$566,250
$579,500
2.3%For more information regarding the value of a property, please contact us for a free consultation.
2,400 SqFt
SOLD DATE : 05/15/2023
Key Details
Sold Price $566,250
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $235
MLS Listing ID 1633090
Style Bi-Level
Year Built 1950
Lot Size 5,227 Sqft
Property Sub-Type Duplex
Property Description
Welcome to Bluegrass Suites, your perfect short-term rental investment opportunity in historic downtown Shelbyville, Kentucky. This double unit AirBnB has been completely remodeled in 2022 and offers two spacious and stylish units - the Comfortable Ground Level and the Stunning Upper Level. Both units can be booked separately or together, offering guests a range of options to suit their needs.
The Comfortable Ground Level at Bluegrass Suite is a beautiful 2 bedroom, 2 bathroom suite located on the main level of the building. This suite has been completely remodeled with high-end furnishings, creating a luxurious and comfortable space for guests to call home during their extended stay in Shelbyville. The suite is conveniently located on the main floor, making it easily accessible without the need for stairs. Guests will enjoy amenities such as high-speed internet, fresh linens and towels, in-suite laundry facilities, and off-street parking. This unit comes completely furnished with over $50,000 in furnishings, ensuring that guests have everything they need to feel at home during their stay.
The Stunning Upper Level at Bluegrass Suite is a breathtaking 3 bedroom, 2 bathroom suite located on the upper level of the building. This suite has also been completely remodeled with high-end furnishings and features a spacious layout with plenty of room for guests to relax and unwind. Guests will enjoy amenities such as high-speed internet, fresh linens and towels, in-suite laundry facilities, and off-street parking. This unit also comes completely furnished with over $50,000 in furnishings, ensuring that guests have everything they need to feel at home during their stay.
In addition to the exceptional features and amenities of Bluegrass Suites, this investment opportunity is also perfect for a 1031 Buyer. With gross income projections of $85,000 annually, this investment is sure to deliver a strong return. Don't miss your chance to invest in this incredible opportunity and start earning a strong return on your investment today!
Location
State KY
County Shelby
Interior
Heating Natural Gas
Cooling Central Air
Exterior
Exterior Feature Balcony
Garage Spaces 2.0
View Y/N No
Roof Type Shingle
Building
Lot Description Easement
Structure Type Brick
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