1553 Greenup St, Covington, KY 41011

COMPLETE REHAB – VALUE-ADD OPPORTUNITY WITH 4 UNITS | 2 BUILDINGS This 4-unit property is a prime investment opportunity with major upside potential. Situated on a lot with two separate buildings, the layout offers flexibility and multiple income streams. Building 1 includes 3 units: * Unit 1: 3 bedrooms * Unit 2: 2 bedrooms * Unit 3: Studio apartment Building 2 is a standalone carriage house with 1 bedroom and 1 bathroom—perfect for rental income or use as a private in-law suite. This property could be converted back into a single-family home with a mother-in-law home in the rear, offering great flexibility for various living or rental arrangements. The carriage house could be finished and rented out while the front house is being renovated. Key Features: * Newer roof and windows * Some renovation work already started * Off-street parking in rear + ample on-street parking * Convenient location- near shopping, public transit and minutes to I-75, Downtown Covington, Newport and Cincinnati The property can also be reconfigured into a single-family residence with a mother-in-law (MIL) suite in the rear building—perfect for multi-generational living or added rental income. Some updates have already been completed, including: Additional features: Showings by appointment only. Don’t miss the chance to transform this property into a strong income producer or custom residence. Bring your vision and make it yours! AS IS