• Asking Price $485,450
  • 413 PETER ST AUBURN, AL 36832

  • 3 Beds 2 Baths 1,636 SqFt
  • Vacant Land / Resale (MLS)

Property Details for 413 PETER ST, AUBURN, AL 36832

Features

  • Price/sqft: $296
  • Total Rooms: 6
  • Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 1, Bathroom 2, Bathroom 3
  • Heating: Heat Pump

Facts

  • Year Built: 01/01/2022
  • Property ID: 884172529
  • MLS Number: 169964
  • Parcel Number: 08-07-25-2-001-171-000
  • Property Type: Vacant Land
  • County: LEE
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. HIGHLY PROFITABLE AIRBNB + STUDENT HOUSING APPROVED! Located a stones throw from Auburn University, this newly constructed 3 bedroom, 2.5 bath single-family home epitomizes modern living in a bustling college town. It has generated $85,720 in revenue over the past 12 months with a 58% occupancy rate, averaging $7,143 per month. The dual approval for student and short-term housing makes it a highly desirable property. Included in the purchase are top-tier furnishings valued at $60k, making this an ideal turnkey solution for investors. Its proximity to campus, downtown, and sports venues enhances its appeal. With future bookings in place, there is evidence of continued strong demand for the new owner as well.

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Property Brokerage: AUBURN INVESTMENT PROPERTIES P.O. BOX 3054 AUBURN AL 36830
Copyright © 2024 Lee County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.



All information provided is deemed reliable, but is not guaranteed and should be independently verified.