628 Jennings RdGrand Rivers, KY 42045

Property Details for 628 Jennings Rd

Year built

1973

Lot size

0.72 AC

Property size (Sq ft)

2,251 SF

Property type

Investment properties

Property subtype

Multifamily properties

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.

Location Insight

City

Grand Rivers

County

Livingston

State

Kentucky

Latitude

37.0252

Longitude

-88.2343

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