Newport, KY

In East Row Historic District, with plenty of potential to turn into a big single-family house with old world charm. High ceilings and tall windows make this home bright and cheery. Hardwood floors and original woodwork would take some elbow grease and TLC, but could be spectacular. To directly access this property, use this shortcut: http://www.fizber.com/kentucky-buy-duplex-triplex-multi-family-home-11689680.html

This 125 year old home is located on the West side of Newport, Kentucky. It was originally a very upscale single family residence but had been converted many years ago to a two family. Remarkably, the original woodwork, ornate finish and four Rookwood Tile mantels remained almost entirely intact.

When these pictures were taken the home was in a state of disrepair and was the property of the municipal housing authority. It has since been sold and is being brought back to its former glory!

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The Housing Authority of Newport / Neighborhood Foundations is currently offering three totally rehabbed homes on the East Side.

These brick 2 story homes feature fully equipped kitchens, 1st or 2nd floor laundry rooms, 1.5 ceramic tile baths and offstreet parking for 2 cars.

Qualified individuals will receive a $40,000 "soft second" mortgage on which they are required to make no payments. This will enable them to purchase these homes- priced at $125,000 - by obtaining a first mortgage for less than $90,000.

This is a tremendous opportunity for buyers who meet the eligibility requirements - I am the Agent for the Housing Authority of Newport and you can contact me for details!