$499,500 Price Analysis 515 N Dixie HwyCave City, KY 42127 0 bed 0 bath 5,550 SqFt ($90/SqFt) 0.5 acre lot. Built 2001 Listed 2024-03-06 | ✓ USDA Eligible near Cave City, KY Restrictions may apply due to home size |
This property offers approx .50 acre (pending a survey), a car wash and storage units. This multi-income producing property has 2 storage unit structures with a combined total of 28 10x10 units currently rented at $45 per month per unit, totaling $1260 per month and $15, 120 per year. All units are rented with a waiting list.
There is also a shed on the lot tht currently rents at $125 per month as a large storage unit with 572 sq ft. The yearly income is $1500. There are no utilities on the unit at this time. The carwash was built in 2001 with 2058 sqft. is currently not in use. It was purchased in 2020 with a 15 year non-compete for the carwash business. The current owner had plans to make it into more storage units for this time period for use of vehicles or boat storage.
Presented by Alexis Yates at
Exp Realty Llc.
Property MLS #SC45332 from Glasgow
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.