Est.
$435,246
718 CYPRUS COVE, AUBURN, AL, 36830
Closed
MLS# 169969
15 days on market
My Notes
Description
HIGHLY PROFITABLE AIRBNB + STUDENT HOUSING APPROVED! Discover the potential of this 3 bedroom, 2.5 bathroom newly constructed townhome located near the Auburn airport. Over the last year, this property has generated $77,202 in revenue, with an average monthly income of $6,433, and maintained a 52% occupancy rate. Like its neighboring properties, it is approved for both student and short-term housing, offering unique flexibility in a competitive market. The home is fully furnished with high-quality pieces, valued at $45k, all included in the sale. Its location on the Tiger Transit route provides easy access to university events, downtown Auburn, and campus life. Future bookings are already in place, highlighting its ongoing appeal.
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Property Details
- Property Type
- Residential
- Subtype
- Townhouse
- Bedrooms
- 3
- Bathrooms
- 3
- Full Baths
- 2
- Half Baths
- 1
- Living Area
- 1,948 sq ft
- Lot Size
- 0.07 acres
- Year Built
- 2021
- City
- AUBURN
- Subdivision
- CYPRUS COVE
- County
- LEE
- Parking
- 1 garage, Attached,Garage,OneCarGarage
- Cooling
- CentralAir,Electric,HeatPump
- Heating
- Electric,HeatPump
- HOA Fee
- $135/mo
- List Date
- May 12, 2024
- MLS Area
- Auburn
- Parcel #
- 09-08-28-1-000-015.000