2002 Greenup St Covington, KY 41014
This stunning 9,700 square foot building, constructed in 1921, presents a unique investment opportunity in Covington, Kentucky's desirable Wallace Woods area. Currently utilized as a church and daycare center, this property offers immense potential for adaptive reuse. Imagine transforming this historic landmark into a breathtaking private residence, preserving its rich character and architectural details. The building boasts beautiful stained-glass windows and numerous decorative accents reflective of its era. The functional layout includes seven classrooms, three offices, a spacious fellowship hall, and a fully equipped kitchen, providing ample space for a variety of uses. Twelve parking spaces are conveniently located in a private lot accessible from 20th Street, offering ample parking for residents or patrons. The property sits on a 0.24-acre lot and benefits from a recently updated heating system and other significant improvements. Its prime location and substantial size make this a rare find, ideal for those seeking a unique and historically significant property with significant development potential. The asking price is $1,000,000. This is a chance to own a piece of Covington's history and shape its future. Serious inquiries only.
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Word-Life Christian Fellowship Church
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Word of Life Christian Academy Learning center Daycare Center
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.