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$ 535,000
Est. payment | /mo
8 Beds
8 Baths
4,920 SqFt
$ 535,000
Est. payment | /mo
8 Beds
8 Baths
4,920 SqFt
Key Details
Property Type Single Family Home
Sub Type Site Built
Listing Status Active
Purchase Type For Sale
Square Footage 4,920 sqft
Price per Sqft $108
MLS Listing ID 246967
Bedrooms 8
Full Baths 8
Annual Tax Amount $1,755
Property Sub-Type Site Built
Property Description
Profit and Loss statement available by contacting listing agent. Property is making $30-$40k are year - past two years. Incredible Investment Opportunity in Wolf Creek Dam area! Are you looking for a property with endless possibilities? This modern motel offers a rare chance to own a prime piece of real estate in one of the most sought-after lake areas. Sitting on over 3 acres and featuring 8 fully furnished rooms, this property is truly one of a kind. Property Highlights: 8 rooms - each with double queen beds Mini fridge, towels, and linens included Keypad entry for easy rentals Boat plug-ins outside each room One water heater for every two rooms Completely furnished & ready to rent Washer and dryer included Large parking lot with room to turn boats Location Perks: This is the last property by the Cumberland River boat ramp. Launch your boat and park it right on your own property! With plenty of space to expand, you could easily add a kayak rental business, boat storage, or a garage for even more income potential. Endless Potential: Use it as a turnkey investment property, create a family lake compound, or go in with friends to own your own shared getaway with a common gathering space. Owners have rental history from the past couple of years, making this an excellent income-producing opportunity. Prime location. Multiple revenue possibilities. Rare find. Opportunities like this don't come along often-and it won't last long.
Location
State KY
County Russell, Ky
Area Other
Interior
Appliance Electric Water Heater
Exterior
Waterfront Description Cumberland River
View Y/N Yes
Water Access Desc Public,city
View Cumberland River, River
Roof Type Shingle
Garage No
Building
Sewer Septic Tank
Water Public, city
Others
Acceptable Financing 588b05eefd30201b543860a4190e6d69
Listing Terms 588b05eefd30201b543860a4190e6d69
Virtual Tour https://my.matterport.com/show/?m=ckk9xxutQsc&mls=1
Listed by The Realty Firm - Byrdstown
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