406 W 10th Street, Newport, KY 41071

$399,900
: 3
BD
: 1
BA
: 1,824
SqFt

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List Price: $399,900
Status: ACTIVE
MLS#: 642063
Price Change: ▼ $25,100 1781718488
Bedrooms: 3
Bathrooms: 1
Levels: Two
Region: K14 - Newport

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Property Description

Investor Opportunity - Mixed-Use + Residential Package in Newport! Rare chance to acquire two adjacent properties being sold together in a prime Newport location. 402 W 10th Street is a substantial mixed-use building offering over 5,000 sq ft on a highly visible corner lot. The first floor features a former bar space, currently vacant and ready for your vision, whether that's a new business, redevelopment, or value-add repositioning. The second-floor apartment is currently leased on a month-to-month basis at $1,200/month, providing immediate income with flexibility for future plans. 406 W 10th Street is a 3-bedroom, 1-bath single-family home primed for renovation. Ideal for a fix-and-flip, rental addition, or owner-occupant looking to build equity. This package presents multiple upside opportunities - live/work conversion, rental potential, or redevelopment. Excellent proximity to downtown, entertainment, and ongoing area growth. Sold as-is. Endless potential for the right investor or developer!

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