Bought with LORI FULLER • EXP REALTY - SOUTHERN BRANCH
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Key Details
Sold Price $480,000
Property Type Single Family Home
Sub Type Residential
Listing Status Sold
Purchase Type For Sale
Square Footage 1,636 sqft
Price per Sqft $293
Subdivision Piper Glen
MLS Listing ID 169964
Sold Date 06/26/24
Bedrooms 3
Full Baths 2
Half Baths 1
HOA Y/N Yes
Abv Grd Liv Area 1,636
Year Built 2022
Annual Tax Amount $633
Lot Size 6,534 Sqft
Acres 0.15
Property Sub-Type Residential
Property Description
HIGHLY PROFITABLE AIRBNB + STUDENT HOUSING APPROVED! Located a stone's throw from Auburn University, this newly constructed 3 bedroom, 2.5 bath single-family home epitomizes modern living in a bustling college town. It has generated $85,720 in revenue over the past 12 months with a 58% occupancy rate, averaging $7,143 per month. The dual approval for student and short-term housing makes it a highly desirable property. Included in the purchase are top-tier furnishings valued at $60k, making this an ideal turnkey solution for investors. Its proximity to campus, downtown, and sports venues enhances its appeal. With future bookings in place, there is evidence of continued strong demand for the new owner as well.
Location
State AL
County Lee
Area Auburn
Interior
Interior Features Ceiling Fan(s), Kitchen Island, Living/Dining Room, Pantry
Heating Electric, Heat Pump
Cooling Central Air, Electric, Heat Pump
Flooring Carpet, Ceramic Tile, Plank, Simulated Wood
Fireplace No
Appliance Dryer, Dishwasher, Disposal, Microwave, Oven, Refrigerator, Washer
Exterior
Fence Privacy
Pool None
Utilities Available Cable Available, Electricity Available, Sewer Connected, Water Available
Amenities Available None
Porch Covered, Front Porch, Patio
Building
Lot Description Cul-De-Sac, < 1/4 Acre
Story 2
Entry Level Two
Foundation Slab
Level or Stories Two
Schools
Elementary Schools Richland/Creekside
Middle Schools Richland/Creekside
Others
Tax ID 08-07-25-2-001-171.000
Security Features Security System
Financing Conventional
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