628 Jennings Rd Grand Rivers, KY 42045

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.