$1,510,000
SOLD AUG 30, 2024

32-36 Orphanage Rd Fort Wright, KY 41017

4 Beds
4 Baths
750 Sq Ft
1960 Built

Recently Sold

$2,013 Per Sq Ft

1% Above List Price

2 Days on Market

Highlights

  • Property is near public transit
  • Fireplace
  • Hot Water Heating System
  • Beechwood Elementary School Rated A
  • Mini Split Air Conditioners
  • 12 Car Garage

About This Home

As of August 2024

Sale includes three 4-unit buildings. Each building has two stories of apartment units and basement area with garages, mechanicals, and storage. .
Each building has two, two car garage units for a total of 12 garage parking spaces for the 12 units. There are also an additional 12 outdoor off street parking spots. The units have hardwood floors, bedroom, living room, kitchen/breakfast area and one garage space.

All twelve units are approximately identical in size and have been renovated within the past three to five years. All buildings have a central boiler (owner paid heat), window air conditioning, and owner paid water and sewer.

Last Agent to Sell the Property

Susan Huff

Huff Realty - Florence License #181847 Listed on: 07/24/2024

Huff Realty - Florence

Co-Listed By

Maria Schilling

Huff Realty - Florence License #266080

Last Buyer's Agent

Teresa Gillum

Keller Williams Realty Service License #188708

Keller Williams Realty Service

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Parking

  • 12 Car Garage
  • Rear-Facing Garage
  • Off-Street Parking
  • Assigned Parking

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof

Interior Spaces

  • 750 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Vinyl Clad Windows
  • Double Hung Windows
  • Electric Oven

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Location

  • Property is near public transit

Schools

  • Beechwood Elementary School
  • Beechwood High Middle School
  • Beechwood High School

Utilities

  • Mini Split Air Conditioners
  • Window Unit Cooling System
  • Hot Water Heating System
  • Underground Utilities

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for water
  • Assessor Parcel Number 028-40-05-010.00

Community Details

Overview

  • 3 Buildings
  • 12 Units

Building Details

  • Electric Expense $5,600
  • Insurance Expense $3,345
  • Maintenance Expense $6,984
  • Water Sewer Expense $7,251
  • Gross Income $131,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Parking

12

Listing Details

  • Cooling: Window Unit(s)
  • Property Condition: Existing Structure
  • Property Sub Type: Multi Family
  • Owner Pays: Water
  • Year Built: 1960
  • Lot Size: -
  • Co List Office Mls Id: o432500054
  • Co List Office Phone: 859-525-7900
  • Directions: Dixie Highway to Orphanage Road
  • New Construction: No
  • Structure Type: Quadruplex
  • Location Tax Legal Info:New Construction: No
  • Location Tax Legal Info:Elementary School: Beechwood Elementary
  • Location Tax Legal Info:Middle or Junior School: Beechwood High School
  • Location Tax Legal Info:High School: Beechwood High
  • Contract Info:Auction YN: No
  • General Property Description:Basement YN2: Yes
  • General Property Description:Fireplace YN: No
  • General Property Description:Lot Size Dimensions: -
  • General Property Description:Approx SqFt2: 750.0
  • Foundation:Poured Concrete: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Miscellaneous Home Warranty: No
  • Location Tax Legal Info:Tax ID: 028-40-05-010.00
  • Appliances Refrigerators: Yes
  • Laundry Features:In Basement: Yes
  • Utilities:Underground Utilities: Yes
  • Cooling:Window Unit(s): Yes
  • General Property Description:_pound_ of Buildings: 3
  • Utilities:Separate Air Condition: Yes
  • Utilities:Separate Furnace: No
  • General Property Description:Number Of Units Total: 12
  • Levels:Two2: Yes
  • Structure Type:Quadruplex: Yes
  • Financial Info:Electric Expense: 5600.0
  • Financial Info:Maintenance Expense: 6984.0
  • Financial Info:Water Sewer Expense: 7251.0
  • Special Features: None

Interior Features

  • Basement: Full
  • Heating: Hot Water
  • Levels: Two
  • Property Type: MultiFamily
  • Tenant Pays: Electricity
  • Number Of Buildings: 3
  • Appliances: Electric Oven, Refrigerator
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace: No
  • Window Features: Double Hung, Vinyl Clad Window(s)
  • Full Basement: Yes
  • Appliances:Electric Oven: Yes

Exterior Features

  • Roof: Shingle
  • Lot Features: Near Public Transit
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Poured Concrete
  • Construction Materials:Brick2: Yes
  • Window Features:Double Hung: Yes
  • Window Features:Vinyl Clad Window(s): Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned, Garage, Garage Faces Rear, Off Street
  • General Property Description:Garage Spaces: 12.0
  • Parking Features:Garage5: Yes
  • Parking Features:Off Street2: Yes
  • Parking Features:Garage Faces Rear: Yes
  • Parking Features:Assigned: Yes

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: In Basement
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Underground Utilities
  • Heating:Hot Water: Yes

Fee Information

  • Annual Water Sewer Expense: 7251.0

Schools

  • Elementary School: Beechwood Elementary
  • Junior High Dist: Beechwood Indep
  • High School: Beechwood High
  • Middle Or Junior School: Beechwood High School

Multi Family

  • Gross Income: 131400.0
  • Number Of Units Total: 12
  • Electric Expense: 5600.0
  • Insurance Expense: 3345.0
  • Maintenance Expense: 6984.0

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2024 08/30/24 Sold $1,510,000 +0.7% $2,013 / Sq Ft
07/27/2024 07/27/24 Pending -- -- --
07/24/2024 07/24/24 For Sale $1,500,000 -- $2,000 / Sq Ft
Source: Northern Kentucky Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Kentucky Multiple Listing Service

MLS Number: 624917

Northern Kentucky Multiple Listing Service