Multi-Family $ 350,000

6249 North Dixie Hwy

Elizabethtown, KY 42701

  • 4 Beds
  • 2 Baths
    Full Baths: 2
  • 1,360 SqFt
  • 0.67 Lot Size
  • 1959 Year Built
Incredible turn-key investment opportunity! This fully furnished two-unit short-term rental is newly remodeled, beautifully maintained, and already producing strong, reliable income. The main unit offers a stylish 3-bedroom, 1-bath layout with modern finishes and a guest-favorite outdoor fire pit, while the second unit features a charming studio apartment with a full bathroom, perfect for traveling professionals or weekend visitors. Both units are being sold completely furnished, allowing income to begin immediately. With an average monthly gross income of approximately $4,135, the property generated $4,361.87 in June, $4,680.70 in July, and $3,362.50 in August. That's nearly $50,000 annually, producing a powerful 14.2% gross cap rate at the list price of $350,000. Investors will value the two diverse income streams, strong occupancy, and proven rental history. Situated directly on Dixie Highway, this property offers not only excellent accessibility but also long-term potential for future commercial use or redevelopment as the corridor continues to grow. With its remodeled interiors, furnished units, prime frontage, and exceptional income history, this is an opportunity that is hard to find. 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 $257

    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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