$245,000
$260,000
5.8%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
1 Bath
1,152 SqFt
SOLD DATE : 08/12/2024
Key Details
Sold Price $245,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,152 sqft
Price per Sqft $212
MLS Listing ID 1662133
Sold Date 08/12/24
Bedrooms 3
Full Baths 1
HOA Y/N No
Abv Grd Liv Area 1,152
Originating Board Metro Search (Greater Louisville Association of REALTORS®)
Year Built 2016
Lot Size 1.420 Acres
Acres 1.42
Property Description
Charming 8-year-old cabin just a mile away from Lake Cumberland and the nearest boat ramp. This property has been a thriving short-term rental (Airbnb) for several years. Sold fully furnished and equipped, even boasting a hot tub, it generated $26K in gross income in 2021-2022 and $22K in 2022-2023. Perfect for those seeking an income-generating lake house investment, it's conveniently located only 2.5 hours from Louisville or Nashville, making it an ideal weekend retreat that's still close to home. Situated on 1.42 acres across 3 lots (could possibly subdivide), one of which features an RV pad with full hookups, including water, electricity, and a separate septic system.
Location
State KY
County Wayne
Direction Decker Road to Richardson Rd. Take a right on Richardson and the house is on the right.
Rooms
Basement None
Interior
Heating Electric, Forced Air
Cooling Central Air
Fireplace No
Exterior
Exterior Feature Hot Tub
Parking Features Driveway
Fence Partial, Chain Link
View Y/N No
Roof Type Metal
Porch Deck, Porch
Garage No
Building
Lot Description Wooded
Story 1
Foundation Poured Concrete
Sewer Septic Tank
Water Public
Structure Type Wood Frame
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