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401 Park Avenue, Newport, KY 41071

Request Information
This 5,550 s.f. building in Mansion Hill makes an impressive statement to any client. Known as the George Wiedemann, Jr. house, certified historic by Kentucky Heritage Commission. For sale: the rights to a perpetual land lease with an annual payment of $7,850 until 2054, and then $1,200 annual thereafter. Since land is owned by a church, no property tax is paid by the owner of the land lease.
Property Features
Location Information
County: Campbell
MLS Area: Newport
Cross Street: 5th Street
Suburb: Newport
Directions: Located in historic Mansion Hill. Off 5th Street onto Park Ave. Property on the right.
Interior Features
Heating: Forced Air
Cooling: Central Air
Floors: Tile, Wood
Exterior Features
Stories: 3 Story
Foundation: Poured
Roof: Shingle
Water Source: Public
Sewer: Public
Gas: Natural
Lot Size in Acres: 0.57
Lot Size in Sq. Ft.: 24, 829
Easements: Of Record
Additional Information
Property Type: COM
Property SubType 2: Commercial
Status: Active

$ per month
Year Fixed. % Interest Rate.
Principal + Interest: $
Monthly Tax: $
Monthly Insurance: $
Interest Rate
Down Payment
List Price:
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Listing Courtesy of Ken Perry Realty
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The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of NKMLS. Real estate listings held by IDX Brokerage firms other than Melton Real Estate LLC are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers.

Information Deemed Reliable but Not Guaranteed.
NKMLS (NKAR) data last updated at March 17, 2018 10:34 AM ET