Investing in real estate can be a lucrative venture, and when it comes to investment properties, location is everything. If you’re looking for a prime investment opportunity, look no further than this Kentucky investment property for sale. Located near a college campus, this property is perfect for investors looking to tap into the reliable rental income that comes with student housing.
With five spacious bedrooms, this property is ideal for college students who prefer to walk, bike or drive to classes. There is a constant stream of students each year who seek housing, and owning this property can guarantee you a steady flow of rental income. The current owners have enjoyed this property as an investment for over 20 years and are now ready to let another investor enjoy the long-term lease stability and reduced turnover.
The property features three bedrooms on the main level and two bedrooms upstairs, each level with a full bath. In addition, there is an eat-in kitchen, two living rooms on the main level, and a great front porch. The property also comes with two hot water heaters, a washer and dryer, and an extra dryer in the basement.
Investing in a college rental property can be a smart move, especially if you’re looking for a long-term investment with reliable returns. With a prime location and a steady stream of potential tenants, owning this Kentucky investment property can be an excellent opportunity for investors looking to diversify their portfolio.
So, grab your landlord hat and your Realtor and come see 224 Forest Park Road while school is out for summer. Don’t miss out on this opportunity to own a lucrative investment property in a prime location!
224 Forest Park Road, Lexington, KY 40503