Multi-Family $ 325,000

6249 North Dixie Hwy

Elizabethtown, KY 42701

  • 4 Beds
  • 2 Baths
    Full Baths: 2
  • 1,360 SqFt
  • 0.67 Lot Size
  • 1959 Year Built
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.
Listed by The Brantingham Group Team of KELLER WILLIAMS HEARTLAND

PROPERTY DETAIL

  • 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

  • Location

    State KY

    County Hardin

    Area Nw Hardin

  • Rooms

    Basement None

  • Building

    Foundation Block, Crawl Space

    Water County

  • Interior

    Interior Features Ceiling Fan(s), Other-See Remarks

    Heating NaN

    Flooring 1

  • Exterior

    Exterior Feature Brick

    Utilities Available Mastered Metered

    Roof Type Metal

  • Others

    Miscellaneous Other-See Remarks

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CONTACT

Hailey Shelman
Hailey Shelman

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