Well Maintained
    Description

    KW Commercial is proud to present this dual usage property. This building in in the heart of Newport in the midst of the heavy retail corridor. The building has been recently updated with a full facia upgrade. The building has been well maintained. The property is 100% Occupied. Property has three (3) retail spaces on the ground floor accessing the heavy Newport walk traffic. The second floor contains 6 multifamily residential spaces. all units are in great condition and rent extremely fast. The units are larger in size compared to the typical rental space in the area. We feel there is a value add to a buyer as the residential rental units are underpriced. The top floor is open penthouse space that can be used for many different opportunities. We feel that additional multi family or professional office space will be the best fit yet your new concept may be just the ticket that draws the Newport crowds.

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    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
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    Newport Area Market Trends

    Listing Demographics for 738 Monmouth Street Newport, KY 41071

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

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    Common Questions and Answers

    What is the asking price for 738 Monmouth Street in Newport?
    The asking price for 738 Monmouth Street is $814,000
    What is the building size of this Multifamily property in Newport, KY?
    The size of the building/unit at 738 Monmouth Street in Newport is 13,226 square feet
    How much land does the Newport, KY property at 738 Monmouth Street include?
    738 Monmouth Street in Newport includes 0.100 acres of land
    What is the population within 1 mile of 738 Monmouth Street in Newport?
    The population within 1 mile of 738 Monmouth Street Newport, KY 41071 is 19,480 people.
    Who do I contact for questions about 738 Monmouth Street?
    You should contact the listing agent, Derrick Plunkett, for any details regarding this commercial listing.

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