628 Jennings Rd Grand Rivers, KY 42045
- Residential income homes
- 2,251 SF
- 0.72 lot acres
Current Use by Public Records
- Residential income homes
Property Details for 628 Jennings Rd
- Year built
- 1973
- Lot size
- 0.72 lot acres
- Property size
- 2,251 SF
- Property type
- Residential income homes
Description
This unique Grand Rivers, KY property, situated on a 0.72-acre lot between Kentucky Lake and Lake Barkley, presents a compelling investment opportunity. The two-building, single-story complex, built in 1973, offers a combined 2,251 to 2,500 square feet of space. The main level features one bedroom, one bathroom, and a kitchen, previously used as a dance floor, offering potential for additional rooms. The lower level, accessed separately, includes two bedrooms, one bathroom, a kitchen, a living area, and a utility room. The property is being sold as-is and offers ample parking with six spaces. Its location makes it ideal for short-term or long-term rentals, catering to the thriving lake tourism market. The asking price is $134,900, translating to approximately $54.75 per square foot. The property is available for occupancy on October 31, 2024. An adjacent property at 634 Jennings Road is also available for purchase. This presents a rare chance to acquire a substantial rental portfolio in a highly desirable lakeside location.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Grand Rivers
- County
- Livingston
- State
- Kentucky
- Longitude
- -88.234264
- Latitude
- 37.0252312
