HIGHLY PROFITABLE AIRBNB + STUDENT HOUSING APPROVED! Located a stone’s 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.
Sold for $480,000 on 06/26/24
$480,000
413 Peter St, Auburn, AL 36832
3beds
1,636sqft
Single Family Residence
Built in 2022
6,534 Square Feet Lot
$416,900 Zestimate®
$293/sqft
$2,098 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: June 27, 2024 at 06:15am
Listed by:
CHRIS KEARNS,
AUBURN INVESTMENT PROPERTIES 334-332-6136
Bought with:
LORI FULLER, 120860
EXP REALTY - SOUTHERN BRANCH
Source: LCMLS,MLS#: 169964Originating MLS: Lee County Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Electric, Heat Pump
Cooling
- Central Air, Electric, Heat Pump
Appliances
- Included: Dryer, Dishwasher, Disposal, Microwave, Oven, Refrigerator, Washer
Features
- Ceiling Fan(s), Kitchen Island, Living/Dining Room, Pantry
- Flooring: Carpet, Ceramic Tile, Plank, Simulated Wood
Interior area
- Total interior livable area: 1,636 sqft
- Finished area above ground: 1,636
- Finished area below ground: 0
Property
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Front Porch, Patio
- Pool features: None
- Fencing: Privacy
Lot
- Size: 6,534 sqft
- Features: Cul-De-Sac, < 1/4 Acre
Details
- Parcel number: 0807252001171.000
- Zoning description: RDD
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Cement Siding
- Foundation: Slab
Condition
- Year built: 2022
Details
- Builder name: Holland Homes
Utilities & green energy
- Utilities for property: Cable Available, Electricity Available, Sewer Connected, Water Available
Community & neighborhood
Security
- Security features: Security System
Location
- Region: Auburn
- Subdivision: PIPER GLEN
HOA & financial
HOA
- Has HOA: Yes
- Amenities included: None
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for —faster.
$416,900
2% more+$8,338
With Zillow Showcase(estimated)$425,238