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Listed by The Brantingham Group Team • KELLER WILLIAMS HEARTLAND
$325,000
Est. payment /mo
4 Beds
2 Baths
1,360 SqFt
Active
6249 North Dixie Hwy Elizabethtown, KY 42701
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Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,360 sqft
Price per Sqft $238
MLS Listing ID HK25004863
Bedrooms 4
Full Baths 2
Year Built 1959
Lot Size 0.670 Acres
Acres 0.67
Property Sub-Type Multi-Family
Property Description
Proven income, prime exposure, and immediate cash flow, this fully furnished, newly remodeled two-unit short-term rental checks every box for investors seeking a true turn-key opportunity. The main unit features a stylish 3-bedroom, 1-bath layout with modern finishes and a guest-favorite outdoor fire pit, while the second unit offers a private studio apartment with a full bath, ideal for traveling professionals or weekend guests. Both units convey fully furnished, allowing income to begin on day one. The property has a strong, documented rental history with an average monthly gross income of approximately $4,135, including $4,361.87 in June, $4,680.70 in July, and $3,362.50 in August, nearly $50,000 in annual gross income. At the adjusted list price of $325,000, this produces an impressive ~15.3% gross cap rate, making it a standout cash-flowing investment. Located directly on Dixie Highway, the property benefits from excellent visibility and accessibility, along with long-term upside potential for future commercial use or redevelopment as the corridor continues to grow. With remodeled interiors, furnished units, multiple income streams, and outstanding frontage, opportunities like this are rare, schedule your showing today.
Location
State KY
County Hardin
Area Nw Hardin
Rooms
Basement None
Interior
Interior Features Ceiling Fan(s), Other-See Remarks
Heating NaN
Flooring 1
Exterior
Exterior Feature Brick
Utilities Available Mastered Metered
Roof Type Metal
Building
Foundation Block, Crawl Space
Water County
Others
Miscellaneous Other-See Remarks